LIMA Water, a business unit of Aboitiz InfraCapital (AIC) , has turned to solar technology for the energy requirements of the sewage treatment plant 2 (STP-2) for its water facility that is catering to the needs of LIMA Estate, an economic and industrial zone in Lipa-Malvar, Batangas that is...
The government is enthusiastically eyeing to massively shift gears into electric mobility by mid-century, but the road ahead for the Philippine transport sector is still navigating wobbly terrains on some policies as well as speed bumps on infrastructure development and supply chains, primarily...
The Department of Energy (DOE) is firming up processes on the filing of complaints as well as the schedule of fines and penalties that shall be meted against individuals and entities that will be violating rules prescribed under Republic Act 11245 or the Energy Efficiency and Conservation...
The Energy Regulatory Commission (ERC) is poised to sustain the suspension of the P0.0364 per kilowatt hour (kWh) feed-in-tariff allowance (FIT-All) line item in the electric bills until the end of the year, hence, providing slight relief in the pockets of all ratepayers especially during the high...
The Department of Energy (DOE) has conceded to the plea of many liquefied petroleum gas (LPG) retailers in the country that their applications for license-to-operate (LTO) be continually processed despite an earlier enforcement of a deadline. The DOE had initially set July 7 this year as the...
The Energy Regulatory Commission (ERC) has thumbed down the plea of the National Grid Corporation of the Philippines (NGCP) for amendments in the rules for transmission rate-setting. The regulatory body has rendered that decision based on the petition of the transmission firm that was lodged in...
Listed firm Alternergy Holdings Corporation (Alternergy) logged financial rebound in the current fiscal year with an income of P38 million, effectively reversing a net loss of P145.2 million in a comparable period last year. The company’s cash balance also escalated significantly by 113% to...
The Energy Regulatory Commission (ERC) will be pursuing a ‘comprehensive study’ to assess the impact as well as technical intricacies in the power system if the threshold for retail competition in the restructured electricity sector will be brought down to 100 kilowatts (kW) from currently at...
SP New Energy Corporation (SPNEC) is planning a follow-on offering to raise additional capital as well as to increase its public float specially after this will be further reduced once MGen Renewable Energy Inc. (MGreen) comes in as its new controlling shareholder. In a disclosure to the Philippine...
Norway is open to expanding trade and investment ties with the Philippines particularly in the areas of aquaculture and retail industries while also continuing to develop its partnerships in the renewable energy (RE) and maritime sectors. Norwegian Ambassador to the Philippines Christian Halaas...
Ayala-led energy platform ACEN Corp. has secured P5 billion worth of term loan facility. The loan facility would allow the borrower to request a large disbursement of funds for a term with an agreed schedule for repayment. In a disclosure to the Philippine Stock Exchange, ACEN said the company...
Senator Sherwin Gatchalian has called on the government to hasten the development of transmission facilities for offshore wind (OSW) projects to boost the renewable energy (RE) sector’s contribution to the country’s energy requirements. Gatchalian also said doing so would secure the...
