Category Archives: News

ACEN RES shifts Shangri-La property to RE

In an effort to expand renewable energy (RE) integration, Ayala-led ACEN Renewable Energy Solutions (ACEN...

First Gen acquires Pi Energy shares in P1-B deal with First Philippine Holdings

LOPEZ-LED First Philippine Holdings Corp. (FPH) sold its shares in Pi Energy, Inc., its energy...

DOE wants fix of ‘mismatch’ in transmission development plan

The Department of Energy (DOE) will be locking horns with system operator National Grid Corporation...

CREC eyes June close for P6.7-B deal with Indonesian firm

LISTED renewable energy company Citicore Renewable Energy Corp. (CREC) expects to achieve financial close by...

Albay solon vows to pursue Aleco modernization

Newly elected Albay 3rd District Rep. Raymond Adrian Salceda vowed to push for the modernization...

NGCP calls for support of transmission projects

The National Grid Corp. of the Philippines has renewed its call for local government units...

FGEN plans 3 more LNG cargo orders for 2025

Lopez-led First Gen Corp. is planning to order three more liquefied natural gas cargoes for...

Raslag, Singaporean firm team up for Puerto Galera wind projects

Raslag Corp. has signed a shareholders and asset purchase agreement with Singaporean firm Verdant Philippines...

PetroEnergy Q1 profit down on expansion costs

Yuchengco-led PetroEnergy Resources Corp. (PERC) on Friday said expansion and acquisition cut its first quarter...

‘Coal plants face higher insurance fees’

MANILA, Philippines — Amid the country’s bold shift toward clean energy, insurance companies have sharply...