Energy & Mining
Bangsamoro signs agreement boosting renewable energy development
The Department of Energy (DOE) and the Ministry of Environment, Natural Resources, and Energy (MENRE) of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) have signed a transition agreement aimed at advancing the region's renewable energy (RE) agenda.
ACEN acquires stake in BIM Energy, expands renewable projects in Vietnam
ACEN Corp. said on Wednesday that subsidiary ACEN Vietnam Investments Pte. Ltd. (ACEV) has an agreement with Huntington Renewable Investments Ltd. to acquire a 49 percent stake in BIM Energy Holding Corp. (BIMEH), a move aimed at bolstering its renewable energy portfolio in Vietnam.
Meralco affiliate eyes expansion with new natural gas power plant in Singapore
Meralco affiliate MGEN Gas Energy Holdings Inc. (MNatural Gas) is optimistic about winning a contract to build a new 600 megawatt (MW) natural gas-fired power plant in Singapore.
NGCP energizes Cebu-Bohol link to boost grid stability
The National Grid Corporation of the Philippines (NGCP) has successfully energized the 230-kilovolt (kV) Cebu-Bohol Interconnection Project (CBIP), marking a significant milestone in improving the resilience of the Bohol grid and enhancing the operational flexibility of the Cebu transmission system.
Meralco hits 8 million customer milestone, boosts sales forecast for 2024
The Manila Electric Company (Meralco) marked a significant achievement in October 2024, surpassing 8 million customers for the first time in its history.
