Philippines
SPNEC names new chief risk officer
SPNEC names new chief risk officer
Rochel Donato Gloria held various posts in other power companies.
CREIT declares Q2 cash dividends
Thanks to stable earnings.
ACEN unit inks $100m loan for renewable energy projects
This will focus on projects outside of Manila.
PH breaks ground for Tantangan Solar Project in Mindanao
Phase 1 will be completed by 2026.
Alternergy explores wind power potential in Albay
The company has three years to complete the study.
First Gen’s recurring net income flat in H1
Its business units showed mixed results.
Repower Energy logs 58% increase in H1 earnings
Its clean power generation jumped 29%.
Aboitiz Power’s net income down 25% in H1
Depreciation and interest expenses for GNPower Dinginin affected core earnings in H1.
CREC secures PHP 4.4b financing for 125 MW solar project in PH
This is one of the company’s priority projects for its five-year goal.
PH approves facilities study for Buhawind’s 2,000 MW offshore wind project
The company has also started efforts to form a skilled offshore wind workforce.
PH gov’t orders immediate restoration of plants in Visayas and Mindanao
Nearly 1 GW are on forced outage.
PH inaugurates 22 MW Tanawon Geothermal Plant
The facility contributes to the country’s 2030 clean energy goal.
PetroEnergy unit to start commercial ops of 19.6 MWDC solar plant in PH
This is its second utility-scale solar facility to reach this stage this year.
Meralco’s core income increases 10% in H1
The distribution utility accounted for more than half of the profit.
Alternergy bags $24.5m assistance for Tanay wind project
This brings the project’s total funding to nearly PHP 5b.
Alternergy open to official review of PHP 1.45b-deal with gov’t insurance agency
The company is conficent that all its actions followed highest standards.
Greenergy unit secures $1.05m loan for expansion
This will also fund operations.
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