Power News

May 3, 2022

‘Semirara has enough coal stocks’

BY LENIE LECTURA – MAY 3, 2022 from Business Mirror As coal demand and prices intensify, Consunji-led Semirara Mining and Power Corp. (SMPC) said Monday it won’t run out of coal reserves even if its coal operating contract (COC) expires […]
May 2, 2022

Meralco PowerGen mulls foreign partners for wind projects

By Myrna M. Velasco – May 1, 2022, 8:00 PM from Manila Bulletin Meralco PowerGen Corporation, a power generation subsidiary of Manila Electric Company (Meralco), will be tapping foreign partners for targeted investments in offshore wind farm installations. “We are […]
May 2, 2022

Aboitiz Power plans to develop 721 MW of renewables in three years

By Alena Mae S. Flores May 1, 2022, 6:35 pm from manilastandard.net Aboitiz Power Corp. will develop 721 megawatts of renewable energy projects over the next three years as part of its clean energy expansion, a top executive said over […]
April 30, 2022

Aboitiz Power bares data innovation plan

By Alena Mae S. Flores – April 29, 2022, 6:45 pm from manilastandard.net Aboitiz Power Corp., in partnership with Aboitiz Data Innovation, recently launched its Data Innovation Program to help reduce the cost of electricity and improve power reliability and […]
April 30, 2022

WESM settlement prices down in April

By Myrna M. Velasco – April 29, 2022, 3:23 PM from Manila Bulletin With higher capacity availability from power plants, the settlement prices at the Wholesale Electricity Spot Market (WESM) had softened to P6.26 per kilowatt hour (kWh) this April […]
April 29, 2022

Meralco to bid out new 1,100MW power supply deals

By Myrna M. Velasco – April 28, 2022, 2:41 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) will be undertaking fresh round of competitive selection process (CSP) to auction power supply agreements (PSAs) covering 1,100 megawatts for […]
April 29, 2022

PXP Energy to pursue other oil, gas exploration projects

BY LENIE LECTURA – APRIL 28, 2022 from Business Mirror Listed upstream oil and gas firm PXP Energy Corp. and its subsidiary, Forum Ltd., will pursue other exploration projects in the country after the Department of Energy (DOE) ordered an […]
April 28, 2022

Aboitiz Power income down 53% to P2.9 B in 1st quarter

By Myrna M. Velasco – April 27, 2022, 2:19 PM from Manila Bulletin The consolidated net income of listed firm Aboitiz Power Corporation significantly dropped by 53 percent to P2.9 billion in this year’s first quarter from heftier earnings of […]
April 28, 2022

EDC’s Mindanao plant starts delivery to Mindanao grid

By Myrna M. Velasco – April 27, 2022, 2:59 PM from Manila Bulletin The 3.6-megawatt binary expansion of the Mindanao geothermal power plant of Lopez-led Energy Development Corporation (EDC) is now delivering capacity into the grid, hence, reinforcing Mindanao’s portfolio […]
April 27, 2022

MGen eyes offshore wind projects

BY LENIE LECTURA – APRIL 26, 2022 from Business Mirror Meralco PowerGen Corp. (MGen) has signified its interest to develop offshore wind power projects and team up with foreign investors. “Yes, we are very interested in offshore wind. These are […]