Power News

September 12, 2022

SN Aboitiz plans to build more battery energy storage systems

By Alena Mae S. Flores – September 11, 2022, 7:10 pm from manilastandard.net SN Aboitiz Power Corp. plans to put up more battery energy storage systems across the company’s hydropower facilities, an executive said over the weekend. “We’re looking at […]
September 12, 2022

Solar panel manufacturer might consider investing in PH

By Bernie Cahiles-Magkilat – September 11, 2022, 11:45 PM from Manila Bulletin Trina Solar, world’s leading solar panel manufacturer based in China, said that manufacturing is an option they might consider for the Philippines given “favorable conditions” as the company […]
September 12, 2022

Congress seeks proof of SPEX-Udenna Malampaya sale deal

By Myrna M. Velasco – September 11, 2022, 8:30 PM from Manila Bulletin The House Committee on Appropriations has directed the Department of Energy (DOE) to submit this month the copy of the share purchase agreement (SPA) that was signed […]
September 9, 2022

Meralco rates up by P0.3907/kWh in September billing

By Myrna M. Velasco – September 8, 2022, 3:14 PM from Manila Bulletin The customers of Manila Electric Company (Meralco) customers will shoulder higher power rate in their electric bills this month as the rate pass-on of the giant utility […]
September 9, 2022

SPNEC’s P2.8-B SRO fully subscribed

By James A. Loyola – September 8, 2022, 2:45 PM from Manila Bulletin Solar Philippines Nueva Ecija Corporation’s (SPNEC) P2.8 billion stock rights offering has been fully subscribed due to strong demand from its existing shareholders despite the challenging market […]
September 8, 2022

First Gen unit to finish construction of LNG terminal in Q1 2023

BY LENIE LECTURA – SEPTEMBER 8, 2022 from Business Mirror FGEN LNG Corp. (FGEN LNG), a wholly-owned subsidiary of First Gen Corp. (First Gen), said Wednesday it expects to complete the construction of its Interim Offshore LNG Receiving Terminal by […]
September 8, 2022

ERC blamed for recurring provincial brownouts

By Myrna M. Velasco – September 7, 2022, 2:21 PM from Manila Bulletin The very slow pace of evaluation and approval by the Energy Regulatory Commission (ERC) on the application for capital expenditures (capex) of electric cooperatives (ECs) and other […]
September 8, 2022

Nuclear chief backs separate regulator

By Ashley Erika O. Jose – September 7, 2022 | 7:57 pm from Business World PNRI.DOST.GOV.PH THE director of the Philippine Nuclear Research Institute (PNRI) told Congress that it must create a separate body to regulate the industry as the […]
September 8, 2022

Energy outlook for 2023 under review amid volatile gas market

By Ashley Erika O. Jose – September 6, 2022 | 7:55 pm from Business World THE PHILIPPINES will have sufficient power until December, though the outlook for 2023 will need to be reviewed because of volatility in the gas market, […]
September 7, 2022

Consortium to invest in Palawan microgrid

BY LENIE LECTURA – SEPTEMBER 7, 2022 from Business Mirror www.wenergyglobal.com   Archipelago Renewables Corp., the special purpose vehicle of Maharlika Consortium, is investing P1 billion for the construction of a smart microgrid in Palawan. The consortium is composed of […]