Energy & Mining

Meralco rates likely ease in August

The Manila Electric Co. (Meralco) on Thursday said the cost of electricity at its franchise area will likely fall in August due to lower prices at the Wholesale Electricity Spot Market (WESM).

Nickel Asia board approves P3.06 billion short-term loan to renewable energy unit

Nickel Asia Corp., a diversified resource development company led by the Zamora Group, said Wednesday its board approved a short-term loan to its renewable energy subsidiary, Emerging Power Inc.

ACEN affiliate proposes building 150 MW battery project in Rizal

Ingrid Power Holdings Inc. (IPHI) proposes building a 150-megawatt battery energy storage system (BESS) in Pililla, Rizal costing P6.88 billion, according to documents at the Department of Environment and Natural Resources (DENR).

Ayala energy unit supplies RCBC Plaza 100% clean energy

ACEN Corp. subsidiary ACEN Renewable Energy Solutions (RES) had been tapped to supply the RCBC Plaza in Makati with 100 percent clean energy.

Meralco affiliate keen on adding 600 MW to its Singapore power plant

The Pacific Light Power Pte Ltd (PLP), a Manila Electric Co. (Meralco) affiliate company, is interested in putting up a 600-megawatt natural gas-fired power facility in Singapore.

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