Philippines

SPNEC names new chief risk officer

SPNEC names new chief risk officer

Rochel Donato Gloria held various posts in other power companies.

ACEN unit inks $100m loan for renewable energy projects

This will focus on projects outside of Manila.

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.

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 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.