Energy & Mining
Power firm bares P20B renewable energy projects over 5 years
Renewable energy developer Alternergy Holdings Corp. is prepared to spend up to P20 billion over the next three to five years and install 350 megawatts (MW) worth of new energy projects.
Nickel Asia in deal to secure P2B loan for solar farm project
Nickel Asia Corp. said Tuesday its board approved its entry into a surety deal with Security Bank Corp. to secure an additional P2.0 billion...
Advisors broach WESM price cap removal to Malacañang
The Energy Regulatory Commission (ERC) on Monday bared the likelihood of lifting the so-called secondary price cap at the Wholesale Electricity Spot Market (WESM), the idea having been already presented to President Ferdinand Marcos Jr. in meeting with the Private Sector Advisory Council (PSAC) last week.
Vis-Min grid interconnection nearly done
The Mindanao-Visayas interconnection project (MVIP) is 80 percent complete and can already transport power between the island groups, according to the Department of Energy (DOE).
ACEN investing $250M in BrightNight’s India projects
ACEN Corp. said Monday it has signed a partnership with US-based renewable power company, BrightNight, to develop, construct and operate large-scale hybrid wind-solar and round-the-clock renewable power projects in India.
