Energy
Fortified NGCP calls for more power sector investments for optimum system benefits
The National Grid Corporation of the Philippines (NGCP) on Tuesday highlighted the need for greater investments in power generation projects, more so now when the transmission grid across the country has interconnected and necessarily strengthened.
Aboitiz Power unit helps stabilize power in Mindanao
Aboitiz Power Corp. subsidiary Therma Marine Inc. (TMI) on Tuesday projected greater stability of power across the Mindanao grid with the ceremonial switch-on of the 49-megawatt hybrid battery energy storage system (BESS) on a floating platform in Maco, Davao de Oro.
Fuel at the pumps rise yet again beginning Tuesday
The price of fuel at the pumps rises yet again at past midnight on Tuesday when retailers Seaoil and Caltex sell its gasoline products P0.40 per liter higher, diesel P0.95 per liter more and kerosene by another P0.85 per liter.
Alternergy’s 100-MW wind unit links up with NGCP
Alternergy Holdings Corp. subsidiary Alternergy Tanay Wind Corp. (ATWC) has signed an interconnection agreement (ICA) with the National Grid Corporation of the Philippines (NGCP) linking its 100-megawatt Tanay wind power project in Rizal Province to the national power line.
CREC secures P20B from RCBC for solar projects
Citicore Renewable Energy Corp. (CREC) has secured funding from the investment banking arm of the Rizal Commercial Banking Corp. (RCBC) for its solar power programs.
