Power News
October 4, 2022
Published by admin at October 4, 2022
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BY LENIE LECTURA – OCTOBER 4, 2022 from Business Mirror Following the release of the revised Rules for the Setting Transmission Wheeling Rates (RTWR), the Energy Regulatory Commission (ERC) said Monday it would also review the distribution wheeling rates. “There […]
October 3, 2022
Published by admin at October 3, 2022
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BY LENIE LECTURA – OCTOBER 3, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has released the amended Rules for the Setting Transmission Wheeling Rates (RTWR), a direct charge that electricity consumers pay for the use of transmission facilities. […]
October 3, 2022
Published by admin at October 3, 2022
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BY LENIE LECTURA – OCTOBER 3, 2022 from Business Mirror The Manila Electric Co. (Meralco) is encouraging its customers to participate in its Interruptible Load Program (ILP) to ensure continuous and reliable electricity service. At end-September this year, Meralco’s ILP […]
October 1, 2022
Published by admin at October 1, 2022
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By Myrna M. Velasco – September 30, 2022, 3:09 PM from Manila Bulletin Government-run National Electrification Administration (NEA) is offering at least P50-million emergency loan to Occidental Mindoro Electric Cooperative Inc. (OMECO) so it can avert blackouts that could torment […]
October 1, 2022
Published by admin at October 1, 2022
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By Myrna M. Velasco – September 30, 2022, 2:24 PM from Manila Bulletin DOJ sustains 40% foreign RE ownership rule A legal opinion rendered by the Department of Justice (DOJ) has sustained the 40-percent ownership restriction being enforced on foreign […]
September 30, 2022
Published by admin at September 30, 2022
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BY LENIE LECTURA – SEPTEMBER 30, 2022 from Business Mirror ACEN Corp. said it is seeking board approval to acquire Sinocalan Solar Power Corp., which is developing a solar power farm in Pangasinan. The listed energy platform of the Ayala […]
September 30, 2022
Published by admin at September 30, 2022
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By Myrna M. Velasco – September 29, 2022, 4:04 PM from Manila Bulletin The board of directors of Ayala-led ACEN Corporation has given go-signal for the company to open new credit lines with Philippines biggest bank BDO, as well as […]
September 30, 2022
Published by admin at September 30, 2022
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By Bernie Cahiles-Magkilat – September 29, 2022, 1:24 PM from Manila Bulletin The Philippine Economic Zone Authority (PEZA) has inked a Memorandum of Understanding (MOU) with Upgrade Energy Philippines Inc. (UGEP) for the development of solar energy projects within the […]
September 29, 2022
Published by admin at September 29, 2022
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BY LENIE LECTURA – SEPTEMBER 29, 2022 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has a new president. On Wednesday, Aboitiz Power Corp. announced that Dennis de la Serna, the company’s First Vice President for […]
September 29, 2022
Published by admin at September 29, 2022
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By Myrna M. Velasco – September 28, 2022, 4:36 PM from Manila Bulletin The country would be able fetch P270.8 billion-worth of investments amid increasing renewable energy (RE) installations as power utilities comply with the Renewable Portfolio Standards (RPS), according […]