Energy & Mining
Vivant Energy acquires developerof 200 MW Samar wind farm
Vivant Energy Corp. (VEC) has fully acquired Samar Philippines Renewable Corp. (SPRC) from Envision Energy Philippines Corp. through its renewable energy arm, Vivant Renewable Energy Corp. While the financial terms were not disclosed, SPRC is the developer of a 200-megawatt wind farm located across four municipalities in Northern Samar.
DOE shifts focus beyond megawatt expansion
The Department of Energy (DOE) is reframing the Philippines’ energy transition, shifting the focus away from sheer capacity expansion toward smarter, higher-impact renewable energy...
DTI urged to tighten steel safety standards
Industry leaders are pressing the Department of Trade and Industry (DTI) to urgently enforce updated standards for reinforcing steel and consider phasing out induction furnace (IF)-produced materials, citing continuing concerns over structural safety and earthquake resilience in Philippine infrastructure.
SGV advised on $406-M ASEAN solar deal
SyCip, Gorres, Velayo & Co. (SGV) has advised on a USD406-million renewable energy partnership between Philippine developer SunAsia Energy Inc. and Vietnam-based VinEnergo, a transaction that highlights rising cross-border investment flows into the country’s clean energy sector.
Meralco launches bidding for 600 MW baseload power supply
The Manila Electric Company (Meralco) has kicked off the Competitive Selection Process (CSP) to secure 600 megawatts (MW) of baseload capacity, aiming to guarantee sufficient and reliable power supply for its customers. The move follows the Department of Energy’s (DOE) issuance of a Certificate of Conformity after more than a year of review, and forms part of Meralco’s latest DOE-approved Power Supply Procurement Plan.
