The joint venture of Aboitiz Power Corporation and ACEN Corporation of the Ayala group will be selling electricity to Manila Electric Company (Meralco) for a rate higher by P1.65 per kilowatt hour (kWh) to P5.96 per kWh compared with the cheaper P4.31 per kWh rate of South Premiere Power Corporation
The Securities and Exchange Commission (SEC) has approved the change in the corporate name of the oil and gas investment arm of ACEN Corporation of the Ayala group to “ENEX Energy Corp” from ACE Enexor Inc.
The change in the company’s name had earlier obtained the approval of the board of dire
Leviste-founded Solar Philippines is currently accelerating discussions with prospective off-takers (capacity buyers) of the generated electricity of up to 10,000 megawatts (10 gigawatts) of solar farm installations that the company will be advancing to implementation and construction phases within
The Wholesale Electricity Spot Market (WESM), which serves as the central registration body for the Green Energy Option Program (GEOP), has been registering massive shift of qualified businesses to renewable energy (RE) when it comes to their power supply sourcing. In just a span of one month, K
The recent approval granted by the Energy Regulatory Commission (ERC) on the license for the commercial operations of the 724.965-megawatt GNPower Dinginin (GNPD) thermal generating plant will put power supply on a safer zone during the May 2022 elections as well as for the demand peak on the summer