Vivant Corporation reported that its subsidiary Vivant Energy Corporation and Vena Energy have welcomed AboitizPower (AP), through its subsidiary Aboitiz Renewables Inc. (ARI), into a partnership that will develop, construct and operate a 200-megawatt (MW) wind power plant in Samar. In a disclosure...
The government will be courting foreign and local private investors that will inject up to P500 billion worth of capital outlay for the planned Smart Green and Grid System (SGGS) or the parallel grid that will underpin massive investments in the country’s emerging offshore wind industry. In a...
Solar Tanauan Corp.’s solar power plants are set to be Batangas and Cavite’s new renewable energy source. The solar plants of Tanauan, Batangas, and Maragondon, Cavite are expected to hold a gross capacity of 140 megawatts. It was estimated that 84,000 households will be powered by...
Razon-led MORE Electric and Power Corporation is expanding the base of its customers that have been availing of refund for their bill deposits, in compliance with the mandate of the Energy Regulatory Commission. In a statement to the media, MORE Power indicated that at least 175 customers already...
Alcantara-led Alsons Power Group will be constructing a 95.5-megawatt baseload power facility that will cater to the back-up energy needs of Bohol province; and will prospectively end its lingering dilemma of electricity service interruptions especially when extreme weather events would hit. The...
The Philippine Stock Exchange (PSE) is removing Metro Pacific Investments Corporation (MPIC) and Aboitiz Power Corporation (AboitizPower) from its benchmark index and replacing them with Bloombery Resorts Corporation and Century Pacific Food Inc. In a memorandum posted on the PSE website, PSE...
Government-run National Irrigation Administration (NIA) and SN Aboitiz Power (SNAP group had sealed a memorandum of understanding (MOU) that will explore ‘water management’ component of the Alimit hydro project – primarily those that go beyond electricity generation, such as irrigation and...
LAOAG CITY, Ilocos Norte – The Ilocos Norte Electric Cooperative (INEC) announced a reduction in the power rate for residential customers in this province this month. In an advisory, INEC said the residential power rate is down to P11.5517 per kilowatt hour (kWh) inclusive of Value-Added...
ILOILO CITY – Routes for electronic buses or E-buses that are a joint project of two major companies were launched in this city as part of modernizing and promoting environmentally-friendly transportation. ONE of the 10 units of the SM Iloilo Electric Bus, a joint project between MORE Power and...
The Department of Energy (DOE) is eyeing to tap technical assistance from either the United States Agency for International Development (USAID) or the United Nations Development Programme (UNDP) for targeted new survey on ‘social acceptance’ for nuclear power as an option in the Philippine...
Lopez-led First Gen Corporation will be supplying additional 20 megawatts of renewable energy-based capacity to Central Negros Electric Cooperative (CENECO), one of the biggest power distribution utilities in the Visayas region. In a statement to the media, First Gen noted that the supply of...
The Department of Energy (DOE) will be issuing policy guidelines that will lay down the framework of incentives for targeted hydrogen-anchored investments in the country. According to Atty Patrick T. Aquino, director of the DOE’s Energy Utilization Management Bureau (EUMB), the draft guidelines...
