Power News

September 20, 2022

PNOC-RC to pursue various renewable projects

By Richmond Mercurio – September 20, 2022 | 12:00am from The Philippine Star MANILA, Philippines — PNOC-Renewables Corp. (PNOC-RC), the renewable energy arm of state-run Philippine National Oil Co., plans to pursue various renewable energy projects next year, its president […]
September 19, 2022

NGCP issued show cause orders over AS procurement

BY LENIE LECTURA – SEPTEMBER 19, 2022 from Business Mirror   The Energy Regulatory Commission (ERC) has issued show cause orders (SCOs) to the National Grid Corporation of the Philippines (NGCP) for failure to comply with the directives of the […]
September 19, 2022

TransCo pays P23.74-B FIT claims

By Myrna M. Velasco – September 18, 2022, 8:30 PM from Manila Bulletin Fund administrator National Transmission Corporation (TransCo) has settled P23.74-billion worth of feed-in-tariff (FIT) claims for grid-injected capacities on renewable energy (RE) developers last year, according to company […]
September 19, 2022

NPC bares rehab plan for Agus power plants

By Alena Mae S. Flores – September 18, 2022, 6:50 pm from manilastandard.net National Power Corp. (NPC) will pursue the rehabilitation of the Agus hydropower plants in Mindanao at a cost of P12.5 billion and set the notice of a […]
September 17, 2022

ACEN Australian unit inks loan deal

BY LENIE LECTURA – SEPTEMBER 16, 2022 from Business Mirror ACEN Corp. subsidiary ACEN Australia and MUFG Bank Ltd. executed a facility agreement for a A$140-million green long-term loan. The loan facility was finalized on September 15. Also, MUFG and […]
September 17, 2022

Solar rooftop seen as solution to PH power crisis

By Myrna M. Velasco – September 15, 2022, 3:10 PM from Manila Bulletin The installation of solar rooftops on homes as well as businesses is seen as a key solution to the recurring power crisis that has been tormenting the […]
September 16, 2022

WESM prices surged by P2 in first 10 days of September

By Alena Mae S. Flores – September 14, 2022, 8:00 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines reported an increase in the average prices at the Wholesale Electricity Spot Market by P2 per kilowatt-hour in the […]
September 16, 2022

PetroEnergy sells 25% equity in RE unit to Japanese firm

By Myrna M. Velasco – September 15, 2022, 2:19 PM from Manila Bulletin The renewable energy investment arm of Yuchengco-led PetroEnergy Resources Corporation (PERC) sold 25 percent of its shareholdings to Japanese firm Kyuden International Corporation (KIC), a wholly owned […]
September 16, 2022

Under-construction generating facilities still mostly coal-fired

By Ashley Erika O. Jose – September 14, 2022 | 7:38 pm from Business World PIXABAY COAL FACILITIES made up just over half of power plants under construction in the 2022-2027 period, the Department of Energy (DoE) said. The capacity […]
September 16, 2022

NGCP ‘in discussions’ with DoE to ensure adequate power supply

By Ashley Erika O. Jose – September 14, 2022 | 7:36 pm from Business World NGCP.PH THE National Grid Corp. of the Philippines (NGCP) said it is in talks with the Department of Energy (DoE) to ensure sufficient power, after […]