November 18, 2021

Moratorium on FIT interest extended

BY LENIE LECTURA – NOVEMBER 17, 2021 from Business Mirror The Energy Regulatory Commission (ERC) is extending for six months the suspension of the collection of interest on delayed feed-in-tariff (FIT) revenue owed by the government to eligible renewable energy […]
November 18, 2021

Plant operator warns of tight electricity supply next year

BY LENIE LECTURA – NOVEMBER 17, 2021 from Business Mirror The operator of the 440-megawatt (MW) coal-fired power plant warned that electricity supply by the hot dry season next year will be “very difficult” as only one facility is expected […]
November 18, 2021

SEC approves IPO of Citicore REIT

BY VG CABUAG – NOVEMBER 17, 2021 from Business Mirror The Securities and Exchange Commission has given its go-signal to the initial public offering (IPO) of Citicore Energy REIT Corp. (CREIT). In its en banc meeting, the agency approved the […]
November 17, 2021

‘PHL needs energy transition group’

BY LENIE LECTURA – NOVEMBER 16, 2021 from Business Mirror In file photo: The Burgos Solar Project of the Energy Development Corp. in Ilocos Norte. FIRST Gen Power Corp. has proposed the creation of a group that will address the […]