DAVAO CITY — Aboitiz-led Davao Light and Power Co. (DavaoLight) said that it is offering ₱1 billion to acquire the assets of Northern Davao Electric Cooperative (Nordeco) as part of its planned franchise expansion.
AYALA-LED ACEN Corp. has infused an additional P1.9 billion into its subsidiary operating a 133-megawatt (MW) solar farm in Cagayan to fund its expenses.
MERALCO POWERGEN CORP. (MGEN), in partnership with the Meralco Power Academy (MPA), has established a learning and research hub in Iloilo City aimed at providing training and research programs related to the power industry.
LOPEZ-LED First Gen Corp. has signed an agreement with Mets Cold Storage Services, Inc. (Mets) to supply renewable energy (RE) to the latter’s cold storage facility in Cagayan de Oro City.
President Ferdinand Marcos Jr. on Wednesday signed eight new petroleum Service Contracts (PSCs) covering exploration areas across the Sulu Sea, Cagayan, Cebu, Northwest Palawan, East Palawan and Central Luzon.
The Department of Energy (DOE) on Wednesday, Oct. 8, clarified that all electric vehicles (EVs) are exempt from the number coding scheme following an erroneous citation issued by the Metropolitan Manila Development Authority’s (MMDA) system.
THE ORDER backlog among major suppliers of gas turbines is expected to hamper Philippine plans to transition its energy industry to liquefied natural gas (LNG), the Institute for Energy Economics and Financial Analysis (IEEFA) said.
POWER DISTRIBUTOR Manila Electric Co. (Meralco) expects a rise in its generation charge this month, as the peso’s depreciation is seen to drive up the cost of power purchased from its suppliers.
Church leaders, local government officials, indigenous peoples, civil society organizations and communities on Mindoro island are pushing for a full transition to renewable energy (RE) to resolve the island’s chronic power instability, which they link to its reliance on fossil fuels.
ABOITIZ Power Corp. (AboitizPower) said on Tuesday that Aboitiz Upgrade Solar, Inc. had been tapped by electronics manufacturing firm TDK Philippines Corp. to install a 5.65-megawatt-peak (MWp) rooftop solar photovoltaic (PV) system across TDK’s manufacturing plant in Laguna.