Power News

April 1, 2023

ACEN pays out P2 billion for interest in Zambales solar project

By Alena Mae S. Flores – March 30, 2023, 7:30 pm from manilastandard.net ACEN Corp. of the Ayala Group said Thursday it paid out P2 billion of the total P4.99 billion for the subscription of a 26.1-percent interest in Santa […]
March 31, 2023

MGreen, Vena Energy start solar project commercial operation

BY MYRNA M. VELASCO – Mar 30, 2023 3:11 PM from Manila Bulletin MGen Renewable Energy, Inc. (MGreen), a unit under the Manila Electric Company (Meralco) group; and Vena Energy have reached commercial operation date (COD); for their 68-megawatt solar […]
March 31, 2023

Danish firm to invest $5 B for offshore wind projects

BY MYRNA M. VELASCO – Mar 30, 2023 4:34 PM from Manila Bulletin AT A GLANCE CINMF, an affiliate of Danish fund manager Copenhagen Infrastructure Partners (CIP), is the first investor to sign RE service contracts with 100% foreign ownership […]
March 31, 2023

IEMOP: Time to review, but not junk, the SPC on traded power

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror THE Independent Electricity Market Operator of the Philippines (IEMOP) agrees that the secondary price cap (SPC), a mechanism that puts a ceiling on traded power whenever prices shoot up in […]
March 30, 2023

NGCP to DOE: Transmission projects devt to be fast-tracked

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror THE National Grid Corporation of the Philippines (NGCP) has accepted the challenge of the Department of Energy (DOE) to fast-track the development of transmission projects in the country. In a […]
March 30, 2023

Meralco, South Premiere ink 300-MW power supply deal

BY LENIE LECTURA – MARCH 29, 2023 from Business Mirror A Meralco lineman fixes cables on a street in Malate district in Manila in this recent photo. MANILA Electric Co. (Meralco) and South Premiere Power Corp. (SPPC) have executed an […]
March 29, 2023

DoE won’t intervene pending NGCP ancillary services appeal

By Ashley Erika O. Jose – March 28, 2023 | 8:12 pm from Business World NGCP.PH THE Department of Energy (DoE) said it is awaiting the Energy Regulatory Commission’s (ERC) ruling on an appeal filed by the National Grid Corp. of […]
March 29, 2023

DOE, DENR collaboration sought on incentivizing waste-to-energy ventures

BY MYRNA M. VELASCO – Mar 28, 2023 3:34 PM from Manila Bulletin An active and functional collaboration between the Department of Energy (DOE) and Department of Environment and Natural Resources (DENR) is being sought on incentivizing investments on the […]
March 28, 2023

Meralco urged to replace axed PSAs with RE sources

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror A Meralco lineman works on an electric cable in Las Piñas City in this file photo. CONSUMER and energy advocacy group Power for People Coalition (P4P) is hopeful that the […]
March 28, 2023

NGCP raises power supply alarm to brownouts

BY MYRNA M. VELASCO – Mar 27, 2023 1:08 PM from Manila Bulletin AT A GLANCE System operator National Grid Corporation of the Philippines (NGCP) raises alarm on high probabilities of brownouts due to artificial lack of power reserves The […]