ACEN unit gets P5.39B green term loan to fund renewable projects in Australia
September 15, 2022
The Australian subsidiary of Ayala’s listed energy platform ACEN has secured green financing to support projects in Australia.
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Yuchengcos sell down stake in renewable energy unit to Japanese firm
September 15, 2022
Kyuden International Corp. (KIC), a wholly-owned subsidiary of Japan’s Kyushu Electric Power Co. Inc., will acquire a 25 percent interest in Yuchengco-led PetroGreen Energy Corp. (PGEC).
Shell says CEO stepping down at end of 2022
September 15, 2022
British energy giant Shell announced Thursday that chief executive Ben van Beurden will step down at the end of the year to be replaced by renewables director Wael Sawan.
ERC to do own probe on simultaneous outages of power plants
September 14, 2022
The Energy Regulatory Commission (ERC) will conduct its own review of the simultaneous power plant outages and transmission line tripping that prompted the grid operator to put the Luzon grid on red and yellow alerts early this week.
WESM operator warns of higher rates in September
September 14, 2022
The Independent Electricity Market Operator of the Philippines (IEMOP) warned of higher rates in the first ten days of September.
MG revs up Chinese electric car presence in Europe
September 14, 2022
MG presented Tuesday its fourth electric vehicle for the European market as Chinese automakers accelerate efforts to use zero-emission cars to gain ground in the region.
Aboitiz family seeks regulatory nod on 50 MW emergency power supply deal
September 13, 2022
Davao Light and Power Co. of the Aboitiz family has asked the Energy Regulatory Commission (ERC) to approve its emergency power supply agreement (EPSA) with Therma Marine Inc. (TMI) for 50 megawatts of capacity
Meralco to supply electricity needs of edotco Towers to help boost PH’s internet services
September 13, 2022
Manila Electric Company (Meralco) will power the expansion of edotco Towers Inc. to support businesses while helping improve the country’s internet connectivity.
Lotilla to look into cause of forced power outages in Luzon grid
September 13, 2022
Energy Secretary Raphael Lotilla will verify the cause of the forced outages of power plants which prompted the National Grid Corp. of the Philippines to declare red and yellow alerts on Monday.
Danel Aboitiz hauls in P11M Aboitiz Power shares
September 13, 2022
The son of bilyonaryo Enrique “Endika” Aboitiz is bullish on the family’s power unit as he continues to build up his personal holdings.
Walter Brown affiliate energy firms to boost capacity to 800 MW by 2030
September 12, 2022
It is a joint venture between Palm Thermal Consolidated Holdings Corp. (PTCHC), a subsidiary of bilyonaryo Walter Brown’s A Brown Co. Inc. (ABCI), and Jin Navitas Resource Inc. (JNRI).
Baka mag-brownout! NGCP raises red alert over Luzon Sept 12
September 12, 2022
The National Grid Corporation of the Philippines (NGCP) announced that power reserves are insufficient between 1-4 p.m., forcing a red alert warning on the grid.
Aboitiz family plans more battery energy storage projects
September 11, 2022
“We’re looking at putting batteries in our existing facilities,” said Jason Soberano, SNAP vice president and chief business development officer.
Ricky Razon to start Wawa hydro construction in 2023
September 11, 2022
Ahunan Power Inc., owned by Razon’s Prime Infra, has entered into an agreement to acquire a 67 percent stake in renewable energy firm OVWPI.
Tesla looking at building lithium refinery in Texas
September 10, 2022
While the project is only in the feasibility stage, Tesla said the factory on the Gulf coast would be the first of its kind in North America, producing an element critical to the batteries used in the growing EV market.
What’s cooking? GMA invites bilyonaryos to dinner for Popo Lotilla
September 9, 2022
The former President hosted dinner for friends and business leaders at the luxurious Manila House private club in Bonifacio Global City in Taguig.
Jeep’s first electric SUV to arrive in Europe in 2023: CEO
September 9, 2022
“We have very strong DNA — electrification is a means of reinforcing it,” the French director of the US automaker told AFP as the company presented its first electric models to the media.
GM unveils electric SUV aimed at middle class
September 9, 2022
The 2024 Equinox EV, which will be available in fall 2023 has a starting price of $30,000, less than half the average price of EVs now available in the market.
ACEN unit gets P5.39B green term loan to fund renewable projects in Australia
September 15, 2022
The Australian subsidiary of Ayala’s listed energy platform ACEN has secured green financing to support projects in Australia.
Yuchengcos sell down stake in renewable energy unit to Japanese firm
September 15, 2022
Kyuden International Corp. (KIC), a wholly-owned subsidiary of Japan’s Kyushu Electric Power Co. Inc., will acquire a 25 percent interest in Yuchengco-led PetroGreen Energy Corp. (PGEC).
Shell says CEO stepping down at end of 2022
September 15, 2022
British energy giant Shell announced Thursday that chief executive Ben van Beurden will step down at the end of the year to be replaced by renewables director Wael Sawan.
ERC to do own probe on simultaneous outages of power plants
September 14, 2022
The Energy Regulatory Commission (ERC) will conduct its own review of the simultaneous power plant outages and transmission line tripping that prompted the grid operator to put the Luzon grid on red and yellow alerts early this week.
WESM operator warns of higher rates in September
September 14, 2022
The Independent Electricity Market Operator of the Philippines (IEMOP) warned of higher rates in the first ten days of September.
MG revs up Chinese electric car presence in Europe
September 14, 2022
MG presented Tuesday its fourth electric vehicle for the European market as Chinese automakers accelerate efforts to use zero-emission cars to gain ground in the region.
Aboitiz family seeks regulatory nod on 50 MW emergency power supply deal
September 13, 2022
Davao Light and Power Co. of the Aboitiz family has asked the Energy Regulatory Commission (ERC) to approve its emergency power supply agreement (EPSA) with Therma Marine Inc. (TMI) for 50 megawatts of capacity
Meralco to supply electricity needs of edotco Towers to help boost PH’s internet services
September 13, 2022
Manila Electric Company (Meralco) will power the expansion of edotco Towers Inc. to support businesses while helping improve the country’s internet connectivity.
Lotilla to look into cause of forced power outages in Luzon grid
September 13, 2022
Energy Secretary Raphael Lotilla will verify the cause of the forced outages of power plants which prompted the National Grid Corp. of the Philippines to declare red and yellow alerts on Monday.
Danel Aboitiz hauls in P11M Aboitiz Power shares
September 13, 2022
The son of bilyonaryo Enrique “Endika” Aboitiz is bullish on the family’s power unit as he continues to build up his personal holdings.
Walter Brown affiliate energy firms to boost capacity to 800 MW by 2030
September 12, 2022
It is a joint venture between Palm Thermal Consolidated Holdings Corp. (PTCHC), a subsidiary of bilyonaryo Walter Brown’s A Brown Co. Inc. (ABCI), and Jin Navitas Resource Inc. (JNRI).
Baka mag-brownout! NGCP raises red alert over Luzon Sept 12
September 12, 2022
The National Grid Corporation of the Philippines (NGCP) announced that power reserves are insufficient between 1-4 p.m., forcing a red alert warning on the grid.
Aboitiz family plans more battery energy storage projects
September 11, 2022
“We’re looking at putting batteries in our existing facilities,” said Jason Soberano, SNAP vice president and chief business development officer.
Ricky Razon to start Wawa hydro construction in 2023
September 11, 2022
Ahunan Power Inc., owned by Razon’s Prime Infra, has entered into an agreement to acquire a 67 percent stake in renewable energy firm OVWPI.
Tesla looking at building lithium refinery in Texas
September 10, 2022
While the project is only in the feasibility stage, Tesla said the factory on the Gulf coast would be the first of its kind in North America, producing an element critical to the batteries used in the growing EV market.
What’s cooking? GMA invites bilyonaryos to dinner for Popo Lotilla
September 9, 2022
The former President hosted dinner for friends and business leaders at the luxurious Manila House private club in Bonifacio Global City in Taguig.
Jeep’s first electric SUV to arrive in Europe in 2023: CEO
September 9, 2022
“We have very strong DNA — electrification is a means of reinforcing it,” the French director of the US automaker told AFP as the company presented its first electric models to the media.
GM unveils electric SUV aimed at middle class
September 9, 2022
The 2024 Equinox EV, which will be available in fall 2023 has a starting price of $30,000, less than half the average price of EVs now available in the market.
