July 10, 2017

DOE entices Korean investors

By Myrna M. Velasco – July 9, 2017, 10:01 PM from Manila Bulletin The Department of Energy (DOE) is in a “fresh courting stage” to the South Korean investors which it has been rallying in for new capital flow in the […]
July 6, 2017

DOE approves Citicore’s five hydropower service contracts totaling 2,300 megawatts

By  Lenie Lectura – July 5, 2017 from Business Mirror THE Department of Energy (DOE) has awarded Citicore Power Inc. (CPI) five service contracts for its pumped-storage hydropower projects with a total capacity of 2,300 megawatts (MW). The company said on Wednesday it received the contracts […]
July 1, 2017

DOE prepares new board for WESM

By Myrna M. Velasco – June 29, 2017, 10:01 PM from Manila Bulletin The ‘real action’ had been on the launch of the Wholesale Electricity Spot Market (WESM) in Mindanao, but torrents of discussion in the power industry had been on […]
June 29, 2017

Citicore Power seeking DOE okay for 1,000-MW goal for RE projects

By Lenie Lectura – June 28, 2017 from Business Mirror CITICORE Power Inc. (CPI) is actively pursuing hydropower investments to meet its 1,000 megawatt (MW) capacity target of renewable energy (RE). The company, currently an active member of the PhilHydro Association Inc., said on Wednesday it has […]