Power News
April 27, 2023
Published by admin at April 27, 2023
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By Alena Mae S. Flores – April 26, 2023, 7:15 pm from manilastandard.net The Department of Energy said Wednesday total installed renewable energy capacity increased 4 percent to 8,255 megawatts in 2022 from 7,914 megawatts in 2021, with the entry […]
April 26, 2023
Published by admin at April 26, 2023
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BY LENIE LECTURA – APRIL 26, 2023 from Business Mirror The Independent Electricity Market Operator of the Philippines (IEMOP) warned that average electricity spot market prices in May could remain at the P7 per kilowatt hour (kWh) level. IEMOP reported […]
April 26, 2023
Published by admin at April 26, 2023
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By Alena Mae S. Flores – April 25, 2023, 7:20 pm from manilastandard.net PetroEnergy Resources Corp. said Tuesday it signed a share purchase agreement with EEI Power Corp. to acquire the latter’s common shares in three subsidiaries. PetroEnergy said in […]
April 26, 2023
Published by admin at April 26, 2023
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By Alena Mae S. Flores – April 25, 2023, 7:05 pm from manilastandard.net Aboitiz Power Corp. said it is keenly watching the regulatory developments from the Department of Energy and the Energy Regulatory Commission before proceeding with any offshore wind […]
April 25, 2023
Published by admin at April 25, 2023
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BY LENIE LECTURA – APRIL 25, 2023 from Business Mirror The Manila Electric Co. (Meralco) reported that its net income in the first quarter went up by 40 percent to P8.1 billion, from P6.4 billion in the same period a […]
April 25, 2023
Published by admin at April 25, 2023
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BY LENIE LECTURA – APRIL 25, 2023 from Business Mirror ACEN Corp. is planning to borrow up to P30 billion to partly fund its capital expenditure (capex) this year. “In terms of new debts, we are projecting to borrow an […]
April 24, 2023
Published by admin at April 24, 2023
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By Alena Mae S. Flores – April 23, 2023, 6:30 pm from manilastandard.net San Miguel Global Power Holdings Corp. plans to offer the output of a 1,313.1-megawatt combined cycle power plant to Manila Electric Co. under a new competitive selection […]
April 24, 2023
Published by admin at April 24, 2023
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By Alena Mae S. Flores – April 23, 2023, 6:05 pm from manilastandard.net State-run National Power Corp. said it expects to realize savings of about P480 million with the implementation of 50 megawatts of hybrid energy projects in missionary areas […]
April 24, 2023
Published by admin at April 24, 2023
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BY MYRNA M. VELASCO – Apr 23, 2023 01:55 PM from Manila Bulletin AT A GLANCE Executive Order No. 21 aims to streamline project permitting processes for offshore wind projects President Marcos also directed rationalization of project permit fees All […]
April 22, 2023
Published by admin at April 22, 2023
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By Alena Mae S. Flores – April 21, 2023, 7:50 pm from manilastandard.net The Energy Regulatory Commission assured over the weekend it would mitigate the impact of the P22.64-billion charges on consumers related to the Supreme Court ruling on the […]