January 19, 2021

Geothermal investors seek ‘risk insurance perks’ for new projects

By Myrna M. Velasco – January 19, 2021, 7:00 AM from Manila Bulletin Geothermal investors in the country are batting for ‘insurance-type of incentives’ or ‘mitigation fund’ that seeks the “sharing of cost-risks” with the government, so investments in the […]
January 19, 2021

PSALM secures P202-M prepayment from Sorsogon electric cooperative

By Myrna M. Velasco – January 19, 2021, 8:00 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has cornered prepayment of P202.106 million from Sorsogon I Electric Cooperative (SORECO I), as part of the restructuring […]
January 19, 2021

Gov’t loses P1.2b on Malaya plant

By Alena Mae S. Flores – January 17, 2021 at 07:30 pm from manilastandard.net The government is losing around P1.2 billion annually from maintaining the 650-megawatt Malaya Thermal Power Plant in Pililla, Rizal, according to a report of the Department […]
January 18, 2021

DOE keeps new coal capacity target

By Myrna M. Velasco – January 18, 2021, 6:30 AM from Manila Bulletin The country’s love affair with coal technology is far from over, as the current official project list of the Department of Energy (DOE) still casts 11,289 megawatts […]