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Saturday, April 20, 2024

Alena Mae S. Flores

Basic, Renova to develop 50-MW Mabini wind project

Listed Basic Energy Corp. on Wednesday signed the joint development and shareholder’s agreement (JDSHA) with Japanese renewable energy firm Renova Inc. for the P4.5-billion...

ACEN, Rockefeller Foundation pilot ‘coal to clean’ project

ACEN Corp. and The Rockefeller Foundation said Wednesday the first Coal to Clean Credit Initiative (CCCI) pilot project could avoid up to 19 million...

Floating battery storage in Davao now operational

Aboitiz Power Corp., through its subsidiary Therma Marine Inc. (TMI), recently held the ceremonial switch-on of Southeast Asia’s first 49-megawatt (MW) hybrid battery energy...

ACEN unit signs $150-m green term loan with Sumitomo Mitsui Bank

ACEN Corp. said its subsidiary ACEN Renewables International (ACRI) signed a $150 million green term loan facility with Sumitomo Mitsui Banking Corp. Singapore Branch...

‘No oil price surge amid tensions’

The Department of Energy (DOE) does not expect a spike in domestic fuel prices in the wake of the worsening conflict between Iran and...

CNOOC wins bid to supply LNG cargo to First Gen

First Gen Corp. said Monday it awarded the contract to Chinese supplier CNOOC Gas and Power Trading & Marketing Ltd. (CNOOC) for the supply...

DOE opens new emergency center, mobile energy system

The Department of Energy (DOE) on Monday inaugurated the Energy Sector Emergency Operations Center (ESEOC) and the Mobile Energy System (MES) to address the...

CREC gets P20-b RCBC loan for solar projects

Citicore Renewable Energy Corp. (CREC) said Monday it secured a financing arrangement with Rizal Commercial Banking Corp. (RCBC) for up to P20 billion for...

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