Energy & Mining

NGCP energizes Mindanao-Visayas interconnection line

The National Grid Corporation of the Philippines (NGCP) successfully energized the P52 billion Mindanao-Visayas interconnection project (MVIP) with an initial load of 22.5 megawatts...

Volatile prices, weak export pull SMPC profit P9-B lower

Semirara Mining and Power Corp., a listed integrated energy company, (SMPC) on Wednesday reported first-quarter net profit dropping 40 percent to P9 billion, hurt...

SMPC exploring alternative revenue streams

Semirara Mining and Power Corp. (SMPC) is keen on further expanding its power generation business, including a possible investment in liquefied natural gas (LNG). “As...

Australia ACEN subsidiary secures long-term solar energy pacts

ACEN Corp. said its subsidiary, ACEN Australia, has secured 20-year long-term energy service agreements (LTESAs) for two of its solar projects at the New...

ACEN subsidiary keen on developing 1,100 MW gas-fired power plant

ACEN Corp. said that its subsidiary, ENEX Energy Corp., is keen on developing a 1,100 megawatt (MW) gas-fired power plant in Batangas. But ACEN emphasized...

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