Sunday, 04 May 2025, 5:06 am

    Energy

    ACEN investing $250M in BrightNight’s India projects

    ACEN Corp. said Monday it has signed a partnership with US-based renewable power company, BrightNight, to develop, construct and operate large-scale hybrid wind-solar and round-the-clock renewable power projects in India. 

    Meralco seeks new EPSA supplier; increases power rates for March

    The Manila Electric Co. (Meralco) has yet to secure a new emergency power supply agreement (EPSA) after the expiry of the 300-megawatt baseload transaction with Aboitiz Power's GN Power Dinginin.

    Higher generation charge push power rates up in March

    The Manila Electric Company (Meralco) on Friday bared an upward adjustment of P0.5453 per kWh in the electricity rate this March, bringing the overall rate for a typical household to P11.4348 per kWh from the previous month’s P10.8895 per kWh.

    Oil explorer optimistic of prospects in Phl

    Malaysia’s Matahio Energy is keen on expanding its operations in Southeast Asia after it acquired a 78.8 percent interest in the Galoc oil field and a floating production storage and offloading (FPSO) unit, both located in Palawan.

    Manila commits to persist on renewable energy path at Tokyo meet

    In seeking out the country’s neighbors at the Asia Zero Emission Community (AZEC) meeting in Tokyo, the Philippines reiterated its commitment to transition to renewable energy sources and persist on this path over time.

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