Power News

January 19, 2024

ERC lifts suspension of FIT-All collection

By Richmond Mercurio – January 19, 2024 | 12:00am from The Philippine Star The Energy Regulatory Commission said it resolved to lift the suspension on the collection of the FIT-All starting the billing month of February 2024. MANILA, Philippines — […]
January 19, 2024

Early coal-fired plant retirement seen significantly reducing PHL emissions

By Sheldeen Joy Talavera – January 18, 2024 | 9:30 am from Business World THE early retirement of coal-fired power plants could prevent 290 metric tons of carbon dioxide (MtCO2) from the Philippines’ annual emissions, a climate data advocacy group […]
January 19, 2024

PH seen to have world’s 8th largest solar, wind capacity

By Alena Mae S. Flores – January 17, 2024, 8:05 pm from manilastandard.net The Philippines ranks eighth in terms of largest prospective capacity from utility-scale solar and wind power worldwide with its planned 99,000 megawatts worth of renewable energy projects […]
January 18, 2024

Citicore Renewable’s P12.9-B IPO OKd

By Miguel R. Camus – Reporter – 03:16 PM January 17, 2024 from @miguelrcamusINQPhilippine – Daily Inquirer MANILA, Philippines  —Tycoon Edgar Saavedra’s Citicore Renewable Energy is moving closer to launching the country’s first initial public offering (IPO) in 2024 after […]
January 18, 2024

ACEN to guarantee $320-M loan secured by subsidiary

By Lenie Lectura – January 16, 2024 from Business Mirror ACEN Corp. will guarantee the $320-million loan obtained by its offshore investment subsidiary, ACEN Cayman, from two local banks. In a disclosure Monday, the power business arm of conglomerate Ayala […]
January 17, 2024

DOE endorses 21 power plants for grid study

By Alena Mae S. Flores – January 16, 2024, 8:35 pm from manilastandard.net The Department of Energy (DOE) endorsed to the National Grid Corp. of the Philippines (NGCP) 21 power projects for system impact study (SIS) in December to augment […]
January 17, 2024

Renewable energy players want to unlock potential of PH solar rooftop industry

By Alena Mae S. Flores – January 16, 2024, 8:10 pm from manilastandard.net The Philippines Solar and Storage Energy Alliance (PSSEA) seeks to unlock the country’s solar rooftop potential by identifying and addressing the industry’s bottlenecks. PSSEA president Jose Rafael […]
January 16, 2024

German interest in PHL to grow pool of RE investors

By John Victor D. Ordoñez – January 14, 2024 | 7:56 pm from Business World RENEWABLE ENERGY (RE) tie-ups with Germany raise the prospect of leading-edge technology and financing being introduced to the solar and offshore wind sector, industry officials said. […]
January 16, 2024

Dearth of microgrid bidders blamed on lack of time to prepare proposals

By Sheldeen Joy Talavera – January 14, 2024 | 7:54 pm from Business World THE Department of Energy (DoE) said the lack of time for potential proponents to prepare project proposals was behind the first auction for microgrid systems attracting […]
January 16, 2024

PSALM set to turn over Casecnan plant in February

By Alena Mae S. Flores – January 15, 2024, 7:30 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. (PSALM) expects to turn over the 165- megawatt Casecnan hydroelectric power plant (CHEPP) to winning bidder Fresh River Lakes […]