December 4, 2023

Philippines ranks fourth globally in terms of power investments

By Manila Standard – December 4, 2023, 12:00 am from manilastandard.net Department of Energy (DOE) assistant secretary Mylene Capongcol welcomed the BloombergNEF Climate 2023 report which ranked the Philippines among the 5 most attractive emerging markets for investments in the […]
December 2, 2023

Meralco unit pays P7b to acquire stake in solar power firm SPNEC

By Jenniffer B. Austria – December 1, 2023, 9:40 pm from manilastandard.net Manila Electric Co. through its unit MGen Renewable Energy Inc. (Mgreen) made an initial payment of P7 billion as part of its plan to acquire a majority stake […]
December 1, 2023

NGCP seeks lifting of Supreme Court’s TRO on Panay-Guimaras link

By Alena Mae S. Flores – November 30, 2023, 8:55 pm from manilastandard.net Transmission operator National Grid Corp. of the Philippines (NGCP) asked the Supreme Court to lift the temporary restraining order against the P3 billion Panay-Guimaras 138-kiloVolt (kV) Interconnection […]
December 1, 2023

ERC urged to hasten reset of Meralco distribution rate

By Lenie Lectura – November 29, 2023 from Business Mirror Senator Sherwin Gatchalian on Tuesday urged the Energy Regulatory Commission (ERC) to fast-track the reset of the power distribution rate for the Manila Electric Co. (Meralco) to determine if the […]