Energy
Vince Perez unit secures additional wind energy service contract
The Pililla AVPC Corp. (PACO), subsidiary wind energy unit of Alternergy Holdings Corporation led by businessman Vince Perez, has exclusive rights to explore, develop and utilize wind resources in the Tablas Strait separating Oriental Mindoro and Antique.
DOE in awe of UK OSWs turning in profits on generation charge three times lower than Meralco’s, yet remaining viable
It is possible for domestic offshore wind projects (OSWs) to turn a profit and remain viable as a business by seeking significantly lower generation...
Suspended renewable energy tariff collection in place six more months
The Energy Regulatory Commission (ERC) has extended the suspension of the collection of feed-in-tariff allowance (FIT-All) for another six months starting March 2023 until August 2023.
PERC secures P1.8B funding for Aklan wind project expansion
Petro Energy Resources Corp. (PERC) subsidiary, Petro Wind Energy Inc. (PWEI) has taken out a P1.8 billion loan from the Development Bank of the Philippines (DBP) for the construction and development of the 13.2 megawatt MW Nabas-2 power project in Aklan.
Cost savings, price adjustments narrow PXP Energy net loss in 2022
Listed oil explorer PXP Energy Corp. said Thursday its net loss narrowed to P36.1 million in 2022 compared to the previous year when it...
