ACEN Corporation has reported an increase in its net income to Php 6.3 billion in the first half of this year, an increase of 49% from P4.23 billion in the same period...
The Energy Regulatory Commission (ERC) has informed the Congress that it will turn over the assessment of the performance of system operator National Grid Corporation of the Philippines (NGCP) by December. In...
Visayan Electric Company (VECO) has submitted a capital expenditure (CAPEX) program proposal costing Php 4.273 billion to the Energy Regulatory Commission (ERC)/ Manila Standard reported that the majority of the proposed CAPEX...
Ingrid Power Holdings Inc. is gearing to construct a Php 6.875 billion, 150-megawatt (MW) battery energy storage system (BESS) in Pililla, Rizal. In a report by Manila Standard, Ingrid, a joint venture...
Citicore Renewable Energy Corporation (CREC) says that it is on its way to achieving its ambitious target of delivering 5 gigawatts (GW) within 5 years. “We built up speed through a combination...
The Energy Regulatory Commission (ERC) reported around Php 50 billion in total savings for customers using electricity services from retail electricity suppliers (RES). In a report by Manila Bulletin, ERC Chairperson Monalisa...
ACEN Renewable Energy Solutions (ACEN RES), the retail electricity unit of the Ayala group, has partnered with RCBC Plaza as its office building transitions to 100% renewable energy (RE). “We are delighted...
Former Senate President Juan Miguel Zubiri has called on the government to make certain revisions to the Electric Power Industry Reform Act (EPIRA) and develop a tourist strategic plan to alleviate the...
The International Finance Corporation (IFC) and the European Union (EU) have joined forces to boost the private sector involvement in the Philippines’ green transition efforts. In a report by Philippine Star, IFC...
The Board of Investments (BOI) and HSBC Philippines, a subsidiary of the HSBC Group, have currently presented opportunities in clean technology projects in the Philippines to potential investors from China. Business World...
