CIP forms 400MW Indonesian JV

Copenhagen Infrastructure Partners (CIP) has entered into a joint venture with PT Akuo Energy Indonesia to develop and initial portfolio of 400MW of clean power projects.

Ayala Group’s automotive unit sets P50-B revenue goal by 2025

AC Motors, the automotive arm of the Ayala Corp. conglomerate, aspires to become a pioneer in new energy vehicles sector and preeminent auto group in the country through disruptive technologies four years from now or by 2025 through disruptive technologies.

ERC urged to intervene on damaged NGCP submarine cable

ILOILO CITY – The local government here and business groups have urged the Energy Regulatory Commission (ERC) to intervene regarding the damaged submarine cable of the National Grid Corporation of the Philippines (NGCP) that is causing an increase in the power rate in Western Visayas.