Power News

September 28, 2023

NGCP to expedite Batangas-Mindoro link

By Alena Mae S. Flores – September 27, 2023, 7:45 pm from manilastandard.net The National Grid Corp. of the Philippines (NGCP) agreed to fast-track the completion of the Batangas-Mindoro interconnection by 2025 or two years ahead of the 2027 target, […]
September 28, 2023

Aboitiz, Vivant, Vena to build 206-MW wind power project in Northern Samar

By Alena Mae S. Flores – September 27, 2023, 7:20 pm from manilastandard.net Aboitiz Power Corp. subsidiary Aboitiz Renewables Inc., Vivant Energy Corp. and Vena Energy signed an agreement to jointly develop the 206-megawatt San Isidro wind power project in […]
September 27, 2023

First Gen expects LNG terminal to be fully operational by end-2023

By Alena Mae S. Flores – September 26, 2023, 9:20 pm from manilastandard.net First Gen Corp. of the Lopez Group expects its interim offshore terminal (IOT) project in Batangas to be fully operational by end of 2023, a top executive […]
September 27, 2023

PNOC seeks partner in Batangas offshore wind project

By Alena Mae S. Flores – September 26, 2023, 8:35 pm from manilastandard.net State-run Philippine National Oil Co. (PNOC) is looking for a partner in its proposed Batangas offshore wind power integration port. “We are exploring going into joint venture […]
September 27, 2023

EDC plans to invest P60b to drill 40 geothermal wells

By Alena Mae S. Flores – September 25, 2023, 8:50 pm from manilastandard.net Geothermal power producer Energy Development Corp. plans to drill 40 new wells over the next three years with capital investments of P60 billion to sustain and expand […]
September 27, 2023

San Miguel: Power units still viable

By Alena Mae S. Flores – September 25, 2023, 8:20 pm from manilastandard.net San Miguel Global Power Holdings Corp. (SMGP) and subsidiaries remain viable and able to meet its financial obligations, its parent ccompany said Monday. “To date, the company […]
September 25, 2023

PNOC EC expects high success rate for new Malampaya wells

By Alena Mae S. Flores – September 24, 2023, 10:05 pm from manilastandard.net State-run PNOC Exploration Corp. projected a high success rate for new wells to be drilled by the Malampaya consortium, a top executive said. The company owns a […]
September 25, 2023

PSALM to end corporate life with P113 billion debt

By Manila Standard – September 24, 2023, 9:15 pm from manilastandard.net State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) said it expects to have a residual debt of about P113 billion beyond its corporate life, which expires in June […]
September 25, 2023

Samat LNG signs lease agreement for LNG terminal in Bataan

By Alena Mae S. Flores – September 24, 2023, 9:10 pm from manilastandard.net Samat LNG Corp. signed a long-term lease agreement with state-owned Philippine National Oil. Co. for 4.5 hectares of land at the PNOC Industrial Park in Limay, Bataan. […]
September 23, 2023

Solar Tanauan’s 140-MW project employs advanced tools

By Alena Mae S. Flores – September 22, 2023, 8:55 pm from manilastandard.net Solar Tanauan Corp.’s 140-megawatt solar power plants in Batangas and Cavite are employing advanced project design and execution tools and strategies that led to significant progress in […]