Power News

December 2, 2022

SC validates sale of Iligan plant to Alsons subsidiary

By Myrna M. Velasco – December 1, 2022, 5:04 PM from Manila Bulletin The Supreme Court has validated the divestment of the 103-megawatt IIigan diesel power facility to Conal Holdings Corporation (CHC), a subsidiary of the Alcantara-led Alsons Power Corporation. […]
December 2, 2022

Alternergy charts ‘triple play’ investment strategy in RE ventures

By Myrna M. Velasco – December 1, 2022, 1:08 PM from Manila Bulletin More than a decade ago, the contours of renewable energy (RE) investments in the Philippines had been framed and are being re-shaped through the years – and […]
December 1, 2022

Aboitiz BESS starts operations

BY LENIE LECTURA – DECEMBER 1, 2022 from Business Mirror Therma Marine Inc., a subsidiary of Aboitiz Power Corp. (AboitizPower), announced on Wednesday the start of the commercial operations of its first battery energy storage system (BESS). Located in Maco, […]
December 1, 2022

NEA names new officials of ISELCO

BY LENIE LECTURA – DECEMBER 1, 2022 from Business Mirror The National Electrification Administration (NEA) announced on Wednesday the appointments of key officials of Isabela Electric Cooperative (ISELCO). NEA Administrator Antonio Mariano C. Almeda said the Board of Administrators approved […]
November 30, 2022

Alsons welcomes SC ruling on sale of 2 diesel plants

By Alena Mae S. Flores November 29, 2022, 8:15 pm from manilastandard.net The Alsons Power Group lauded the Supreme Court decision upholding the Commission on Audit’s approval of the Iligan City government’s sale of two diesel power plants to the […]
November 30, 2022

First Gen sets redemption of P4.7 B worth of preferred shares

By Myrna M. Velasco – November 29, 2022, 9:52 AM from Manila Bulletin Lopez-led First Gen Corporation has scheduled for December the redemption of various preferred shares worth P4.7 billion by its investors, as approved by the company’s board of […]
November 29, 2022

ERC issues order suspending collection of FIT-All

BY LENIE LECTURA – NOVEMBER 29, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has released an order suspending the collection of the Feed-in-Tariff Allowance (FIT-All) from December until February next year. “In light of the rising level of […]
November 29, 2022

SolGen steps into power issue

By Alena Mae S. Flores – November 29, 2022, 1:50 am from manilastandard.net Looks for ways to lift TRO on SMCGP-Meralco power supply deal The Office of the Solicitor General is working with the Energy Regulatory Commission (ERC) on ways […]
November 29, 2022

Red alerts tormenting Luzon grid power supply again

By Myrna M. Velasco – November 28, 2022, 1:52 PM from Manila Bulletin From the rotational brownouts on Sunday and the momentary declaration of “red alert” on Monday, Nov. 28, alarm bells are being raised that consumers may need to […]
November 28, 2022

ERC to review ‘market share limit’ of storage system

By Myrna M. Velasco – November 27, 2022, 8:30 PM from Manila Bulletin The Energy Regulatory Commission (ERC) will review the market share limitation of battery energy storage system (BESS) given its current classification as a “generation” capacity based on […]