April 24, 2020

PSALM remits P46.07 million to 6 local governments

By Lenie Lectura -April 23, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has remitted SNW (Share in National Wealth) benefits amounting to P46.07 million to six local government units (LGUs). PSALM directly […]
April 24, 2020

Electricity spot-market rate falls in March due to ECQ

By Lenie Lectura -April 23, 2020 from Business Mirror Independent Electricity Market Operator of the Philippines Inc. (IEMOP) reported Thursday that spot market prices last month dropped to P2.47 per kilowatt hour (kWh), from P3.45/kWh in February, mainly due to […]
April 23, 2020

Delayed delivery of Chinese solar panels affects NEA’s off-grid electrification work

By Alena Mae S. Flores – April 22, 2020 at 08:40 pm from manilastandard.net State-run National Electrification Administration said the delayed delivery of solar panels from China affected an off-grid solar project for 5,000 households amid the coronavirus disease 2019 […]
April 23, 2020

Gatchalian mulls over power sector stimulus

By Alena Mae S. Flores – April 22, 2020 at 08:10 pm from manilastandard.net Senator Sherwin Gatchalian is calling for an inquiry on whether Congress needs to draw up a financial stimulus package for the power sector to ensure reliable […]