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Basic Energy gets Spanish partner for hydro ventures

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Listed firm Basic Energy Corp. has tied up with a company registered in Spain for the joint development of domestic hydropower projects.

Posted: July 24th, 2014 in Headlines | Read More »

SBPL seeks $800M in credit

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San Buenaventura Power Ltd. Co. (SBPL) is set to borrow some $800 million to finance its development of a 455-megawatt coal-fired power plant in Mauban, Quezon.

Posted: July 14th, 2014 in Headlines | Read More »

Collaborative success of PMFTC Inc. and Meralco drives green agenda and operational cost efficiency

Photo shows Meralco Relationship Manager Robert T. Pereja (middle) and PMFTC Inc. engineers Michael Sotingco (leftmost) and Rollando Chan during an audit of the facilities of the manufacturing giant which has surpassed global target for carbon reduction emission and generated savings to fund socially-relevant projects.

Twelve months after PMFTC transformed its energy-sourcing strategy and collaborated with the Manila Electric Company (Meralco), the manufacturing giant realized optimal savings, driven by a new, cost-efficient and reliable power system. Consequently, PMFTC is able to push forward its sustainability agenda and has made significant strides in reducing its carbon emission.

Posted: July 8th, 2014 in Latest Business Stories | Read More »

Farmers’ group seeks offtake deal with Meralco

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A farmer cooperative is wooing the Manila Electric Co. (Meralco) as offtaker for its proposed 6-megawatt (MW) commercial biogas power plant in Quezon province, which will be completed in 2016.

Posted: July 7th, 2014 in Headlines | Read More »

WWF supports DOE’s higher solar power target

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The World Wide Fund for Nature (WWF-Philippines) has backed the Department of Energy’s (DOE) move to increase solar energy capacity targets, saying this will make power prices cheaper in the long run, contrary to claims of critics such as the Foundation for Economic Freedom (FEF).

Posted: July 7th, 2014 in Headlines | Read More »

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