Power News

July 26, 2022

Meralco among world’s most environmentally responsible firms

Richmond Mercurio – July 24, 2022 | 12:00am from The Philippine Star “As we forge ahead, we are committed to accelerating our sustainability transformation while meeting the needs of our recovering nation,” Meralco President and CEO Ray Espinosa said. STAR […]
July 26, 2022

Meralco H1 core, net profits grow; MVP upbeat on 2022

BY LENIE LECTURA – JULY 25, 2022 from Business Mirror THE Manila Electric Company (Meralco) expects to sustain its improving financial performance for the rest of the year after posting growth in core and net profits from January to June […]
July 25, 2022

Asia energy event to be held in PH

By The Manila Times – July 23, 2022 GLOBAL Zero Carbon Partnership and Escom Events will hold the World Clean Energy Conference Philippine Edition 2022 on August 31 to Sept. 1, 2022 in partnership with the Department of Energy (DoE). With the […]
July 25, 2022

Visayas infrastructure completed

By Eireene Jairee Gomez – July 23, 2022 from The Manila Times SPECTRUM, a wholly-owned subsidiary of the Manila Electric Co. (Meralco), has completed the energization of solar facilities in five PLDT business centers in the Visayas, helping advance the telecommunication firm’s push for […]
July 25, 2022

DOE bares details of winning green energy auction bidders

BY LENIE LECTURA – JULY 24, 2022 from Business Mirror THE Department of Energy (DOE) has released over the weekend the bid details of the winning bidders that participated in the country’s first green energy auction (GEA) held last month. […]
July 22, 2022

SMPC bags awards in Southeast Asia investor poll

By Myrna M. Velasco – July 21, 2022, 11:42 AM from Manila Bulletin Consunji-led Semirara Mining and Power Corporation clinched four awards in the 12th Institutional Investor Corporate Awards 2022 of Hong Kong-based Alpha Southeast Asia magazine. The recognition accorded […]
July 22, 2022

SC told to rethink decision to allow power rate hike

BY JOEL R. SAN JUAN – JULY 20, 2022 from Business Mirror Several party-list groups are asking the Supreme Court (SC) to reconsider its recent ruling which affirmed the validity of the decision of the Energy Regulatory Commission (ERC) allowing […]
July 21, 2022

CESI, Cebu firm ink power supply deal

BY LENIE LECTURA – JULY 20, 2022 from Business Mirror www.creit.com.ph Photo shows Citicore’s solar farm in Toledo City, Cebu. Citicore Energy Solutions Inc (CESI), the retail supply arm of Citicore Renewable Energy Corp. (CREC), will supply one megawatt (MW) […]
July 21, 2022

Alternergy secures DBP financing for hydro project

By Myrna M. Velasco – July 20, 2022, 1:10 PM from Manila Bulletin Pioneering Filipino-led renewable energy firm Alternergy has secured P600-million credit facility from the Development Bank of the Philippines (DBP) to bankroll its 4.6-megawatt Dupinga mini- hydropower project […]
July 21, 2022

BOI approves P2-B solar power plant project

By Bernie Cahiles-Magkilat – July 20, 2022, 12:31 PM from Manila Bulletin The Board of Investments (BOI) has approved the application for registration of PAVI Green Renewable Energy, Inc. for its P2-billion new solar power project in Naga that will […]