Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company (Meralco) will be pursuing a rebranding of its 50-megawatt PowerSource First Bulacan Solar Inc. (PFBS) project that is due on commercial stream this year. “Our first solar project, this is the...
Ayala-led AC Energy and Infrastructure Corporation (ACEIC) and its Hongkong-headquartered partner UPC Renewables have engaged three foreign banks for the loans they have secured for the 400-megawatt(ac) first phase of their solar farm installation in New South Wales, Australia. In a statement to...
To force the country into ‘clean energy’ transition, the Department of Energy (DOE) has enforced moratorium on new coal-fired power plant projects. But it’s not time for the clean energy advocates to pop the champagne bottle yet, because the DoE qualified the moratorium will not cover...
Ayala firm AC Energy, along with its partner Hong kong-based UPC Renewables, will be coughing up fresh round of US$36 million investment for the proposed 70-megawatt peak (MWp) Paryapt solar farm expansion project in India. Photo credit: https://www.acenergy.com.ph Through their corporate vehicle...
The Department of Energy (DOE) has been swamped with solar project applications that will yield capacity installations of more than 13,217 megawatts, according to documents culled from the agency. As of June this year, energy department data showed that the array of solar projects proposed by...