Energy & Mining
Basic Energy to allot P300M for RE project pre-development
Basic Energy Corp. is preparing to invest up to P300 million over the next two to three years to fund pre-development activities for its solar and wind energy projects, according to company president and CEO Oscar De Venecia Jr.
AboitizPower Calatrava solar project secures grid connection,
Aboitiz Power Corp.'s renewable energy arm Aboitiz Renewables Inc., has secured the certificate of approval to connect from the National Grid Corporation of the Philippines (NGCP) for its 137.4 MW Calatrava solar power project in Negros Occidental. This development clears the way for the facility's commercial operation and formal integration into the national grid.
Floating solar industry gets boost with local supply deals
The country's floating solar sector is set for faster development following the signing of supply contracts enabling the local manufacture of critical components, according to the Department of Energy (DOE).
Synergy Grid director quits after appointment as ERC chief
Synergy Grid & Development Phils. Inc., the controlling stakeholder in the National Grid Corporation of the Philippines (NGCP), announced that independent director Atty. Francis Saturnino C. Juan has stepped down from its board following his appointment as the new Chairperson of the Energy Regulatory Commission (ERC).
Meralco intensifies full restoration efforts amid bad weather
Meralco has significantly reduced the number of customers experiencing power interruptions caused by recent inclement weather, thanks to continuous round-the-clock restoration work by its personnel.
