SEMIRARA Mining and Power Corp. (SMPC) expects its capital expenditure (capex) budget for this year to reach P6.9 billion, with a significant portion going to its coal business.
The Department of Energy said Friday it endorsed to transmission operator National Grid Corp. of the Philippines 12 projects for system impact study in December, bringing the total for the year to 191, accounting for 41,764.64 megawatts (MW).
MANILA, Philippines — Ayala-led ACEN Corp. and US-based BrightNight have started the commissioning of the first phase of their hybrid renewable energy project in India, moving a step closer to commercial operations.
MANILA, Philippines — Yuchengco-led Rizal Commercial Banking Corp. (RCBC) is extending a P1-billion loan to Alternergy Holdings Corp. to partially fund its 28-megawatt (MW) peak solar farm in Hermosa, Bataan.
MANILA, Philippines — Aboitiz-owned Davao Light and Power Co. Inc. is seeking regulatory approval for the renewal of its certificate of public convenience and necessity (CPCN), which is set to expire this year.
BAGUIO CITY – The more than 220,000 Benguet Electric Cooperative (Beneco) consumers will pay lower bills this month after the power distributor sourced part of its supply from the Wholesale Electricity Spot Market (WESM).
The Department of Energy on Friday gave a higher oil price hike forecast of as much as P2.60 per liter for diesel next week based on the four-day trading in Mean of Platts Singapore.
MANILA – Senator Joel Villanueva on Thursday expressed optimism about the approval of the Meralco franchise renewal bill by the Senate before the 19th Congress adjourns or even earlier.
MANILA – Emirati state-owned company Masdar has formalized its investment plans worth USD15 billion in the Philippines’ renewable energy (RE) sector by signing an Implementation Agreement with the Department of Energy (DOE).
Off-grid energy provider DMCI Power Corporation (DPC), a DMCI Holdings subsidiary, announced that its first renewable energy (RE) project will begin operations this year.