Tag: Investree Philippines

ACEN Corp.’s retail arm ACEN RES will supply 100 percent renewable energy—from solar, wind, and geothermal sources—to ACS Manufacturing’s two key Laguna facilities.

Philippine Business for Social Progress (PBSP) has added IBM Philippines Country General Manager and Technology Leader Leo L. Capinpin and Vivant Corp. President Emil Andre M. Garcia to its board of trustees, bringing technology and infrastructure experience to the business-led social development group.

The Power for People Coalition (P4P) urges the Energy Regulatory Commission to suspend Wholesale Electricity Spot Market operations in Visayas and Mindanao until supply stabilizes, to shield consumers from record spot rates—P18.59/kWh and P19.56/kWh respectively—announced this week.

The Energy Regulatory Commission (ERC) has issued revised, more practical Grid Compliance Test (GCT) requirements for older power plants, offering a clear path for these facilities to prove they can operate safely and reliably within the national power grid. The new policy, announced Thursday, applies to legacy plants—those that began commercial operations before the Electric Power Industry Reform Act of 2001 was enacted.