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First Gen starts work on $1.26B worth of gas, hydro facilities

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First Gen Corp. has started preliminary work to prepare for the construction of $1.26 billion (roughly P51.7 billion) worth of natural gas facilities and hydropower plants.

Posted: May 6th, 2013 in Latest Business Stories | Read More »

K-Water inches closer to bagging Angat plant deal

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Korea Water Resources Corp. (K-Water), the leading water resources and power firm in South Korea, on Thursday signified its agreement to the water protocol governing the operations of the 246-megawatt Angat hydropower plant in Bulacan.

Posted: April 19th, 2013 in Headlines | Read More »

Aboitiz unit gets tax perks

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The government has approved tax perks for the Aboitiz group’s Tudaya 1 Hydroelectric power plant that aims to help augment Mindanao’s power supply.

Posted: April 12th, 2013 in Headlines | Read More »

Isabela Power, Malaysian firm eye partnership

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Alloy MTD logo

Local power developer Isabela Power Corp. is in talks with Alloy-MTD Group of Malaysia for a possible partnership for a proposed $150-million (roughly P6 billion) hydropower plant in Isabela.

Posted: March 18th, 2013 in Latest Business Stories | Read More »

ADB allots $102M for solar, hydro

The Asian Development Bank has made available $102 million to the Philippine government to boost the use of renewable energy in the country, specifically solar and hydropower resources.

Posted: February 18th, 2013 in Headlines | Read More »

First Gen sets aside $2B for projects

First Gen Corp. of the Lopez group has set aside close to $2 billion (roughly P82 billion) to put up natural gas and hydropower projects over the next five years, in anticipation of the country’s need for additional capacities.

Posted: February 7th, 2013 in Headlines | Read More »

SNAP prepares to increase presence in hydro sector

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SN Aboitiz Power Group (SNAP) is looking to further expand its power generation portfolio with plans to put up five more hydropower facilities and bid for government-managed contracted capacities. In a recent briefing, SNAP president and chief executive officer Emmanuel V. Rubio disclosed that SNAP had pending applications before the Department of Energy for five [...]

Posted: December 25th, 2012 in Editor's Pick,Headlines | Read More »

DOE defers bidding for hydropower sites

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The Department of Energy (DOE) has temporarily put on hold the planned bidding for 40 to 50 prospective run-of-river mini-hydropower sites for exploration and development.

Posted: November 22nd, 2012 in Latest Business Stories | Read More »

DoE bidding out hydro site contracts in Q4

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The department of Energy (DoE) is bent on pushing through with its plan to bid out within the fourth quarter at least 40 prospective run-of-river hydropower sites for exploration and development.

Posted: August 27th, 2012 in Latest Business Stories | Read More »

San Miguel continues push in power

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SMC president Ramon S. Ang: Confirmation. INQUIRER FILE PHOTO

Diversified conglomerate San Miguel Corp. is beefing up its hydropower-generation portfolio with the acquisition of existing power plants and a possible foray into renewable energy development.

Posted: August 6th, 2012 in Editor's Pick,Headlines | Read More »

DoE ready for possible sale of 700-MW plant

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The government is well prepared to deal with the possible sale of the 700-megawatt Agus-Pulangi hydropower complex to the private sector—a decision that still has to be made by the Joint Congressional Power Commission (JCPC), Energy Secretary Jose Rene D. Almendras said.

Posted: December 11th, 2011 in Latest Business Stories | Read More »

Investors sought for 11 hydropower projects

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PNOC Renewables Corp., a wholly owned subsidiary of state-run Philippine National Oil Co., is seeking for private sector partners for its 11 hydropower projects, which can generate roughly 270 megawatts for the Luzon and Visayas grids. According to PNOC-RC president Roger Buendia, the company wants to “encourage private investments” in these projects, which are all [...]

Posted: August 29th, 2011 in Headlines | Read More »

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