power

Basic Energy to spend P300M for renewables expansion

Basic Energy Corp. (BEC), which is focused on renewable energy and alternative fuels, plans to…

137.4-MW AboitizPower solar park cleared for grid plug-in

Aboitiz Power Corp. has secured the National Grid Corp. of the Philippines’ (NGCP) go signal…

First Gen investing more in geothermal power

First Gen Corp., a Lopez-led renewable energy producer, intends to allocate more capital to its…

Tsuneishi Cebu builds world’s first methanol-powered bulk carrier

Tsuneishi Heavy Industries (Cebu), Inc. (THICI) has built the world’s first dual-fuel methanol-powered Kamsarmax bulk…

S&P hints at credit rating upgrade for Meralco

S&P Global Ratings has raised Manila Electric Co.’s credit rating outlook from “stable” to “positive,”…

First Gen unit secures P15-B loan for Casecnan operations

Fresh River Lakes Corp. (FRLC), owner and operator of the 165-megawatt Casecnan hydroelectric power plant…

DOE eyes new scheme to revive idle Renewable projects

The Philippine government is exploring a new approach to revive terminated renewable energy contracts, as…

Outgoing ERC chief: Ample room to lower power bills

Outgoing Energy Regulatory Commission (ERC) chair Monalisa Dimalanta sees more space to cut power rates…

BIZ BUZZ: Thunder for the CBK win

With a winning P36.266-billion bid, the Aboitiz-led Thunder Consortium is poised to get the “notice…

Big groups eye green power auction

The government has taken another step closer to its goal of accelerating renewables deployment in…