January 12, 2023

‘Expensive’ replacement power hikes Meralco rates

By Myrna M. Velasco – January 10, 2023, 2:03 PM from Manila Bulletin The comparatively expensive replacement power capacities secured from a power plant of the Aboitiz group and hefty purchases from the Wholesale Electricity Spot Market (WESM) had partly […]
January 12, 2023

DOE won’t rule out brownouts this year

By Myrna M. Velasco – January 10, 2023, 3:47 PM from Manila Bulletin The Department of Energy (DOE) is trying to paint a scenario that Luzon grid will still have supply despite forecasts of strained reserves. At the same time, […]
January 11, 2023

Meralco-SPBBC supply deal OK’d

BY LENIE LECTURA – JANUARY 11, 2023 from Business Mirror THE Manila Electric Co. (Meralco) and Solar Philippine Batangas Baseload Corp. (SPBBC) are now cleared to negotiate for their 200-megawatt (MW) power supply agreement (PSA). This after the Meralco Third-Party […]
January 11, 2023

ACEN buys Sungrow shares to build 60-MW solar plant

BY LENIE LECTURA – JANUARY 11, 2023 from Business Mirror ACEN Corp. has acquired shares from Sungrow Power Renewables Corp. (SPRC) worth P114 million that will result in owning a company that is developing a 60-megawatt (MW) solar power plant […]