March 25, 2024

Transmission line completion to ease tight Panay supply

By Alena Mae S. Flores – March 24, 2024, 7:55 pm from manilastandard.net The Department of Energy (DOE) said over the weekend the completion of the Cebu-Negros-Panay 3 transmission project on March 31 will pave the way for the transfer […]
March 23, 2024

ACEN signs deal to acquire 40% interest in Quezon wind project

By Alena Mae S. Flores – March 22, 2024, 7:30 pm from manilastandard.net   ACEN Corp., the listed energy platform of the Ayala Group, said Friday it signed documents to acquire a 40-percent stake in Real Wind Energy Inc., a […]
March 23, 2024

Aboitiz Power’s board approves appointment of 42-year-old CEO

By Alena Mae S. Flores – March 22, 2024, 7:20 pm from manilastandard.net The board of Aboitiz Power Corp. on Friday approved the appointment of Danel Aboitiz as president and chief executive effective July 1, 2024. It also approved the  […]
March 22, 2024

ERC approves participation threshold in Mindanao power retail market

By Alena Mae S. Flores – March 21, 2024, 8:40 pm from manilastandard.net The Energy Regulatory Commission (ERC) approved the eligibility thresholds for participation in the retail market in Mindanao under ERC Resolution No. 6 Series of 2024. The ERC […]
March 22, 2024

First Gen’s income rises 4% to $277m on LNG business

By Alena Mae S. Flores – March 21, 2024, 7:55 pm from manilastandard.net First Gen Corp. of the Lopez Group on Thursday reported a 4-percent increase in attributable recurring net income to $277 million (P15.4 billion) in 2023 from $265 […]
March 22, 2024

Romblon electric co-op vows to expand RE projects as it seeks wider franchise

By Alena Mae S. Flores – March 21, 2024, 7:35 pm from manilastandard.net Romblon Electric Cooperative Inc. (Romelco) said Thursday it plans to deploy more renewable energy projects to meet the growing demand of energy in the province. Romelco general […]
March 21, 2024

CREIT declares P0.54 per share cash dividend from Q4 revenues

By Alena Mae S. Flores – March 20, 2024, 8:25 pm from manilastandard.net Citicore Energy REIT Corp. (CREIT), the country’s first renewable energy real estate investment trust firm, declared cash dividends of P0.054 per share, representing income from its guaranteed and variable lease revenues in the […]
March 21, 2024

DOE issues guidelines to meet electrification targets

By Alena Mae S. Flores – March 20, 2024, 8:20 pm from manilastandard.net The Department of Energy (DOE) issued draft guidelines for the local total electrification roadmap (LTER) of distribution utilities (DUs) to help meet the government’ national target by […]
March 20, 2024

Repower bags 500-MW wind power contracts

By Alena Mae S. Flores – March 19, 2024, 8:05 pm from manilastandard.net The Department of Energy (DOE) awarded Repower Energy Development Corp. (REDC) wind energy service contracts totaling 500 megawatts that would further expand its portfolio of clean-energy facilities […]
March 20, 2024

ERC names 5 biggest power generators

By Alena Mae S. Flores – March 19, 2024, 8:00 pm from manilastandard.net The Energy Regulatory Commission identified the five dominant players in the power generation sector led by Aboitiz Equity Ventures with a national market share of 22.47 percent […]