Power News

April 1, 2022

Meralco to put up P140-M substation in Laguna

BY LENIE LECTURA – MARCH 31, 2022 from Business Mirror THE Manila Electric Co. (Meralco) is putting up a substation worth P140 million to ensure that the country’s largest hyperscale data center will have reliable and high-quality electricity service. The […]
April 1, 2022

‘Luzon power peak demand breaches pre-Covid level’

BY LENIE LECTURA – MARCH 31, 2022 from Business Mirror Luzon’s peak demand for power hit 11,617 megawatts (MW) last March 23, surpassing the pre-pandemic level of 11,307MW in June 2019 and last year’s peak at 11,601MW in June, the […]
April 1, 2022

AC Energy inks subscription deal with unit

BY LENIE LECTURA – MARCH 31, 2022 from Business Mirror AC Energy Corp. (ACEN) will shell out $140.20 million for the share subscription it inked with its subsidiary, ACEN Renewables International Pte. Ltd. ACEN said Thursday it had signed a […]
March 31, 2022

ERC probes simultaneous power plant shutdowns

By Myrna M. Velasco – March 30, 2022, 2:12 PM from Manila Bulletin Eagle-eyed Energy Regulatory Commission (ERC) has stepped up investigation on the simultaneous unplanned shutdowns of habitually-delinquent power plants that plunged Luzon grid anew into “yellow alert” condition […]
March 31, 2022

IFC, Aboitiz to explore renewable energy viability

By Chino S. Leyco – March 30, 2022, 1:32 PM from Manila Bulletin The International Finance Corp. (IFC) and AboitizPower Corp. have signed an agreement to help assess the viability of renewable energy as a source of base load power […]
March 31, 2022

ACEN ramps up ‘green energy’ contracts

By Myrna M. Velasco – March 30, 2022, 11:57 AM from Manila Bulletin Ayala-led AC Energy has been ramping up its offer to qualified customers who will choose renewable energy (RE) technologies in meeting their electricity needs. The company said […]
March 30, 2022

EDC green bonds lauded

BY LENIE LECTURA – MARCH 29, 2022 from Business Mirror Businesses may now choose renewable energy and get them directly from licensed retail electricity suppliers like EDC’s BacMan Geothermal, Inc. Energy Development Corp.’s (EDC) P5-billion dual tranche Asean Green Bond […]
March 30, 2022

Transitioning to Renewable Energy: Stakeholders play vital role in decarbonizing our planet

By Peter Paul Duran March 28, 2022, 7:20 pm from manilastandard.net “Abundant geothermal resource in PH key in providing 24/7 clean, 100% renewable energy” We’ve been taught since primary school that with human ingenuity, great things can be accomplished. One […]
March 30, 2022

SPNEC’s board approves P3.3-b stock rights offer

By Jenniffer B. Austria March 29, 2022, 8:25 pm from manilastandard.net Solar Power Nueva Ecija Corp. plans to raise up to P3.3 billion from a stock rights offering. SPNEC said in a disclosure to the stock exchange its board approved […]
March 30, 2022

Meralco plans over P150-b capital spending in 4 years

By Alena Mae S. Flores March 28, 2022, 7:45 pm from manilastandard.net Manila Electric Co., the biggest electricity retailer, plans to spend more than P150 billion from 2023 to 2026 to augment the capacity of its network and replace aging […]