Energy
ACEN infusing P467.75 million to help Belenos fund renewable energy project
ACEN Corp. said Friday it will subscribe to newly-created shares of Belenos Energy Corp., which will give the listed renewable energy arm of the Ayala Group a 69.58 stake in the target company.
Three more GEA rounds set until next year
The Department of Energy (DOE) said three more Green Energy Auction (GEA) exercises have been scheduled between now and next year.
MSpectrum, Citizen Finedevice switch on Batangas solar rooftop project
MSpectrum Inc., the wholly owned solar subsidiary of the Manila Electric Company (Meralco), has energized the solar rooftop facility of Japanese manufacturer Citizen Finedevice Philippines Corp. in Batangas province.
Repower Energy turns over P241.1 million in royalty fees to Dumagat Tribe
Repower Energy Development Corp., a listed renewable energy company, said it has turned over P241.1 million to the elders of the Dumagat Tribe in Quezon as the indigenous people’s share in the earnings of one of run-of-river power plants within its ancestral lands.
DOE scoffs at report citing PH as among world’s largest coal users
It riles energy officials that the Philippines was reported earlier this month as among countries with coal dependency greater than that of China and Indonesia and ostensibly among the world's largest consumers of the resource.
