Author Archives: LM Staff
ACEN profit soars as clean energy generation expands
ACEN Corp., the listed energy platform of the Ayala Group, said its net income surged...
EAAIF puts USD 50-M behind Ukko Renewable’s Southeast Asia renewables push
Up to USD 50 million in new financing will support the development of renewable energy...
Yuchengcos take full control of PetroWind Energy
MANILA, Philippines — The Yuchengco Group has taken full ownership of PetroWind Energy Inc. (PWEI)...
Department Of Energy Streamlines Rules For Zero-Export And Micro-Solar Systems In The Philippines
The Department of Energy (DOE) has issued Department Circular No. DC2026-08-0017, introducing a streamlined policy...
Red alerts declared for Vis-Min power grids
System operator National Grid Corp. of the Philippines placed the Visayas and Mindanao grids on...
PetroEnergy raises Nabas wind project stake to 90%
YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) has increased its ownership in the company operating the Nabas...
BCDA, StB GigaFactory sign MOU to develop projects in New Clark City
The Bases Conversion and Development Authority (BCDA) teamed up with StB GigaFactory Inc. to explore...
PE2 warns data center expansion could strain grid, raise power costs
The rapid expansion of data centers in the Philippines could put upward pressure on electricity...
Semirara to cut 462 jobs as coal target falls
emirara Mining and Power Corp. (SMPC) said Monday it filed a notice of redundancy with...
Meralco August rate dips as PHP 9.5-B refund cushions higher charges
Manila Electric Company (Meralco) customers will see a slight reduction in electricity rates this August,...