Electricity Generating Public Co. (EGCO), a Thai energy company, has secured a 15-year power supply agreement (PSA) of 400 megawatts (MW) for its coal-fired Quezon Power plant in Mauban, Quezon.
The Energy Regulatory Commission (ERC) has renewed close coordination with the Securities and Exchange Commission (SEC) in boosting power generation company (genco) compliance to mandatory listing rules that at the moment seems to have been loosely observed.
Pentagreen Capital and British International Investment (BII) have teamed up in a joint USD80 million financing initiative aimed at accelerating the rollout of utility-scale solar and battery storage projects across Southeast Asia, with a focus on the Philippines.
Meralco retail electricity supply arm MPower has renewed its power supply agreement with the Araneta Group, marking the continuation of an 11-year partnership with ACI Inc.
Renewable power pioneer Alternergy Holdings Corp., through its wind subsidiary Alternergy Wind Holdings Corp. (AWHC), has won an onshore wind power contract in Albay that further cements its position as a leader in the Philippine renewable energy sector.