power

Ayala’s ACEN eyes add’l 2,000 MW in Australia

Sydney, Australia—ACEN Corp., the listed energy arm of the Ayala group, is looking at expanding…

Psalm raises P100-B from bank loan syndicate

The Power Sector Assets and Liabilities Management Corp. (Psalm) tapped a P100-billion loan from a…

First Gen, Indonesian partner seal joint-venture deal

First Gen Corp. has formed a joint venture with an Indonesian firm to tap 24,000-megawatt…

BIZ BUZZ: Manila Pen makes luxury sustainable

The Peninsula Manila has tapped MPower — the local retail electricity supplier of Manuel V.…

SMIC expands renewables biz with geothermal power

Sy family-led SM Investments Corp. (SMIC) is ramping up its renewables efforts as it eyes…

SMC gets add’l Landbank shares in Meralco

San Miguel Corp., led by tycoon Ramon Ang, has pumped up its position in Manila…

Meralco gets new nuclear deal with South Korean company

Manila Electric Co. (Meralco), led by tycoon Manuel V. Pangilinan, sealed a new deal with…

CostPlus eyes hydrogen fuel cell tech for Philippine market

CostPlus Inc., a provider of clean energy solutions, is set to tap India’s expertise to…

Team Energy relinquishes Pagbilao coal-fired power plant as contract expires

TeaM Energy Corp. has ceased management of the 735-megawatt (MW) Pagbilao coal-fired thermal power plant…

Higher electricity transmission rates coming in August

An increase in transmission rates will reflect in consumers’ power bills this August, with the…