March 8, 2018

P750-M emergency fund for co-ops OKd

By Jordeene Sheex Lagare – March 8, 2018 from The Manila Times The bicameral conference committee on energy reconciled on Wednesday conflicting provisions of a bill seeking to provide electric cooperatives (ECs) a P750-million emergency and resiliency fund. During a […]
March 7, 2018

DOE urged to publish probe result on FIT award irregularity

By Myrna M. Velasco – Updated March 6, 2018, 3:09 PM from Manila Bulletin An aggrupation of solar farm developers in the country is urging Energy Secretary Alfonso G. Cusi to “make public” the outcome of his department’s investigation on […]
March 6, 2018

Power rates likely to rise again in March on weak peso

By Alena Mae S. Flores – March 05, 2018 at 07:13 pm from manilastandard.net Power rates are expected to go up again in March on weak peso and following the shutdown of more power plants amid rising demand, retailer Manila […]
March 6, 2018

Weak peso pulling up power project costs

By Myrna M. Velasco – Updated March 5, 2018, 4:32 PM from Manila Bulletin The weakening of the Philippine peso against the US dollar has been pulling up investment costs to power plant projects, primarily for new or greenfield developments […]