NGCP interconnection projects suffer from binding restraints, hopefully temporary
An injunction issued by the Supreme Court has hobbled efforts by the National Grid Corporation of the Philippines (NGCP) to connect the island of Guimaras to Panay via a 138-kilovolt (kV) interconnection line.
ACEN taps undisclosed lender for P20B loan
ACEN Corp. has tapped a bank for P20 billion earmarked for general corporate and for its renewable energy projects but declined to identify the lender.
Pangasinan LGU welcomes Petro Energy’s 25-MW solar farm
Petro Green Energy Corp. (PGEC) subsidiary Petro Energy Resources Corp. (PERC) has secured permits from the local government unit (LGU) of Bugallon, Pangasinan related to its 25-megawatt solar power project in the province.
Laurel to focus on ending rice importation
Newly appointed agriculture secretary Francisco Tiu Laurel Jr. has pledged to focus on reducing rice importation during his tenure — a commitment made Wednesday during the Ugnay Palay: 35th National Rice R4D Conference at the Philippine Rice Research Institute (PhilRice) in Science City of Muñoz, Nueva Ecija.
MPTC defers IPO plans for when parent merger with SMC clears up
Metro Pacific Tollways Corp. has deferred plans for an initial public offering (IPO) this year following talks of merging the expressway business of San Miguel Corp. and its parent firm Metro Pacific Investments Corp.
