Energy & Mining
COREPLUS urges Visayas businesses to strengthen energy resilience
Businesses in Cebu and across the Visayas must invest in more resilient power systems as structural grid challenges are expected to persist through 2028, according to COREPLUS, a subsidiary of Vivant Energy.
Eleven power firms eye Meralco bidding for 900-MW supply deal
At least eleven power generation companies have expressed intent to bid for the 900-megawatt supply contract of Manila Electric Company, signaling strong market interest and competitive prospects for the distribution utility’s long-term power requirement.
Ignite Power welcomes SOCOTECO II plebiscite results, vows to modernize power distribution system
Primelectric’s Ignite Power and Energy Holdings Inc. on Monday welcomed the approval of its proposed joint venture with the South Cotabato II Electric Cooperative (SOCOTECO II), vowing to modernize the cooperative’s power distribution system and improve electricity services across its franchise area.
I Squared Capital advances $2B energy, logistics investments
Global infrastructure investor I Squared Capital is advancing a USD2-billion investment program in the Philippines, targeting fuel storage, pipeline development and cold chain logistics as the country seeks to strengthen energy security and improve supply chain resilience.
Vena Energy commits P245.3B to Philippine industrial growth
Singapore-based Vena Energy is advancing P245.3 billion in renewable energy investments in the Philippines, with plans to develop an additional 2.6 gigawatts-peak (GWp) of capacity to meet rising power demand and support industrial expansion.
