Energy
ACEN receives feasibility study grant for Australian pumped hydro project
The clean energy company said that if found feasible, the project will start construction in 2025 and should be operational before 2030. The project is a large-scale, long duration renewable energy storage facility meant to support several nearby wind and solar assets.
ERC evaluating several applications to augment NPC’s funds for SPUG
The Energy Regulatory Commission (ERC) has resumed assessing all pending petitions by the National Power Corp. (NPC) to avail of the so-called universal charge...
Korean company coal assets divestment seen completed in H1 2023
South Korea state firm Korea Electric Power Corp. (KEPCO) said Wednesday the second phase of the sale of its non-core energy assets in the Philippines is underway.
ACEN secures $107M financing package from ADB, parallel lenders
ACEN and its partner, the BIM Group, have secured a financing package worth $107 million from the Asian Development Bank (ADB) and parallel lenders...
Volatility of LNG prices to continue this year
The price of liquefied natural gas (LNG) could remain volatile this year, force buyers to limit spot purchases and seek long-term contracts instead, according...
