Energy & Mining
SPUG plant hybridization program seen launched next month
The review of the Accelerated Hybridization Program (AHP) fast-tracking the establishment of renewable energy (RE) sources in off-grid areas is seen soon completed, the National Power Corp. (NPC) said.
Insufficient power generation helps trigger WESM trade suspension
Trades at the Wholesale Electricity Spot Market (WESM) were suspended on Thursday as Luzon and the Visayas were placed under red and yellow alert status.
Regulators charm energy investors with inter-agency efficiency
The Board of Investments (BOI) and the Energy Regulatory Commission (ERC) are working together to resolve investment and other issues that continue to hound energy...
ACEN agrees to raise loan to solar power provider YMP Telecom to P466 million
ACEN Corp., the renewable energy arm of the Ayala Group, said Wednesday it has increased to P466 million the amount it will lend to YMP Telecom Power Inc. to fund its development of certain energy efficiency and renewable power projects.
Japanese firm takes 20% interest in Batangas LNG project
First Gen Corp. subsidiary First Gen LNG Holdings Corp. has taken Tokyo Gas Co. Ltd. as shareholder in a series of transactions that allow the Japanese company to acquire 20 percent of FGEN LNG.
