Businessman Enrique Razon Jr.’s Prime Infrastructure Capital Inc. is investing a combined $7.6 billion in two pumped storage projects that recently received certificates of energy project of national significance (CEPNS) from the Department of Energy (DOE).
The two projects—the 1,400-megawatt (MW) Pakil pumped storage power project in Laguna and the 600-MW Wawa pumped storage power project in Rizal, are designed to meet energy demand by harnessing the potential of renewable...
Aboitiz Power Corp. said Monday it signed a memorandum of understanding to lead a Philippines-Japan consortium that will explore technology development and integrated system...
Power retailer Manila Electric Co. said over the weekend it executed another emergency power supply agreement with Aboitiz-controlled GNPower Dinginin Ltd. for 300 megawatts...
Citicore Renewable Energy Corp. is increasing its solar project pipeline to 5,000 megawatts from 1.5 gigawatts over the next five years, a top executive...
