Energy & Mining

ACEN sells 49% stake in India wind project

ACEN Corp. is bringing in a new partner for an Indian wind project as the Ayala-led renewable energy company continues expanding its footprint in one of Asia’s fastest-growing clean energy markets.

Zamcelco hailed as model for cutting system losses

The National Electrification Administration (NEA) has cited the Zamboanga City Electric Cooperative (Zamcelco) as a successful model for reducing system losses, urging other power cooperatives to follow its example.

Middle East volatility triggers local fuel price hikes after two weeks of rollbacks

The Department of Energy (DOE) confirmed on Monday that fuel prices will rise across the board this week, ending two consecutive weeks of reductions, as global oil markets remain volatile amid developments in the Middle East.

NPC expands fuel storage to shield off-grid areas from supply shocks

The National Power Corp. (NPC) is ramping up fuel storage capacity across its off-grid power facilities to secure energy supply and cut high delivery costs in remote communities nationwide.

CREC profit surge strengthens renewable growth outlook

Citicore Renewable Energy Corp. is gaining financial momentum as stronger margins and a growing project pipeline position the renewable power company for continued expansion.

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