Power News

August 9, 2022

Aboitiz gets grant from Washington

BY LENIE LECTURA – AUGUST 8, 2022 from Business Mirror Aboitiz Power Corp. has secured a grant from the United States Trade and Development Agency (USTDA) for the conduct of a feasibility study for potential offshore wind projects in the […]
August 8, 2022

SPBBC eyes deal with Meralco

BY LENIE LECTURA – AUGUST 8, 2022 from Business Mirror Solar Philippines Batangas Baseload Corp. (SPBBC), a subsidiary of Solar Philippines, has offered to supply the Manila Electric Co. (Meralco) with up to 200 megawatts (MW) of solar-plus-storage hybrids that […]
August 8, 2022

Gov’t hikes new RE installations target to 52,826MW

By Myrna M. Velasco – August 6, 2022, 11:11 AM from Manila Bulletin Gov’t hikes new RE installations target to 52,826MW The Philippine government is scaling up target on renewable energy (RE) installations to 52,826 megawatts within 20-year development span, […]
August 6, 2022

New ERC Chair urged to prioritize power consumers

By Myrna M. Velasco – August 5, 2022, 3:22 PM from Manila Bulletin Newly-designated Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta is being prodded this early to “prioritize the welfare” of Filipino consumers in her new role as chief […]
August 6, 2022

SMC Global Power suffers P1.831-B net loss in 1st half

By Myrna M. Velasco – August 5, 2022, 2:25 PM from Manila Bulletin SMC Global Power Holdings Corporation (SMCGP), the power generation investment arm of San Miguel Corp., suffered a net loss of P1.831 billion in the first semester this […]
August 5, 2022

Meralco expects upward adjustment this August

By Myrna M. Velasco – August 4, 2022, 3:25 PM from Manila Bulletin With the repricing of fuel supply from the Malampaya gas field, power utility giant Manila Electric Company (Meralco) is expecting upward adjustment in the electric bills to […]
August 5, 2022

Aboitiz legal counsel appointed ERC chairperson

By Myrna M. Velasco – August 4, 2022, 12:47 PM from Manila Bulletin The Office of the President has released on Wednesday, Aug. 3, the appointment papers of the new Energy Regulatory Commission chairperson lawyer Monalisa Carneo Dimalanta, who served […]
August 5, 2022

Meralco expects 4.6% rise in annual demand

By Alena Mae S. Flores – August 4, 2022, 6:20 pm from manilastandard.net Power retailer Manila Electric Co. said Thursday it expects peak demand to grow by an average of 4.6 percent annually, driven by increased economic activity. “As economic […]
August 4, 2022

SMPC profit in Q2 more than doubles

BY LENIE LECTURA – AUGUST 3, 2022 from Business Mirror CONSUNJI-led Mining and Power Corp. (SMPC) booked a 171-percent increase in net income in the second quarter to P10.8 billion from the P4 billion reported a year ago. All-time high […]
August 4, 2022

Samat seeks DOE nod for LNG terminal

BY LENIE LECTURA – AUGUST 3, 2022 from Business Mirror The Department of Energy (DOE) has received an application from Samat LNG Corp. to proceed with its plan to put up a liquefied natural gas (LNG) terminal in Mariveles, Bataan. […]