Energy & Mining

Cost of electricity shows signs of easing

The price of electricity at the Wholesale Electricity Spot Market (WESM) in June fell 20 percent in Luzon and the Visayas on the back...

Infrawatch asks Congress to reject electric cooperative’s franchise renewal bid

Activist think tank Infrawatch PH has stood up and opposed the congressional franchise renewal of the First Laguna Electric Cooperative (FLECO) citing poor service...

ACEN to acquire major stake in solar farm developer

ACEN Corp., the energy arm of the Ayala Group, said Thursday it will acquire 199.9 million redeemable preferred shares of Sinocalan Solar Power Corp. ACEN...

NGCP vows within-year completion of MVIP project

The National Grid Corporation of the Philippines (NGCP) on Wednesday gave assurance the 450 megawatt (MW) Mindanao-Visayas interconnection project (MVIP) will be completed within...

REDC secures DOE clearance for development of 200-megawatt Quezon wind farm

Repower Energy Development Corporation (“REDC”), a subsidiary of Pure Energy Holdings Corporation, is pursuing a 200-megawatt wind farm in Quezon. This covers two wind energy...

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