Energy
ACEN unit in deal to acquire 165.6MW Texas wind farm
ACEN Corp., the renewable energy arm of the Ayala Group, said Monday its subsidiary ACEN International Inc. will acquire and invest in Hackberry Wind Project, a 165.6-megaWatt wind farm in Texas, USA.
WESM power rates surge 25 percent in April
The price of electricity at the Wholesale Electricity Spot Market (WESM) in April increased has increased, based on initial estimates made by the Independent Electricity Market Operator of the Philippines (IEMOP).
Meralco rates likely adjust higher in May
The Manila Electric Co. (Meralco) on Thursday dropped hints of another upward adjustment in the cost of electricity within its franchise area.
China, Singapore pursuing wind power project in Laguna
China's leading wind turbine manufacturer Goldwind and Singapore-headquartered The Blue Circle (TBC) are to pursue the development of the 100.8-megawatt Kalayaan 2 wind project in Laguna.
Alternergy board green lights P4-billion loan bid from undisclosed lenders
The board of directors at Alternergy Holdings Corp. has approved its bid to secure up to P4 billion worth of loans from lenders to support the construction of the company’s new renewable power projects this year.
