Power News

June 6, 2022

Malampaya loses Ilijan’s 1,200 MW supply contract

By Myrna M. Velasco – June 5, 2022, 9:42 AM from Manila Bulletin The depleting Malampaya field lost the 1,200-megawatt Iljan plant as a major gas-offtaker (buyer) of its output starting this June 6, as the buyer will no longer […]
June 4, 2022

Cusi lauds Razon investment in Malampaya natural gas project

By Danessa Rivera – June 4, 2022 | 12:00am from The Philippine Star MANILA, Philippines — Energy Secretary Alfonso Cusi has welcomed the potential entry of tycoon Enrique Razon in the Malampaya deep-water gas-to-power project through Prime Infra Holdings Inc., […]
June 4, 2022

First solar net-metered community in Philippines launched

By Angelica Y. Yang – June 2, 2022 | 1:36pm from Philstar.com This is a picture of solar panels. STAR / File MANILA, Philippines (Updated, 4:17 p.m.) — Real estate company Imperial Homes Corp. (IHC) announced the launch of the country’s first […]
June 4, 2022

ERC sets solar net metering for residential

By Myrna M. Velasco – June 3, 2022, 2:49 PM from Manila Bulletin With its regulatory imprimatur, the Energy Regulatory Commission (ERC) is paving the way for more affordable electricity to household consumers via a net metering program utilizing solar […]
June 3, 2022

Razon buying Uy’s controlling stake in Malampaya field

By Myrna M. Velasco – June 2, 2022, 10:27 AM from Manila Bulletin Razon-led Prime Infra Holdings Inc. has announced plan to acquire majority shares of the controlling stake held by Davao businessman Dennis Uy in the depleting Malampaya gas […]
June 2, 2022

SPC remains bullish on planned RE investments

By Myrna M. Velasco – June 1, 2022, 4:11 PM from Manila Bulletin Despite downturn in financial performance last year, Henares-led SPC Power Corporation has indicated that it is still upbeat on targeted renewable energy (RE) investments as well as […]
June 2, 2022

SMC Global Power to raise up to P40 B from bonds

By James A. Loyola – June 1, 2022, 3:35 PM from Manila Bulletin SMC Global Power Holdings Corporation is planning to raise up to P40 billion from the issuance of bonds consisting of a P30-billion float with an oversubscription of […]
June 2, 2022

ERC amends 2006 OATS rules

BY LENIE LECTURA – JUNE 2, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has amended the Open Access Transmission Service (OATS) rules to synchronize with the commission’s existing rules. ERC Chairperson and CEO Agnes VST Devanadera said the […]
June 2, 2022

73 RE projects qualified to bid for 2,000MW capacity auction

By Myrna M. Velasco – June 1, 2022, 11:04 AM from Manila Bulletin About 73 projects have been qualified to bid for the 2,000 megawatts of renewable energy (RE) capacities to be administered by the Department of Energy (DOE) this […]
June 1, 2022

ERC orders 3 power utilities to refund customers

By Myrna M. Velasco – May 31, 2022, 3:16 PM from Manila Bulletin At least three electric cooperatives (ECs) in the Luzon and Visayas grids had been ordered by the Energy Regulatory Commission (ERC) to refund their customers aggregate P293.891 […]