Energy & Mining

NEA granted far more loans than it projected over 11 months this year

The National Electrification Administration (NEA) extended loans to various electric cooperatives (ECs) which funded their capital expenditure programs.

Alternergy Holdings signs agreements to push Tanay, Alabant wind projects

Alternergy Holdings Corp. said Wednesday it has signed two agreements for the development of wind farm projects in the provinces of Rizal and Quezon, which are expected to generate a maximum 164 megaWatts for the Luzon grid.

Aklan wind power project secures BOI incentives

PetroEnergy Resources Corp. (PERC) subsidiary PetroWind Energy Inc. (PWEI) has secured fiscal incentives from the Board of Investments (BOI) for its 13.2-megawatt (MW) Nabas-2...

Meralco charges in December seen easing

An official of the Manila Electric Co. (Meralco) on Tuesday said the generation charge customers in December will likely ease, ahead of the distribution...

ACEN inks deal for pioneering coal-to-clean energy initiative

ACEN Corp., the listed energy platform of the Ayala Group, said Tuesday it has partnered with The Rockefeller Foundation’s Coal to Clean Credit Initiative and the Monetary Authority of Singapore to explore a major step towards accelerating the phase out of coal plants in line with the Paris Agreement.

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