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Wednesday, September 25, 2024

Energy

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s approval for its power supply agreements (PSA) with San Miguel Corp.’s hydro arm San Roque Hydropower Inc. (SRHI) and ACEN Corp. unit Gigasol3 Inc. which it said would result in nearly P5 billion in savings to consumers. SRHI and Gigasol3 were declared the winning bidders during Meralco’s competitive selection process held early this year for the supply of...

SMC power unit planning to offer $100m in senior perpetual shares

The power arm of San Miguel Corp. said Tuesday its board approved...

Developers seek ‘correct’ price signals for next green energy auctions

Renewable energy developers asked the government to come out with the “correct...

Petron raises P16.8b from share sale on strong investor demand

Oil refiner Petron Corp. said Monday it raised P16.83 billion from its...

Alsons planning to launch ‘large-scale’ solar farm

Alsons Consolidated Resources of the Alcantara family will launch this year its...

PH asked to declare net zero commitment

The Net Zero Carbon Alliance (NZCA), a private sector-backed organization, asked the...

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s approval for its power supply agreements (PSA) with San Miguel Corp.’s hydro arm San Roque Hydropower Inc. (SRHI) and ACEN Corp. unit Gigasol3 Inc. which it said would result in nearly P5 billion in savings to consumers. SRHI and Gigasol3 were declared the winning bidders during Meralco’s competitive selection process held early this year for the supply of...

SMC power unit planning to offer $100m in senior perpetual shares

The power arm of San Miguel Corp. said Tuesday its board approved...

Developers seek ‘correct’ price signals for next green energy auctions

Renewable energy developers asked the government to come out with the “correct...

Petron raises P16.8b from share sale on strong investor demand

Oil refiner Petron Corp. said Monday it raised P16.83 billion from its...

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ERC set to release guidelines on power supply deals

The Energy Regulatory Commission (ERC) assured power stakeholders it will release the final guidelines on the competitive selection process (CSP) for power supply agreements...

Meralco, US nuclear firm start initial study on use of micro modular reactors

Power retailer Manila Electric Co. (Meralco) initiated a pre-feasibility study with US nuclear firm Ultra Safe Nuclear Corp. for micro modular reactors, a top...

DOE, NGCP preparing green grid plan

The Department of Energy (DOE) said Monday that together with the National Grid Corp. of the Philippines (NGCP), it is completing the smart and...

ACEN plans to triple clean power investments in Australia in 3 years

ACEN Corp. plans to increase its renewable energy investments in Australia to Au$6 billion in three years for an additional 3 gigawatts (GW) of...

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