Power News

December 30, 2024

CREIT to develop 32 solar, wind projects across Luzon, Visayas

By Gabriell Christel Galang – Dec 27, 2024 02:25 PM from Manila Bulletin Renewable energy real estate investment trust Citicore Energy REIT Corporation (CREIT) announced plans to complete 32 clean power projects across Luzon and Visayas within the next five […]
December 28, 2024

Aboitiz energy retailers to source supply from EPI

By Lisbet K. Esmael – 02:26 AM December 28, 2024 from inquirer.net / Philippine Daily Inquirer Emerging Power Inc. (EPI), the energy company of Nickel Asia Corp., has clinched a deal to provide supply to two retail electricity units of […]
December 28, 2024

ACEN extends maturity of P4.7-B Greencore loan

By Ed Paolo Salting – December 28, 2024 from The Manila Times ACEN Corp. on Friday said that its executive committee had approved the extension of the maturity of a P4.7-billion loan provided to Greencore Power Solution 3, a joint […]
December 27, 2024

Meralco sees 6.3% hike in sales volume

By Lorenz S. Marasigan – December 27, 2024 from Business Mirror MANILA Electric Co. (Meralco) expects its consolidated sales volume to expand by 6.3 percent in 2024, projecting an increase from 51,044 gigawatt-hours (GWh) in 2023 to a forecasted 54,259 […]
December 27, 2024

ERC defers green energy auction allowance guidelines, citing unresolved issues

By Gabriell Christel Galang – Dec 26, 2024 01:53 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has deferred the release of guidelines for the Green Energy Auction Allowance (GEA-All) and the Renewable Energy Payment Agreement (REPA) for the […]
December 26, 2024

ERC caps reserve market price at P25/kilowatt-hour

By Sheldeen Joy Talavera – December 26, 2024 | 12:04 am from Business World PHILSTAR FILE PHOTO  THE Energy Regulatory Commission (ERC) has set the ceiling price for the power reserve market at P25 per kilowatt-hour (kWh), subject to review […]
December 26, 2024

PSALM selling real estate estates worth over P380m

By Alena Mae S. Flores – December 25, 2024, 7:50 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. is selling its Bantay and Talon properties with a combined minimum bid price of P389 million. PSALM said in […]
December 25, 2024

Lihangin seeks to connect wind project to Visayas grid

By Alena Mae S. Flores – December 24, 2024, 7:45 pm from manilastandard.net Lihangin Wind Energy Corp. asked the Energy Regulatory Commission for provisional approval to connect its 206.25-megawatt San Isidro wind power project to the Visayas grid through a […]
December 25, 2024

Advent Energy to ramp up solar power capacity with P1.8-billion investment

By Gabriell Christel Galang – Dec 24, 2024 08:54 AM from Manila Bulletin Advent Energy, Inc., a subsidiary of Aboitiz Power Corporation, announced plans to deliver more renewable energy (RE) projects by 2025, with a focus on solar power. In […]
December 25, 2024

Tycoons get PCC nod for $3.3 billion LNG deal

By Brix Lelis – December 24, 2024 | 12:00am from The Philippine Star The Philippine Competition Commission (PCC) has approved the $3.3-billion liquefied natural gas (LNG) deal among tycoons Manuel V. Pangilinan, Ramon Ang and Sabin Aboitiz, a landmark development […]