Power News

June 3, 2023

DOE releases qualified bidders for new energy auction

By Alena Mae S. Flores – June 2, 2023, 9:15 pm from manilastandard.net The Department of Energy on Friday released the list of qualified bidders for the Green Energy Auction Program 2 after the evaluation conducted by the technical working […]
June 3, 2023

REDC, Austrian firm to develop pumped storage hydro power plants

BY JAMES A. LOYOLA – Jun 2, 2023 11:30 PM from Manila Bulletin Repower Energy Development Corporation (REDC) has signed a Memorandum of Agreement (MOA) with Austria-based Gugler Water Turbines GMBH for the development of seawater pumped storage projects at […]
June 3, 2023

Vivant to acquire partner’s stake in off-grid ventures

BY MYRNA M. VELASCO – Jun 2, 2023 04:56 PM from Manila Bulletin AT A GLANCE The asset acquisition will enable Vivant Energy to partly fulfill its environmental, social and governance (ESG) commitments, as reinforcing electricity service access will stimulate […]
June 3, 2023

PSE suspends trading of SPNEC shares

After public float fell below 20% BY JAMES A. LOYOLA – Jun 2, 2023 04:21 PM from Manila Bulletin The Philippine Stock Exchange has suspended the trading of the shares of SP New Energy Corporation (SPNEC) after its public float […]
June 3, 2023

Spanish firm plans gigantic 7.6GW offshore wind investments in PH

Aggregate investment could command trillions-pesos worth of capital BY MYRNA M. VELASCO – Jun 2, 2023 04:19 PM from Manila Bulletin AT A GLANCE The initial offshore wind capacity it is targeting to advance to commercial stream will be by […]
June 2, 2023

Semirara to deliver second trial coal shipment to Japan

By Othel V. Campos – June 1, 2023, 7:10 pm from manilastandard.net Semirara Mining and Power Corp. plans to deliver its second trial coal shipment to Japan this month, as it expands its market across Asia while reducing dependency on […]
June 2, 2023

Repower, Austrian firm signs deal to develop seawater pumped storage projects in PH

By Alena Mae S. Flores – June 1, 2023, 7:05 pm from manilastandard.net Repower Energy Development Corp, a subsidiary of Pure Energy Holdings Corp. said Thursday it signed a memorandum of agreement with Austria-based Gugler Water Turbines GMBH for the […]
June 2, 2023

First Gen issues bid notice for LNG procurement

BY MYRNA M. VELASCO – Jun 1, 2023 02:52 PM from Manila Bulletin AT A GLANCE The LNG spot cargo will be used for the wet commissioning of the FSRU that will underpin the fuel shift of the First Gen […]
June 1, 2023

ERC asks 25 electric co-ops on pass-through fuel costs

By Alena Mae S. Flores – May 31, 2023, 9:35 pm from manilastandard.net The Energy Regulatory Commission said Wednesday it issued 33 show cause orders directing 25 electric cooperatives and three private distribution utilities to explain why they should not […]
June 1, 2023

San Miguel power unit prepares to issue P25-billion securities

By Alena Mae S. Flores – May 31, 2023, 8:15 pm from manilastandard.net San Miguel Global Power Holdings Corp., formerly SMC Miguel Global Power Holdings Corp., said Wednesday its board approved the issuance of up to P25 billion in redeemable […]