Around P1 billion of funding has been approved for providing power supply to public schools that do not have electricity. The Department of Budget and Management (DBM) has released a total of P1.295 billion of special allotment release order (SARO) to the Department of Education (DepEd) to cover...
Leaning on the robust power generating assets of its various subsidiaries, Aboitiz Equity Ventures (AEV) has sustained its lead as the country’s biggest power producer with total installed capacity of 5,745.221 megawatts, according to data released by the Energy Regulatory Commission. Inching...
A group of homeowners and consumers on Monday, March 18 has urged the Senate to approve the granting of a congressional franchise to Negros Electric and Power Corp. (NEPC), reiterating their support for the privatization of electric power distribution. The group, composed of community...
EEI Corporation renewable energy unit EEI Power Corporation (EPC) and partner SysNet Integrators Inc. have inaugurated three ParkNcharge (PNC) electric vehicle (EV) charging stations at office buildings owned by SM Prime Holdings Inc. In a disclosure to the Philippine Stock Exchange (PSE), EEI said...
TORONTO – The Energy Regulatory Commission (ERC) is enthusiastically poring over the structural changes implemented by the Ontario Energy Board (OEB), primarily on regulation frames that are also viable for enforcement in the Philippine power sector. Following a meeting with Ontario Energy Board...
Countryside Investments Holdings Corporation (Countryside), a company wholly owned by Leandro Leviste, is investing over P5 billion to help propel the development of rural Batangas. In a statement, Leviste said this will be done in partnership with his renewable energy firm Solar Philippines Power...
TORONTO – Players in the nuclear industry in Canada are ready to export their technologies as well as technical capabilities to the Philippines once the country decides firmly on the resurgence of its nuclear power ambitions. Ontario Energy Minister Todd Smith conveyed to a recent delegation from...
TACLOBAN CITY – The plan to develop an ocean power project on Capul Island at the San Bernardino Strait in Northern Samar gained momentum with foreign experts on tidal energy arriving next week to conduct an assessment on the progress of the project that seeks to energize the whole-island...
A top management role has pulled in for scion Antonio Miguel B. Alcantara who has been designated Chief Executive Officer (CEO) at Alsons Power of the Alcantara group, following the retirement of Tirso G. Santillan, who is the departing company CEO and Executive Vice President. As announced to the...
Mining and power firm Nickel Asia Corp. of the Zamora family saw a 53 percent drop in audited attributable net income to P3.7 billion last year from P7.9 billion in 2022 as nickel ore prices were lower due to the increase in Indonesian nickel production. In a disclosure to the Philippine...
TORONTO – Investors who are seriously looking at infusing heavy capital for nuclear power projects in the Philippines are decisively assessing concerns on siting as well as certainty of regulatory frameworks being the challenges that could make or break a deal in the resurgence of this...
TORONTO – Heeding key lessons learned from various energy markets, the Department of Energy (DOE) is keen on pushing for ‘premium incentives’ so the government could eventually entice investment-dollars for the country’s nuclear ambitions as reinforcement in the future energy mix. Energy...
