December 22, 2020

No foreign firm takers of PH geothermal blocks yet

By Myrna M. Velasco – December 22, 2020, 7:00 AM from Manila Bulletin Despite the perceived low capitalization of US$50 million dangled to foreign investors for integrated geothermal resource exploration and power plant development in the country, the Department of […]
December 21, 2020

Meralco extends payment deadline

By Alena Mae S. Flores – December 20, 2020 at 08:15 pm from manilastandard.net Power retailer Manila Electric Co. said over the weekend customers received a one-month disconnection reprieve as it extended the no-disconnection policy for non-payment of bills from […]
December 21, 2020

RE firms eye P35.7B from FIT subsidies

By Myrna M. Velasco – December 21, 2020, 7:00 AM from Manila Bulletin The country’s renewable energy (RE) developers are eyeing to rake in next year P35.693 billion worth of feed-in-tariff (FIT) payments, a form of subsidy collected from all […]
December 21, 2020

Aboitiz Power to issue up to P8-B bonds

By Myrna M. Velasco – December 21, 2020, 5:30 AM from Manila Bulletin Aboitiz Power Corporation is planning to raise up to P8 billion from a proposed bond issuance as the initial tranche of its new three-year Shelf Registration of […]