Energy & Mining

Regulators charm energy investors with inter-agency efficiency

The Board of Investments (BOI) and the Energy Regulatory Commission (ERC) are working together to resolve investment and other issues that continue to hound energy...

ACEN agrees to raise loan to solar power provider YMP Telecom to P466 million

ACEN Corp., the renewable energy arm of the Ayala Group, said Wednesday it has increased to P466 million the amount it will lend to YMP Telecom Power Inc. to fund its development of certain energy efficiency and renewable power projects.

Japanese firm takes 20% interest in Batangas LNG project

First Gen Corp. subsidiary First Gen LNG Holdings Corp. has taken Tokyo Gas Co. Ltd. as shareholder in a series of transactions that allow the Japanese company to acquire 20 percent of FGEN LNG.

Meralco energizes P450 million substation to meet demand in Batangas City

Manila Electric Co. said Tuesday it recently energized a new, P450-million substation in Batangas City to meet the growing demand for power and help accelerate economic development in the bustling port city.

Luzon, Visayas under yellow alert another time Monday

Luzon and the Visayas on Monday were placed under yellow alert beginning 8 a.m. as 46 power plants were on forced outage or compelled to de-rate, resulting to capacity loss of 2,594.2 megawatts.

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