December 9, 2022

DPC plans foray into solar energy

BY LENIE LECTURA – DECEMBER 8, 2022 from Business Mirror DMCI Power Corp. (DPC) will venture into solar power next year, a move that will boost its energy portfolio to around 150megawatts (MW). “Next year, we are targeting to include […]
December 9, 2022

ERC probes alleged ‘overpricing’ of power utilities

By Myrna M. Velasco – December 8, 2022, 8:27 AM from Manila Bulletin The Energy Regulatory Commission (ERC) is investigating private distribution utilities (DUs) and electric cooperatives (ECs) that have been the subject of complaints for allegedly overpricing pass-on costs […]
December 8, 2022

Synergy Grid declares fourth-quarter cash dividends

By Alena Mae S. Flores – December 7, 2022, 6:55 pm from manilastandard.net Synergy Grid and Development Philippines Inc. said Wednesday its board declared a fourth-quarter cash dividend amounting to P1.37 billion at P0.26 per share. SGP said in a […]
December 8, 2022

Meralco buying higher priced power from WESM

By Myrna M. Velasco – December 7, 2022, 4:37 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has been compelled to source higher-priced electricity from the Wholesale Electricity Spot Market (WESM) to plug the gap on its […]