ERC sets GEAR prices under GEAP
- May 30, 2022
The Energy Regulatory Commission (ERC) has announced the Green Energy Auction Reserve (GEAR) prices under the first round of the Green Energy Auction Program (GEAP). For solar, the price has been set
The Energy Regulatory Commission (ERC) has announced the Green Energy Auction Reserve (GEAR) prices under the first round of the Green Energy Auction Program (GEAP). For solar, the price has been set
Lopez-led First Gen Corporation is looking at the opportunity to convert its gas-fired power plants into hydrogen-equipped facilities as part of its decarbonization strategies. Hydrogen is seen as a cleaner energy option
Lopez-led First Gen Corporation is looking for tenders from international liquefied natural gas (LNG) suppliers for its requirements from 2023 to 2027. In a Manila Bulletin report, First Gen EVP and chief
Yuchengco-led PetroEnergy Resources Corporation (PERC) registered a consolidated net income of Php253 million for the first quarter of 2022, a 48% jump from last year’s Php 170 million. PERC said that the
Petron Corporation looks to complete its 184-megawatt (MW) power plant inside its 180,000 barrel-per-day refinery in Limay, Bataan by the second half of the year, in line with its refinery efficiency program.
Lopez-led First Gen Corporation has allotted a capital expenditure (capex) of $550 million (around Php29 billion for this year, with a bulk going to the expansion projects to its renewable energy (RE)
The Philippine Stock Exchange (PSE) has approved the initial public offering (IPO) application of Raslag Corporation, which will be listed under the symbol ASLAG on June 6. The Pampanga-based solar power producer
Citicore Energy REIT Corporation’s (CREIT) net income for the first quarter of 2022 soared to Php300 million, over ten times the Php24 million posted in the same period last year. The jump
Lopez-led First Gen Corporation recorded a recurring net income of Php3 billion ($59 million) in the first quarter of 2022, a 25.1% decline from the Php3.8 billion ($78 million) posted in the
The Manila Electric Company (MERALCO) has begun negotiations with Terra Solar Philippines for the supply of 850 megawatts (MW) of renewable energy (RE) supply after the second round of the competitive selection