Brix Lelis
Brix Lelis
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Rubio named SPNEC president/CEO
by Brix Lelis - July 13, 2024 - 12:00am
Veteran energy executive Emmanuel Rubio is taking the driver’s seat in integrated solar developer SP New Energy Corp. (SPNEC), which analysts believe is part of tycoon Manuel V. Pangilinan’s succession...
ACEN infuses additional capital into renewable energy unit
by Brix Lelis - July 13, 2024 - 12:00am
Ayala-led ACEN Corp. is infusing an additional capital of P467.75 million into subsidiary Belenos Energy Corp. to bankroll the latter’s investment into a potential green energy project.
Pump prices to go down next week
by Brix Lelis - July 13, 2024 - 12:00am
After four straight weeks of increases, fuel prices are expected to go down by as much as P1.15 per liter next week, according to the Department of Energy (DOE).
NGCP project benefits 59 million households in Luzon
by Brix Lelis - July 13, 2024 - 12:00am
Around 59 million households in Luzon will benefit from the landmark P20.9-billion transmission line project of the National Grid Corp. of the Philippines.
DOE to launch 3 more auctions for green energy
by Brix Lelis - July 12, 2024 - 12:00am
“Originally, we’re thinking of 8,200 MW for GEA-4, but we might increase this as we see that fossil fuels overtake renewables.”
Meralco unit energizes Japanese firm’s solar project
by Brix Lelis - July 12, 2024 - 12:00am
MSpectrum, the solar energy arm of Pangilinan-led Manila Electric Co. has activated the 726-kilowatt-peak solar rooftop facility of Japanese manufacturer Citizen Finedevice Philippines Corp.
More coal power plants coming in – DOE
by Brix Lelis - July 12, 2024 - 12:00am
Renewable energy is only expected to start dominating the country’s power generation mix by 2028, as more coal-fired power plants are set to come online within the next three years.
‘Philippines on track with nuclear energy targets’
by Brix Lelis - July 12, 2024 - 12:00am
Households may soon be powered by nuclear energy as the Philippines gears up for the safe utilization of nuclear energy for power generation, according to Energy Secretary Raphael Lotilla.
PetroEnergy unit, Mapúa activate solar rooftop project
by Brix Lelis - July 11, 2024 - 12:00am
A subsidiary of Yuchengco-led PetroEnergy Resources Corp. has activated the 360-kilowatt-peak solar rooftop power project at the Mapúa Malayan Colleges Mindanao in Davao City.
First Gen vying for 797-MW Laguna hydropower complex
by Brix Lelis - July 10, 2024 - 12:00am
First Gen Corp. of the Lopez Group is betting on another hydropower asset, this time the 796.64-megawatt Caliraya-Botocan-Kalayaan hydroelectric power plant complex in Laguna.
Philippines-US civil nuclear agreement enters into force
by Brix Lelis - July 10, 2024 - 12:00am
A landmark agreement that lays the legal framework for potential Philippine nuclear power projects with US providers has entered into force, the US State Department said yesterday.
PXP Energy exploring new oil, gas fields
by Brix Lelis - July 9, 2024 - 12:00am
PXP Energy Corp. is further beefing up its asset portfolio in the country despite persistent challenges and uncertainties in the oil and gas industry, its top executives said.
Fuel prices up for 4th straight week
by Brix Lelis - July 9, 2024 - 12:00am
Fuel prices are set to increase today for the fourth consecutive week.
Electricity rates likely up this month
by Brix Lelis - July 9, 2024 - 12:00am
Electricity rates within the franchise coverage of energy utility provider Manila Electric Co. will likely increase this month due to the amortization of deferred charges.
First Gen defers delivery of new LNG cargo
by Brix Lelis - July 8, 2024 - 12:00am
Lopez-led First Gen Corp. is pushing back the procurement of its fifth shipment of liquefied natural gas while it awaits regulatory approvals for the recovery of costs associated with LNG operations
EDC switches on P7 billion geothermal plant in Albay
by Brix Lelis - July 7, 2024 - 12:00am
Energy Development Corp., the renewable energy arm of Lopez-led First Gen Corp., has switched on its 28.9-megawatt geothermal plant, valued at around P7 billion, in Manito, Albay.
Meralco to send Pinoy nuclear engineers to US, China
by Brix Lelis - July 6, 2024 - 12:00am
Manuel V. Pangilinan’s Manila Electric Co. is sending the pilot batch of scholars under its Filipino Scholars and Interns On Nuclear Engineering program to the US and China.
ACEN secures $150 million loan to fuel APAC expansion
by Brix Lelis - July 6, 2024 - 12:00am
The listed energy platform of the Ayala Group has borrowed $150 million from international banks to ramp up its renewable energy portfolio in the Asia-Pacific region.
Oil prices going up for 4th week in a row
by Brix Lelis - July 6, 2024 - 12:00am
Motorists should brace for the fourth round of oil price hikes next week, with gasoline expected to have the biggest adjustment of as much as P1.50 per liter.
Aboitiz, SMC, FGen units bidding for Meralco supply contract
by Brix Lelis - July 5, 2024 - 12:00am
The power units of top energy players Aboitiz Group, Ramon Ang-led San Miguel conglomerate and the Lopez Group’s First Gen Corp. are leading the roster of bidders for Manila Electric Co.’s new power supply...
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