power

BIZ BUZZ: MVP awaits RSA move

Billionaire Manuel V. Pangilinan is weighing his next move as tycoon Ramon S. Ang gets…

Meralco on track to hit P50-B core earnings goal

Manila Electric Co. (Meralco), led by billionaire Manuel V. Pangilinan, remains on track to achieve…

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…