Energy & Mining
NGCP interconnection projects suffer from binding restraints, hopefully temporary
An injunction issued by the Supreme Court has hobbled efforts by the National Grid Corporation of the Philippines (NGCP) to connect the island of Guimaras to Panay via a 138-kilovolt (kV) interconnection line.
ACEN taps undisclosed lender for P20B loan
ACEN Corp. has tapped a bank for P20 billion earmarked for general corporate and for its renewable energy projects but declined to identify the lender.
OPEC+ ministers meet to discuss additional oil output cuts
The OPEC+ alliance was set to hold a set of meetings on Thursday to discuss additional oil production cuts for next year to support the market, three delegates told Reuters.
Pangasinan LGU welcomes Petro Energy’s 25-MW solar farm
Petro Green Energy Corp. (PGEC) subsidiary Petro Energy Resources Corp. (PERC) has secured permits from the local government unit (LGU) of Bugallon, Pangasinan related to its 25-megawatt solar power project in the province.
Meralco seeks bidders for 1,200-MW power supply
The Manila Electric Company (Meralco) has started the competitive selection process (CSP) for 1,200 megawatts (MW) of baseload requirement to ensure uninterrupted supply for...
