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Tuesday, September 10, 2024

Energy

Meralco unit seeks exemption of 1,200-MW plant from coal ban

Meralco PowerGen Corp. (MGen), the power generating unit of Manila Electric Co., is seeking a certificate of exemption from the Department of Energy (DOE) for the 1,200-megawatt (MW) Atimonan One Energy Inc. (AIE) from the coal ban. “Initially, Atimonan was coal, and we tried to repurpose it as gas, right? But it’s in the committed list. So, it’s outside of the moratorium. We have the ECC for 1,200-megawatt ultra...

Climate Capital investing up to $10m in Upgrade Energy

Singapore-based fund manager Clime Capital announced an investment through the South East...

World’s largest hybrid solar site in Luzon nearly finished

Solar Philippines New Energy Corp. (SPNEC), now controlled by Meralo PowerGen Corp.,...

UK fund manager investing $600 million for 40% stake in SPNEC unit

UK fund manager Actis Capital is taking a 40-percent stake in Terra...

PNOC seeks consultant to study Batangas wind port

State-run Philippine National Oil Co. (PNOC) is rebidding the study and design...

DOE eyeing 31 ports to support offshore wind power projects in PH

The Department of Energy (DOE) is considering 31 ports to support the...

Meralco unit seeks exemption of 1,200-MW plant from coal ban

Meralco PowerGen Corp. (MGen), the power generating unit of Manila Electric Co., is seeking a certificate of exemption from the Department of Energy (DOE) for the 1,200-megawatt (MW) Atimonan One Energy Inc. (AIE) from the coal ban. “Initially, Atimonan was coal, and we tried to repurpose it as gas, right? But it’s in the committed list. So, it’s outside of the moratorium. We have the ECC for 1,200-megawatt ultra...

Climate Capital investing up to $10m in Upgrade Energy

Singapore-based fund manager Clime Capital announced an investment through the South East...

World’s largest hybrid solar site in Luzon nearly finished

Solar Philippines New Energy Corp. (SPNEC), now controlled by Meralo PowerGen Corp.,...

UK fund manager investing $600 million for 40% stake in SPNEC unit

UK fund manager Actis Capital is taking a 40-percent stake in Terra...

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Power prices at spot market fell in August

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Meralco restoring power in areas affected by ‘Enteng’

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