June 10, 2023

ERC imposes cap on rates in emergency power deals

By Lenie Lectura – June 9, 2023 from Business Mirror The Energy Regulatory Commission (ERC) has capped the power rates in emergency power supply agreements (EPSAs) entered into by distribution utilities (DUs) and power generation companies. EPSAs are forged on […]
June 9, 2023

SPNEC to start building world’s largest solar farm this year

BY JAMES A. LOYOLA – Jun 8, 2023 04:19 PM from Manila Bulletin SP New Energy Corporation (SPNEC), the country’s emerging solar power giant, is planning to break ground this year its massive 3,000 megawatt Nueva Ecija solar expansion project. […]
June 9, 2023

DOE wants to modernize transmission, distribution lines

By Alena Mae S. Flores – June 8, 2023, 7:45 pm from manilastandard.net Energy Secretary Raphael Lotilla on Thursday vowed to upgrade and modernize the country’s transmission and distribution lines to support an efficient transition to cleaner energy. “The government […]
June 9, 2023

Repower extends book-building, postpones P1.15-b initial public offering to July

By Jenniffer B. Austria – June 7, 2023, 7:40 pm from manilastandard.net Repower Energy Development Corp. moved its planned P1.15 billion maiden share offering to July after it recently extended its book-building period. REDC said in the amended offer timetable […]