Power News

December 20, 2022

EDC adds more geothermal power projects in portfolio

BY BUSINESSMIRROR – DECEMBER 19, 2022 LOPEZ-led Energy Development Corp. (EDC) is adding more geothermal power projects in its portfolio of 1,185 megawatts (MW) meant to support the Philippines’ clean energy transition and reduce greenhouse gas emissions. EDC’s total installed […]
December 20, 2022

Alternergy to complete solar+BESS Palau project in 2022

By Myrna M. Velasco – December 19, 2022, 3:12 PM from Manila Bulletin Solar Pacific Energy Corporation (Solar Pacific), a subsidiary of Filipino-led firm Alternergy, is eyeing the completion of its solar photovoltaic (PV) and battery energy storage system (BESS) […]
December 19, 2022

Meralco, Aboitiz sign deal for 300-MW power supply

BY LENIE LECTURA – DECEMBER 19, 2022 from Business Mirror The Manila Electric Co. (Meralco) inked an emergency power supply agreement (EPSA) with GNPower Dinginin Ltd. of the Aboitiz Group for the supply of 300-MW baseload capacity starting December 15 […]
December 19, 2022

Aboitiz Power mulls over IPO of RE arm

BY BUSINESSMIRROR – DECEMBER 19, 2022 ABOITIZ Power Corp. is weighing the pros and cons of the possible listing of its renewable energy arm in the local bourse. Officials of the power firm said last week that an initial public […]
December 19, 2022

Aboitiz eyes 150MW LNG facility in Cebu

By Myrna M. Velasco – December 16, 2022, 4:24 PM from Manila Bulletin Listed firm Aboitiz Power Corporation is eyeing to develop a 150-megawatt power plant that will run on imported liquefied natural gas (LNG) to be sited adjacent to […]
December 17, 2022

Basic Energy to undertake reorganization

By Alena Mae S. Flores – December 16, 2022, 9:20 pm from manilastandard.net Basic Energy Corp. announced Friday it is undertaking reorganization to fast-track the development of renewable energy projects. Basic said in a disclosure to the stock exchange its […]
December 17, 2022

Aboitiz Power gets nod to study grid impact of 1,310-MW plant

By Alena Mae S. Flores – December 16, 2022, 8:20 pm from manilastandard.net Aboitiz Power Corp. secured a clearance from the Department of Energy to undertake a system impact study for Therma Subic Inc.’s planned 1,310-megawatt combined cycle power plant […]
December 16, 2022

Meralco, Aboitiz sign deal for 300-MW power supply

BY LENIE LECTURA – DECEMBER 16, 2022 from Business Mirror The Manila Electric Co. (Meralco) inked an emergency power supply agreement (EPSA) with GNPower Dinginin Ltd. of the Aboitiz Group for the supply of 300-MW baseload capacity starting December 15 […]
December 16, 2022

PNOC EC seeking partners for Palawan exploration program

BY LENIE LECTURA – DECEMBER 16, 2022 from Business Mirror PNOC Exploration Corp. (PNOC EC) is soliciting bid offers to pursue a joint exploration program in offshore Palawan, west of Balabac Island. In a bid invite, PNOC EC said it […]
December 16, 2022

ERC to fast-track PSA, capex approvals

By Myrna M. Velasco – December 15, 2022, 2:34 PM from Manila Bulletin With higher budget allocation, the Energy Regulatory Commission (ERC) indicated that it will pursue “digitalization” of its processes, so it can fast-track the approval of power supply […]