9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
AC Energy wants “stringent” and “reasonable” rules to be implemented in the government’s Green Energy Auction Program (GEAP), so it would attract serious bidders. Based on a BusinessMirror report, AC Energy President
The Securities and Exchange Commission (SEC) and the shareholders of Synergy Grid & Development Philippines have approved an amendment to the firm’s articles of incorporation raising its authorized stock to Php5.3 billion
The government looks to build its own oil reserve in a bid to lessen the country’s dependence on imported oil and thus, exposure to price or supply volatilities. This would be done
Ayala-led AC Energy (ACEN) believes that the implementation of a reserve electricity market would invite more investors in ancillary services (AS) and battery energy storage systems (BESS) in the country. At a
The government is delaying the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) to focus first on the sale of the Casecnan Multi-Purpose Project (CMPP). Based on a report from The
EEI Energy Solutions Corporation, the retail electricity supplier (RES) arm of Yuchengco-led EEI Corporation, is providing power to a mall in Laguna and a cooperative in Batangas. The firm announced that it
AC Energy (ACEN) plans to build a 1,200-megawatt (MW) dual-fuel power plant in Batangas City, which aims to provide the Luzon Grid’s mid-merit and peaking requirements. The project, which would house six
The Department of Energy (DOE) is preparing for the impending shutdown of the Malampaya gas field this October, which is expected to trigger a hike in electricity rates. Given this, the agency
Government-owned PNOC-Exploration Corporation (PNOC-EC) will decide in October on whether to give its consent to the Udenna Group’s purchase of Shell’s 45% stake in the Malampaya gas-to-power project. Based on a Manila
AC Energy (ACEN) is reallocating part of its proceeds from its stock rights offering (SRO) and follow-on offer (FOO) amounting to Php7.07 billion to finance its renewable energy (RE) projects in Pampanga
