Energy & Mining
Meralco eyes joint ventures with electric cooperatives; Batelec II in scope
Manila Electric Co., the country’s largest power distributor, is looking to expand the area it serves and eventually boost earnings by forming joint ventures with electric cooperatives operating near its franchise area.
Alternergy awards construction of wind farms to China companies
Renewable energy developer Alternergy Holdings Corp. has awarded China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI) and its local subsidiary, GEDI Construction Development Corp., the contract to build wind farms in the province of Quezon and Rizal.
Israeli company schedules seismic survey of Palawan for petroleum
The Israeli company Ratio Petroleum Ltd. operating Service Contract 76 at the East Palawan Basin is scheduled to begin a seismic survey this month.
Nickel Asia commits the delivery of over 500 MW in 2025
Listed firm Nickel Asia Corp. (NAC) said its energy generation arm, Emerging Power Inc., is on track to generate more than 500 MW of electricity by next year.
ACEN, Meralco seek adjustments to PSA terms for power delivered in 2022
ACEN Corp. and the Manila Electric Co. (Meralco) have sought Energy Regulatory Commission (ERC) approval for a proposed adjustment in the 310-megawatt baseload and mid-merit contract for power already delivered in 2022.
