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ACEN units get P12.87 billion funding for RE projects

ACEN units get P12.87 billion funding for RE projects
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

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ACEN raises investments in solar, wind projects

Danessa Rivera - The Philippine StarDecember 30, 2021 | 12:00am MANILA, Philippines ACEN Corp., the power platform of the Ayala group, is raising its investments by P7 billion each in two subsidiaries which are developing solar and wind projects. In separate disclosures to the Philippine Stock Exchange yesterday, ACEN said it signed subscription agreements with Santa Cruz ....

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Power contract bidder should've had no chance at all; consumer group explains why

(JANSEN ROMERO / MANILA BULLETIN)
Thus, said Alyansa ng mga Grupong Haligi ng Agham at Teknolohiya para sa Mamamayan (Agham) President Angelo B. Palmones Wednesday, Feb. 17, as he presented details about the power contract hopeful’s background.
The consumer group noted that in October 2020, the Department of Energy (DOE) issued a moratorium on endorsing greenfield or new coal-fired power plant projects notwithstanding committed projects and expansion projects.
“Our group stresses that the Kingstone project is actually covered by the DOE moratorium against coal power plants. Thus, they are outrightly disqualified,” Palmones said.
He also claimed Kingstone, which is bidding to supply 1,200 MW under the Meralco deal, is a Hong Kong-based company. The former congressman further said that Kingstone was solely represented by a law firm during the competitive selection process (CSP) for the power supply deal. ....

Angelob Palmones , Grupong Haligi , Mamamayan Agham , Manila Electric Company Meralco , Department Of Energy , Kingstone Energy , Ac Energy , Cruz Solar Energy , Manila Electric Company , President Angelo , Hong Kong Based , Solar Philippines Central Luzon , துறை ஆஃப் ஆற்றல் , கிண்ஸ்டோனே ஆற்றல் , குரூஸ் சூரிய ஆற்றல் , மணிலா மின்சார நிறுவனம் , ப்ரெஸிடெஂட் ஏஞ்சலோ , ஹாங் காங் அடிப்படையிலானது , சூரிய பிலிப்பைன்ஸ் மைய லூஸாந் ,

'Stand down', failed bidders of Meralco 1,800-MW supply deal told

A consumer advocate group has told disqualified bidders from the Manila Electric Company's (Meralco) 1,800-megawatt (MW) supply deal to "stand down" and let the competitive selection process (CSP) move forward. ....

Angelo Palmones , Manila Electric Company Meralco , Kingstone Energy , Ac Energy , Cruz Solar Energy , Manila Electric Company , Grupong Haiti , Teknolohiya Para , Solar Philippines Central Luzon , கிண்ஸ்டோனே ஆற்றல் , குரூஸ் சூரிய ஆற்றல் , மணிலா மின்சார நிறுவனம் , சூரிய பிலிப்பைன்ஸ் மைய லூஸாந் ,