Energy & Mining
Citicore targets 5-GW renewable portfolio after milestone
Citicore Renewable Energy Corp. (CREC) is accelerating investments in solar power, battery energy storage systems (BESS) and integrated renewable projects after reaching 1 gigawatt (GW) of installed capacity, setting its sights on a 5-GW portfolio within five years.
AboitizPower sells two power barges to MORE Power
Aboitiz Power Corp. has sold two mothballed power barges to Iloilo-based utility More Electric and Power Corp. (MORE Power), transferring ownership and operational control as the power sector continues to reshape its generation assets.
Benitez seeks emergency powers to fix Visayas power crisis
House Deputy Speaker and Bacolod Rep. Albee Benitez is pushing Congress to grant President Ferdinand Marcos Jr. emergency powers to tackle the Visayas power crisis.
PH to make energy security key ASEAN agenda
The Philippines will use its ASEAN chairmanship to push for stronger regional safeguards against energy supply disruptions and faster cross-border power connectivity as Southeast Asian energy ministers meet in Manila this week.
Visayas power probe pushes transparency, reliability, consumer protection
Therma Visayas told lawmakers that it sources coal from Indonesia and uses the Indonesian Coal Index in its power supply agreements, as a House inquiry into electricity reliability in the Visayas turned attention to both supply security and pricing transparency.
