October 6, 2022

San Miguel unit fast-tracking installation of BESS facilities

BY LENIE LECTURA – OCTOBER 6, 2022 from Business Mirror SMC GLOBAL Power Holdings Corp. (SMCGP) is targeting to complete the installation of 1000 megawatts (MW) of battery energy storage system (BESS) facilities before next year’s peak season, which is […]
October 5, 2022

NEA set to takeover Albay electric coop anew

By Myrna M. Velasco – October 4, 2022, 2:53 PM from Manila Bulletin Government-run National Electrification Administration (NEA) will take over again the operation and management of the Albay Electric Cooperative (ALECO), after the member-consumer-owners (MCOs) of the power utility […]
October 5, 2022

Meralco seeks emergency power supply procurement for 1,000MW

By Myrna M. Velasco – October 4, 2022, 1:39 PM from Manila Bulletin Following regulatory decision that junked the P0.30 per kilowatt hour (kWh) rate hike petition of supplier SMC Global Power Holdings (SMCGP), power utility giant Manila Electric Company […]
October 5, 2022

DOE approves Razon’s acquisition of Malampaya operating stake

By Myrna M. Velasco – October 3, 2022, 2:48 PM from Manila Bulletin The Department of Energy (DOE) has approved the acquisition of the 45 percent operating equity in the Malampaya gas project by Razon-led Prime Exploration Pte. Ltd. for […]