State-run Philippine National Oil Co. (PNOC) signed a memorandum of understanding (MOU) with Moorfields Capital Pte. Ltd. on Thursday, marking the start of aquavoltaic development in the country.
PNOC president and chief executive Oliver Butalid said the company evaluates projects based on two criteria, specifically its impact at the national level by offering new technology to lower electricity costs and its contribution to societal goals.
Butalid said following identification of the...
Power retailer Manila Electric Co. said Thursday it executed an emergency power supply agreement with Aboitiz Power Corp.-controlled GNPower Dinginin Ltd. for the supply...
The Independent Electricity Market Operator of the Philippines said Wednesday spot market prices went up to P9.12 per kilowatt-hour in the first few days...
The Department of Energy expressed optimism the issuance of clear policies will spur the entry of more investors in the country's energy sector.
"I am...
