Power News

January 27, 2023

Vivant unit, JDC tie up for solar project

BY LENIE LECTURA – JANUARY 27, 2023 from Business Mirror Property developer JEG Development Corp. (JDC) and Vivant COREnergy Inc. (COREnergy) on Thursday announced their partnership for a solar power project. COREnergy and JDC launched the 37kWp (kilowatt peak) rooftop […]
January 27, 2023

WESM-Mindanao starts operation

BY LENIE LECTURA – JANUARY 27, 2023 from Business Mirror The commercial operation of the Wholesale Electricity Spot Market (WESM) in Mindanao finally happened on Thursday, more than five years after it was launched. The Department of Energy (DOE) said […]
January 27, 2023

MSpectrum completes two solar rooftop projects

By Alena Mae S. Flores – January 26, 2023, 6:25 pm from manilastandard.net MSpectrum, Inc., a wholly-owned subsidiary of Manila Electric Co., said Thursday it held the ceremonial turnover of solar rooftop projects for The Orchard Golf and Country Club […]
January 26, 2023

Meralco to procure supply from spot market as 300-MW GNPower deal ended

By Alena Mae S. Flores – January 25, 2023, 8:20 pm from manilastandard.net Power retailer Manila Electric Co. said Wednesday it would start procuring supply from the Wholesale Electricity Spot Market after its 30-day emergency agreement with Aboitiz Power Corp.-controlled […]
January 26, 2023

PSALM plans to launch privatization of Caliraya hydropower plants in 2023

By Alena Mae S. Flores – January 25, 2023, 7:50 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. plans to to kick off the privatization of the 797.92-megawatt Caliraya-Botocan-Kalayaan hydropower plants this year. PSALM president Dennis de […]
January 26, 2023

Ayala unit to spend P16B for solar farm’s expansion

BY LENIE LECTURA AND VG CABUAG – JANUARY 26, 202 from Business Mirror ACEN Corp., the listed energy platform of the Ayala Group, said it has allotted P16 billion for the expansion of its solar power project in Zambales. The […]
January 25, 2023

ERC: Net metering scheme attracts 7,583 local users

BY LENIE LECTURA – JANUARY 25, 2023 Business Mirror Nine years after the net metering scheme was implemented, the Energy Regulatory Commission (ERC) said it recorded 7,583 qualified end-users that signed up for the program at the end of 2022. […]
January 25, 2023

P0.79/kWh rate hike seen with Malampaya shutdown

By Myrna M. Velasco – January 24, 2023, 3:30 PM from Manila Bulletin The roughly 7.5 million customers being served by power utility giant Manila Electric Company (Meralco) will have to brace for P0.7897 per kilowatt hour (kWh) hike in […]
January 24, 2023

PSALM eyes concession agreement for Agus-Pulangi hydro complex

By Alena Mae S. Flores – January 23, 2023, 7:10 pm from manilastandard.net State-run Power Assets and Liabilities Management Corp. is studying the privatization of the Agus-Pulangi hydro complex in Mindanao through a concession agreement. PSALM president Dennis de la […]
January 23, 2023

Ex-ICTSI exec joins board of Prime Infra

BY LENIE LECTURA – JANUARY 23, 2023 from Business Mirror   The former executive vice president and chief financial officer of International Container Terminal Services Inc. (ICTSI) has joined the board of directors of Razon-led Prime Infra. Martin O’Neil replaced […]