Power News

January 16, 2025

Vena reaches financial close for 550-MW solar project

By Alena Mae S. Flores – January 15, 2025, 7:55 pm from manilastandard.net Vena Energy, a leading green solutions provider in the Asia-Pacific region, in partnership with MGen Renewable Energy Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. […]
January 16, 2025

AboitizPower subsidiary to take over wind project

By Ed Paolo Salting – January 15, 2025 from The Manila Times ABOITIZ Power Corp. (AboitizPower) said on Tuesday that its subsidiary, Aboitiz Renewables Inc. (ARI), would be taking full control of Cornerstone Energy Development Inc. (CEDI) after a joint […]
January 15, 2025

NGCP maintains compliance with existing regulations

By Delon Porcalla – January 15, 2025 | 12:00am from The Philippine Star “During the time that NGCP continued working despite the lack of a regulatory reset process, we followed the latest approved rules, since we had no choice as […]
January 15, 2025

NEA issues rules for tax exemption of electric co-ops

By Lenie Lectura – January 14, 2025 from Business Mirror THE National Electrification Administration (NEA) has laid down the criteria and parameters for electric cooperatives (ECs) who want to avail exemptions from local taxes, fees and charges in their respective […]
January 14, 2025

Meralco lowers power rates for Jan.

By Sheldeen Joy Talavera, Reporter – January 14, 2025 | 12:35 am from Business World A lineman inspects electric meters in Tondo, Manila. Manila Electric Co. on Monday announced power rates will go down in January. — PHILIPPINE STAR/RYAN BALDEMOR […]
January 14, 2025

Aboitiz Power unit seeks to connect floating solar plant to grid

By Alena Mae S. Flores – January 13, 2025, 8:00 pm from manilastandard.net Northern Sun Radiance Inc. (NSRI), a unit of Aboitiz Power Corp., is seeking the Energy Regulatory Commission’s approval to build a dedicated power line to connect its […]
January 14, 2025

DOE seeks longer loans, cheaper financing for renewables

By Gabriell Christel Galang – Jan 13, 2025 05:14 PM from Manila Bulletin The Department of Energy (DOE) has sought the assistance of the Bangko Sentral ng Pilipinas (BSP) and multilateral development banks to improve financing options and secure longer […]
January 13, 2025

Philippines to add 7,000 MW of power in 2025

By Gabriell Christel Galang – Jan 13, 2025 05:33 AM from Manila Bulletin The Department of Energy (DOE) has recorded nearly 7,000 megawatts (MW) worth of power projects slated for completion in 2025. Data listing all private sector-initiated projects for […]
January 13, 2025

Meralco cuts January electricity rate by P0.2189 per kWh

By Lisbet K. Esmael @lisbetesmael – 12:01 PM January 13, 2025 from inquirer.net / Philippine Daily Inquirer Customers of Manila Electric Co. (Meralco) will get a sigh of relief as the power distributor announced lower electricity rates for January. After […]
January 13, 2025

ERC: Proposal to assign more commissioners not necessary

By Alena Mae S. Flores – January 12, 2025, 7:30 pm from manilastandard.net The Energy Regulatory Commission (ERC) expressed misgivings over proposals to increase the number of commissioners to nine from five, saying this would make the agency “too bureaucratic.” […]