Power News

February 14, 2025

Generation charge fell 11% in 2024—ERC

By Alena Mae S. Flores – February 13, 2025, 7:35 pm from manilastandard.net The Energy Regulatory Commission (ERC) said Thursday the national average annual generation rate dropped 11.46 percent from to P6.64 per kWh in 2024 from P7.50 per kWh […]
February 14, 2025

New coal power plant projects in China hit highest level

By Associated Press – 01:31 PM February 13, 2025 from inquirer.net / Philippine Daily Inquirer FILE – Guohua Power Station, a coal-fired power plant, operates in Dingzhou, Baoding, in the northern China’s Hebei province, Friday, Nov. 10, 2023. (AP Photo/Ng […]
February 13, 2025

NGCP wheeling rates for Feb marginally up 2%

By Jed Macapagal – February 13, 2025 from Malaya Business Insight The wheeling rates charged by the National Grid Corporation of the Philippines (NGCP) for its primary service of delivering electricity through the grid rose 2.03 percent in January. The […]
February 13, 2025

DOE gets offers for RE projects

By Lenie Lectura – February 12, 2025 from Business Mirror THE Department of Energy (DOE) received offers from 14 renewable energy (RE) projects that will deliver a total capacity of 7,500 megawatts (MW) between 2025 to 2035. During the Green […]
February 13, 2025

OMF turns over solar irrigation pumps to 140 Nueva Ecija farmers

By Manila Standard Business – February 12, 2025, 7:30 pm One Meralco Foundation (OMF), the corporate social responsibility arm of Manila Electric Co. (Meralco), turns over solar-powered mobile irrigation pumps to support around 140 farmers in Nueva Ecija province. One […]
February 12, 2025

Philippine logs record renewable energy installations in 2024

By Brix Lelis – February 12, 2025 | 12:00am from The Philippine Star Based on DOE figures released yesterday, around 794.34 megawatts of new RE capacity reinforced the country’s supply in 2024, higher than the 230.54 MW in 2023, 328.18 […]
February 12, 2025

Meralco power rates up in Feb.

By Sheldeen Joy Talavera – February 12, 2025 | 12:32 am from Business World   A lineman is working on an electric pole in Ermita, Manila. Manila Electric Co. (Meralco) is raising rates this month. — PHILIPPINE STAR/RYAN BALDEMOR   […]
February 12, 2025

PhilRatings: CREIT well-positioned for RE growth, affirms strong rating

By James A. Loyola – Feb 11, 2025 10:04 AM from Manila Bulletin Saavedra-led Citicore Energy REIT Corporation (CREIT), the country’s first renewable energy (RE) real estate investment trust, has been assigned a strong Issuer Credit Rating of PRS Aa […]
February 11, 2025

NGCP clears transmission for Yuchengco solar project

By Maria Bernadette Romero – 11 Feb 2025, 00:20 from Daily Tribune BKS Green Energy Corp., a unit of Rizal Green Energy Corp. backed by Yuchengco-led PetroGreen Energy Corp. (PGEC) and Japan’s Taisei Corp., is advancing the 33.831-megawatt (MW) Phase […]
February 11, 2025

ACEN scores higher rating for climate action

By Brix Lelis – February 11, 2025 | 12:00am from The Philippine Star The latest rating, which marks an improvement from ACEN’s previous B score, is the second-highest rating given by CDP to companies for their comprehensive disclosures and progress […]