Energy & Mining
ACEN pouring P12.86B in fresh capital for various units’ renewable energy projects
ACEN Corp., the listed renewable energy arm of the Ayala Group, said Thursday its board approved several subscription contracts that will pour a total P12.86 billion in fresh investments to a number of wholly-owned subsidiaries mainly pursuing solar and wind farm projects.
First Gen, Prime Infra partners for 15 years in Batangas LNG project
First Gen Corp. and Prime Infrastructure Capital Inc. have executed a 15-year terminal lease agreement involving FGEN LNG’s liquefied natural gas storage and regasification terminal in Batangas City.
NEA adds two more electric cooperatives to the DDCC program
The National Electrification Administration (NEA) looks to add two more electric cooperatives by next year to the Digital Dashboard Command Center (DDCC) program which collects and analyzes data for optimum performance and service delivery in electrical systems.
Villar renewable energy unit launches rooftop solar projects across Luzon
Local renewable energy developer PAVI Green has launched rooftop solar projects in 14 Vista Mall and ALL Home branches across Luzon.
IEA working to cut renewable energy costs in developing world
The International Energy Agency will work to ensure the World Bank, regional development banks and others prioritize the cost of investing in clean energy in developing countries following the COP28 summit last week, its executive director said.
