Energy
Domestic renewable energy sector enters “bull market cycle”
The Philippine renewable energy industry has entered a “bull market cycle” that could last at least a decade as the country moves away from imported fossil fuel to foster energy security, the president of the soon-to-be-listed Citicore Renewable Energy Corp. said Thursday.
Prime Infra hydro power storage projects secure perks
Prime Infrastructure Capital Inc. on Wednesday said two of its storage projects have received certificates of energy project of national significance (CEPNS) from the Department of Energy (DOE).
Meralco completes repair work in Typhoon Aghon-affected areas
Manila Electric Co., the largest power distribution company in the country, said Wednesday that it fully restored power supply to all areas affected by Typhoon Aghon.
NGCP commits completing HSJ line following SC TRO lifting
The National Grid Corporation of the Philippines (NGCP) on Tuesday announced the resumption of stringing activities at the 500-kilovolt Hermosa-San Jose line with the lifting of a Supreme Court-issued temporary restraining order (TRO).
PSALM trims decades-old obligations to P284 billion
A combination of asset sale proceeds and advanced payment by a debtor has allowed the Power Sector Assets and Liabilities Management (PSALM) Corp. to cut its financial obligations to P283.65 billion as at end-March this year, from its peak of P1.24 trillion in 2003.
