Power News

April 22, 2022

NGCP allots bulk of capex for transmission projects

BY LENIE LECTURA – APRIL 21, 2022 from Business Mirror The National Grid Corporation of the Philippines (NGCP) is awaiting the Energy Regulatory Commission’s (ERC) approval for the implementation of its P160-billion capital expenditure (capex) that would mainly be spent […]
April 22, 2022

Citicore Energy REIT’s income jumps to P226m

By Alena Mae S. Flores – April 20, 2022, 7:25 pm from manilastandard.net Citicore Energy REIT Corp., the country’s first energy REIT, reported a net income of P226 million in 2021, or more than double the previous year’s P104 million […]
April 22, 2022

NEA identifies seven ailing electric cooperatives nationwide

By Alena Mae S. Flores – April 19, 2022, 7:10 pm from manilastandard.net Seven electric cooperatives of the total 121 ECs nationwide continue to be “ailing,” the National Electrification Administration said in its latest report. ECs labeled as “red” under […]
April 21, 2022

First Gen donates solar panels

BY LENIE LECTURA – APRIL 20, 2022 from Business Mirror First Gen Corp. said Wednesday it donated solar panels to targeted state facilities in the city of Tuguegarao and Cagayan province as part of its efforts to promote climate change […]
April 21, 2022

Offshore wind seen helping PHL meet energy demand

BY LENIE LECTURA – APRIL 20, 2022 from Business Mirror The Philippines has the potential to install 21 gigawatts (GW) of offshore wind power, based on the new roadmap released by the Department of Energy (DOE) and the World Bank […]
April 20, 2022

ACEN sells power barge for P39.2M

BY LENIE LECTURA – APRIL 19, 2022 from Business Mirror AC Energy Corp. (ACEN) has sold its power barge for P39.2 million to SPC Power Corp. ACEN and SPC executed on April 19 the deed of absolute sale for the […]
April 20, 2022

Raslag seeks nod for solar project

BY LENIE LECTURA – APRIL 19, 2022 from Business Mirror Raslag Corp., a solar power provider owned by the Nepomuceno Group of Companies based in Pampanga, is asking the regulators to approve its application to develop, own, and operate a […]
April 20, 2022

Napocor plans to boost power capacity

BY BERNADETTE D. NICOLAS – APRIL 19, 2022 from Business Mirror State-run National Power Corp. (Napocor) is aiming to further expand power capacity additions and transmission lines in off-grid areas in the country by the end of Duterte’s term. Napocor […]
April 19, 2022

NGCP concludes partial restoration of typhoon-damaged facilities

By Myrna M. Velasco – April 18, 2022, 4:35 PM from Manila Bulletin Transmission firm National Grid Corporation of the Philippines (NGCP) has partly completed the restoration of transmission facilities that had been toppled down by tropical storm Agaton recently. […]
April 19, 2022

Power auction gets DOE nod

BY LENIE LECTURA – APRIL 18, 2022 from Business Mirror THE Department of Energy (DOE) has given the Manila Electric Co. the green light to proceed with the second round of competitive bidding for the 850megawatt renewable energy (RE) mid-merit […]