Listed power distributor Manila Electric Co. said Monday that San Miguel Global Power has submitted on Friday a notice of termination of the 2021 power supply deal covering 1,800 megawatts.
The Department of Energy (DOE) looks to attract as much as 11,610 megawatts (MW) in renewable energy at the second Green Energy Auction (GEA) that will be conducted in June.
Renewable energy developer Alternergy Holdings Corp. is considering the sale green bonds as a separate transaction and on top of its initial public offering (IPO) this month.
The Department of Energy (DOE) is seeking legal guidance from the Office of the Solicitor General (OSG) after the Supreme Court (SC) ruled as unconstitutional the agreement on joint marine seismic undertaking (JMSU) in the West Philippine Sea.
Vivant Corp. said its income last year fell 10 percent to P1.6 billion from the previous year’s P1.77 billion even though its power business continued to drive the company’s profits.