MANILA, Philippines — SN Aboitiz Power Group (SNAP), the joint venture of SN Power of Norway and Aboitiz Power Corp., plans to construct a $28-million battery energy storage system (BESS) at its Magat hydro electric power plant (HEPP). The facility will be used to boost the company’s ancillary services and standby power supply that can […]

AP Renewables will supply 65% of Wells Fargo’s electricity needs in the Philippines

MANILA, Philippines — The power unit of the Aboitiz Group  plans to expand its energy capacity next year with the continued development of its projects and its possible entry into the gas sector.

MANILA — AboitizPower remains keen on investment opportunities outside the Philippines, its Chief Operating Officer Emmanuel Rubio said Tuesday. Rubio told reporters that the company is still looking for investment opportunities in the power generation business in Southeast Asian countries such as Indonesia, Myanmar, and Vietnam. He said AboitizPower is currently doing feasibility studies and […]

About 1.2 million Singaporean households living in public and private residential properties will each receive a one-off $100 Household Utilities Credit by next month.

The magnitude 7 earthquake that jolted Abra caused power outages in several areas in Northern Luzon, the Department of Energy (DOE) said Wednesday. In its situation report, the DOE said that all power generation plants are on normal operation, except for the Hedcor hydroelectric power plants, namely the Ferdinand L. Singit and Sabangan facilities, which […]

AC Energy Corp. on Thursday reported double-digit growth in its nine-month consolidated net income on the back of continued recovery of electricity demand in Luzon and acquisition of power projects.

MANILA, Philippines — AC Energy Philippines Inc. (ACEP) has invested P570 million in a 300-megawatt (MW) diesel power plant in Rizal. In a disclosure to the Philippine Stock Exchange yesterday, ACEP said it signed a subscription agreement with Ingrid Power Holdings Inc. Under the agreement, ACEP subscribed to 50,000 Ingrid common shares worth P4.9 million […]

Ayala-led AC Energy Corporation will be supplying a renewable energy-generated electricity to consumer-goods firm Pacific Synergy for its manufacturing facility in Laguna.

AC Energy Inc. registered an attributable capacity of 1.8 gigawatts (GW) from its power plants here and abroad as of end-2019 with the inclusion of more renewable energy (RE) facilities in its portfolio. In a statement on Monday, the firm reported attributable energy output climbed by 25 percent to 3,500 gigawatt hours (GWh) in the […]