Energy
ACEN to subscribe to 50 million Balenos Energy to fund renewable energy investments
ACEN Corp., the renewable energy arm of the Ayala Group, said Wednesday it will subscribe to 50 million new shares of Belenos Energy Corp., a special purpose vehicle for development projects in the Philippines.
Meralco secures 15-year, 400-MW supply deal from GNPower
The Manila Electric Co., the country’s largest power distributor, on Tuesday said it has awarded the supply contract for its 400-megawatt mid-merit requirement to GNPower Dinginin Ltd. Co.
DOE monitoring fuel retailer compliance to higher biodiesel blend
The Department of Energy (DOE) on Tuesday committed to strictly monitor retailer compliance to higher coco methyl ester (CME) blend of 3 percent (B3) on all diesel products sold in the country.
EJAP, Aboitiz Power to hold first RE forum
The Economic Journalists Association of the Philippines (EJAP), the country’s premier organization of business journalists, in partnership with Aboitiz Power Corp., will hold its...
Ambitious renewables target, rapid growth in energy demand makes PH ideal infrastructure investment market – CEMII
The Philippines had been identified by the Coalition for Emerging Market Infrastructure Investment (CEMII) as initial focus market for infrastructure investment across Indo-Pacific Economic Framework (IPEF) economies, the Department of Energy (DOE) said on Monday.
