Category Archives: News
First Gen tapped to energize PSE Tower with renewable power
THE Philippine Stock Exchange, Inc. (PSE) has tapped Lopez-led energy firm First Gen Corp. to...
PetroEnergy unit secures DoE endorsement for offshore wind projects
YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) has secured key government approvals for its energy projects with...
Mitsubishi reinforces ACEN’s coal phaseout
MANILA, Philippines — Ayala-led ACEN Corp. has ramped up its push to retire a coal...
DOE encourages more geothermal exploration following PGPC’s move
Following the Philippine Geothermal Production Company, Inc.’s (PGPC) recent exploration in Albay, the Department of...
IEMOP sees ‘stable’ power supply, spot market prices
THE operator of the Wholesale Electricity Spot Market (WESM) expects “stable” power supply and spot...
Meralco rates seen lower this month
MANILA, Philippines — Relief may be in sight for Manila Electric Co. (Meralco)’s eight million...
DOE, energy sector vow uninterrupted power on election day
MANILA – The Energy Task Force on Election (ETFE), led by the Department of Energy...
First Gen earnings rise in Q1 on leaner operating costs
LOPEZ-LED First Gen Corp. reported a 4.4% increase in attributable net income to $82.3 million...
Gov’t, Mitsubishi break ground for subway power supply substation
MANILA — Government officials and the Mitsubishi Corporation have broken ground for a power substation...
Electricity spot market prices down significantly in April
The Independent Electricity Market Operator of the Philippines (IEMOP) reported a 15 percent decline in...