Power News

November 19, 2024

Bugallon solar project gains nat’l significance

By Maria Bernadette Romero – 18 Nov 2024, 17:20 from Daily Tribune The 25-megawatt Bugallon Solar Power Project (BSPP) of Bugallon Green Energy Corp. (BGEC), an affiliate of the Yuchengco Group, has been recognized by the Department of Energy (DOE) […]
November 18, 2024

ERC issues ruling on Meralco

By Lenie Lectura – November 18, 2024 from Business Mirror Customers of the Manila Electric Co. (Meralco) would have to await awhile for a possible refund, estimated at P16 billion, after the Energy Regulatory Commission (ERC) released last Friday its […]
November 18, 2024

‘Average power rate of ECs in Mindanao highest in PHL’

By Business Mirror and Cai U. Ordinario – November 18, 2024 Electric cooperatives (ECs) in Mindanao charged the highest power rates nationwide in 2023, according to data from the Philippine Statistics Authority (PSA). Based on the PSA’s Compendium of Philippine […]
November 18, 2024

Meralco, French firm eyeing PH nuke plants

By Ed Paolo Salting – November 18, 2024 from The Manila Times MANILA Electric Company (Meralco) is in talks with France for a feasibility study on building conventional nuclear power facilities in the Philippines. In an interview on Friday night, […]
November 18, 2024

Energy efficiency’s’ hidden power’

By Myrna M. Velasco – Nov 18, 2024 06:06 AM from Manila Bulletin At a glance #EnergyEfficiency #PE2Alliance #EnergyMix #IEA #ClimateChange Every kilowatt saved cuts costly power capacity additions and puts money back into consumers’ pockets – that’s the “hidden […]
November 16, 2024

24 green projects up for grid impact study

By Brix Lelis – November 15, 2024 | 12:00am from The Philippine Star The SIS endorsements were issued last month, consisting of 23 renewable power developments and one battery energy storage system (BESS) project. MANILA, Philippines — The Department of […]
November 16, 2024

CREC benefits from robust power sales

By Lisbet K. Esmael – 02:37 PM November 15, 2024 from @lisbetesmael / @inquirerdotnet / Philippine Daily Inquirer Construction magnate Edgar Saavedra-led firm Citicore Renewable Energy Corp. (CREC) posted a 6-percent increase in its bottom line reaching P756 million, with […]
November 16, 2024

PetroEnergy profits dip despite renewable energy boost

By Gabriell Christel Galang – Nov 15, 2024 03:46 PM from Manila Bulletin Yuchengco-led Petro Energy Resources Corporation (PERC) reported lower net income growth despite higher electricity sales during the first nine months of 2024. In a disclosure to the […]
November 16, 2024

Canada, France offer nuclear support to Philippines

By Gabriell Christel Galang – Nov 14, 2024 04:53 PM from Manila Bulletin The governments of Canada and France have expressed their interest in providing support and expertise to help boost the Philippines’ nuclear energy ambitions. The Department of Energy […]
November 15, 2024

Vivant profit drops sans one-time gain

By Lenie Lectura – November 14, 2024 from Business Mirror Cebu-based energy and water firm Vivant Corp. ended the nine months of the year with a net income of P1.7 billion, slightly lower than the P2 billion it posted at […]