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Category: energy

Christopher Miller: Protect Virginians from paying billions for data center infrastructure

Virginia’s current energy rate structure is set up in such a way that puts average ratepayers on the hook for the massive costs of energy-related infrastructure needed to support the data center industry.

UBS Cuts Coterra Energy (CTRA) Price Target, Keeps Buy Rating

Coterra Energy Inc. (NYSE: CTRA) is one of the 11 Dirt Cheap Stocks to Buy According to Analysts. On October 14, UBS slightly reduced its price target on Coterra Energy Inc. (NYSE: CTRA) from $30 to $29 and kept a Buy rating. UBS analysts believe that Coterra Energy Inc. (NYSE: CTRA) had a challenging operational first half of [.].

Multiply Group宣布擬透過股權置換收購2PointZero和Ghitha Holding

阿聯阿布達比–(BUSINESS WIRE)–(美國商業資訊)– 總部位於阿布達比、在全球投資和營運業務的投資控股公司Multiply Group (ADX: MULTIPLY)今日宣布,其董事會已核准一項提案,擬透過股權置換交易收購2PointZero和Ghitha Holding。 根據擬議條款,Multiply Group將以發行股票的方式收購2PointZero和Ghitha Holding,隨後透過增發新股完成交易。目前該交易正處於審核階段,仍需獲得股東和主管機關的核准。 2PointZero是一家變革型投資公司,在能源、礦業和金融服務領域擁有可規模化資產,同時兼具AI賦能與能源轉型加速能力,致力於推動更智慧、更永續的未來發展。Ghitha Holding是一家首屈一指的綜合企業集團,業務涵蓋農業、食品生產和經銷,在保障糧食安全方面扮演關鍵角色。這兩家企業分別在能源與消費領域具備互補優勢,而這兩大領域是所有經濟體的核心支柱,既支撐日常生活運轉,也協助全球向更潔淨、更智慧的系統轉型。 此次交易可望透過在單一上市平台整合互補資產,提升Multiply Group整個投資組合

Power transmission rates dip in October billing

MANILA, Philippines — Electricity transmission rates will slightly drop in October’s electricity billing, according to the National Grid Corp. of the Philippines (NGCP). In a media briefing Wednesday, NGCP’s head of revenue management department Julian Ryan Datingaling said overall transmission rates for the September 2025 billing period dipped by 1.23 percent to P1.3998 per kilowatt

PacificSun seeks to build P4.9-B solar park at Paoay sand dunes

MANILA, Philippines – PacificSun Renewables Corp. plans to build a P4.9-billion solar power facility in Ilocos Norte with a capacity of 120.96 megawatts (MW). Based on a document filed at the Department of Environment and Natural Resources (DENR), the proposed project will cover three barangays in Paoay, Ilocos Norte. READ: Philippines emerges as hot spot

DOE: Full RE foreign ownership added 20 GW to Philippine power supply

MANILA, Philippines – The Philippines’ decision to open the renewable energy (RE) space to full foreign ownership has led to the installation of about 20 gigawatts (GW) of new power capacity, a government official said. Department of Energy (DOE) Undersecretary Rowena Cristina Guevara acknowledged the private sector’s role in helping the country hit its target

Meralco rates up 23 centavos/kWh in October

MANILA, Philippines – Customers of Manila Electric Co. (Meralco) will have to spend more for their electricity this month as the power distributor announced a rate hike of 23 centavos per kilowatt hour (kWh). This brings the overall rate for a typical household to P13.3182 per kWh, up from September’s P13.0851 per kWh. READ: Higher

Waste-to-energy projects up for grabs in 2026

MANILA, Philippines – The Department of Energy (DOE) hopes to get more investor support for its waste-to-energy (WTE) push with the launch of a special bidding round in early 2026. In a statement on Thursday, the agency said the “special green energy auction” would happen in January. This will mainly focus on WTE projects that

Tata Power Energises Mumbai Metro-3 Aqua Line With 40 MW Supply, Strengthening City’s Underground Transit Network

According to a press statement, Tata Power has implemented a dual busbar system to ensure uninterrupted and reliable electricity supply. The system draws power from the company’s Saki, Dharavi, and Mahalaxmi receiving stations, creating a robust power backbone for Metro-3’s smooth and efficient functioning.