Power News

January 6, 2023

Vivant unit buys solar power firm Cleantech

BY LENIE LECTURA – JANUARY 6, 2023 from Business Mirror THE power arm of Vivant Corp. is acquiring a solar power firm that has plans to put up a 22megawatt peak (MWp) solar power project in San Ildefonso, Bulacan. Vivant […]
January 6, 2023

EDC’s wind power projects OK for SIS

BY LENIE LECTURA – JANUARY 6, 2023 from Business Mirror LOPEZ-led Energy Development Corp. (EDC) has lined up six wind power projects that have been cleared by the Department of Energy (DOE) for the conduct of system impact studies (SIS). […]
January 6, 2023

Aboitiz Power secures P20-B loan from Landbank for RE

BY LENIE LECTURA – JANUARY 6, 2023 from Business Mirror Aboitiz Power Corp. (Aboitiz Power), through its clean energy subsidiary Aboitiz Renewables Inc. (ARI), has secured a P20-billion loan from the Land Bank of the Philippines (Landbank) to help attain […]
January 5, 2023

Spot market electricity prices rose in December on thin supply

By Alena Mae S. Flores –  January 4, 2023, 7:05 pm from manilastandard.net Electricity prices at the Wholesale Electricity Spot Market went up slightly in December because of thin supply despite the lower demand. Preliminary effective spot settlement price at […]
January 5, 2023

Nuclear decision to hinge on economics of BNPP rehab, compliance with safety rules

By Ashley Erika O. Jose – January 3, 2023 | 8:13 pm from Business World WIKIMEDIA COMMONS   THE decision to incorporate nuclear power into the energy mix now rests on project economics and the Philippines’ ability to comply with […]
January 5, 2023

EPIRA bills seek to promote competition

By Beatriz Marie D. Cruz – January 3, 2023 | 8:13 pm from Business World PROPOSED amendments to the Electric Power Industry Reform Act (EPIRA) of 2001 (Republic Act 9136) are focused on encouraging broader competition in the power industry, […]
January 4, 2023

Unit of Solar PHL to convert land for industrial purposes

BY LENIE LECTURA – JANUARY 4, 2023 from Business Mirror SP New Energy Corp. (SPNEC), a subsidiary of Solar Philippines, is working on the conversion of over 3,000 hectares into industrial use. The company told the stock exchange on Tuesday […]
January 4, 2023

Prime Infra unit forms Malampaya advisory council

BY LENIE LECTURA – JANUARY 4, 2023 from Business Mirror Prime Energy Resources Development B.V. (Prime Energy), a subsidiary of Razon-led Prime Infrastructure Capital Inc. (Prime Infra), has created an advisory council to ensure gas supply from the Malampaya gas […]
January 3, 2023

DOE presents 9 priorities to ensure power supply sufficiency during ‘critical’ periods

BY LENIE LECTURA – JANUARY 3, 2023 from Business Mirror THE Department of Energy (DOE) has outlined nine priorities for this year that are aligned with the administration’s strategy. On top of its list is the pursuit of contingency measures […]
January 3, 2023

NGCP seeks nod to recover typhoon-related expenses

BY LENIE LECTURA – JANUARY 3, 2023 from Business Mirror The National Grid Corporation of the Philippines (NGCP) is asking regulators to recover P177.27 million which it spent for the repair, restoration and rehabilitation of transmission assets and facilities damaged […]