Category Archives: News
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...
Energy storage redefining clean power shift
MANILA, Philippines — Energy storage is stepping into the spotlight of the country’s green transition,...
Citicore Renewable Energy’s Q1 net income rises 15.4% to P137.89M
LISTED renewable energy developer Citicore Renewable Energy Corp. (CREC) booked an attributable net income of...