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Philippines
Tuesday, December 24, 2024

Alena Mae S. Flores

RE certificate trading to begin on Dec. 26 with market launch

The Department of Energy (DOE) said the trading of renewable energy certificates (RECs) will start on Dec. 26, 2024, marking the full commercial operation...

Yuchengco unit energizes new solar plant in Nueva Ecija

The Yuchengco Group said Monday it energized the 19.6-megawatt-peak San Jose solar power plant in Nueva Ecija, which started exporting power to the Luzon...

SNAP taps China firm to build BESS facility

SN Aboitiz Power Group (SNAP), a joint venture between Norwegian firm Scatec and Aboitiz Power Corp., signed construction agreements for the expansion of its...

Fuel prices up by P1.45/liter on Christmas Eve

Consumers can expect higher pump prices on Christmas Eve as the country’s oil firms implemented an oil price hike of as much as P1.45...

ACEN expects capex to reach P70b in 2025

Ayala Corp.’s power generation arm ACEN Corp. expects its capital expenditure to reach P70 billion in 2025, a top executive said over the weekend. “We...

Christmas oil price hike looms amid international supply jitters

The Department of Energy (DOE)  expects local pump prices to increase by as much as P1.40 per liter on Christmas Eve. On Friday, DOE Oil...

Meralco’s power sales grew 6.6% in 11 months

Power retailer Manila Electric Co. (Meralco) reported a 6.6-percent increase in its power sales from January to November to 49,953 gigawatt-hours (GWh) from 46,866...

Alternergy gets more funds for wind project

Alternergy Tanay Wind Corp. (ATWC) said Friday it received the second tranche of funding from project lenders Bank of the Philippine Islands (BPI) and...

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