ACEN Corp. has adopted a comprehensive plan reinforcing its commitment to phase out a 246-megawatt coal-fired power plant in Batangas with clean energy.
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Alternergy Holdings Corp. successfully pursued wind projects sold by the Department of Energy (DOE) under the second iteration of its green energy auction or GEA.
SP New Energy Corp. said Tuesday it bought out Prime Infrastructure Inc. of billionaire Enrique Razon Jr. from its renewable energy joint venture, Terra Solar Philippines Inc.
Manila Electric Co., better known as Meralco, said Monday power rates in December decreased by P0.7961 per kiloWatt-hour due mainly to reductions in generation charges.