Power News

March 29, 2022

Semirara sees 2-digit hike in bottomline

from The Philippine Star – March 28, 2022 | 12:00am MANILA, Philippines — Semirara Mining and Power Corp. (SMPC), the listed integrated energy company of the Consunji family, expects  a double digit increase in its  bottomline figures this year due […]
March 29, 2022

Luzon grid placed on yellow alert after seven-plant outage

By Marielle C. Lucenio – March 27, 2022 | 6:29 pm from Business World THE Luzon power grid was briefly placed on yellow alert on Saturday night, after seven facilities with a combined capacity of 2,011 megawatts (MW) suffered forced […]
March 28, 2022

Meralco seeks nod of ERC for P149-B capex program

BY LENIE LECTURA – MARCH 28, 2022 from Business Mirror THE MANILA Electric Co. (Meralco) is seeking regulatory approval for its proposed fifth regulatory period capital expenditure (5RP capex) amounting to P149.652 billion. The 5RP will commence on July 1, […]
March 28, 2022

Electricity connections in rural areas top 14.8 M

By Myrna M. Velasco – March 27, 2022, 9:05 PM from Manila Bulletin A total of 582,083 new customers have been connected to electricity supply last year, bringing total service connections to 14,835,390 households as of 2021, according to the […]
March 26, 2022

Solar developer sees possible tipping point for PHL this year

By Marielle C. Lucenio – March 23, 2022 | 8:13 pm from Business World TRINA SOLAR FB PAGE SINGAPORE’s Trina Solar Energy Development Pte. Ltd. said it expects the Philippine market for solar power to boom this year, declaring the […]
March 26, 2022

DOE seeks higher PH participation in this year’s ‘Earth Hour’

By Myrna M. Velasco – March 25, 2022, 4:07 PM from Manila Bulletin The Department of Energy (DOE) is encouraging consumers to turn off their lights for an hour from 8:30 pm to 9:30 pm in observance of the “Earth […]
March 25, 2022

EDC renews power supply deal with Silliman University

By Myrna M. Velasco – March 24, 2022, 2:32 PM from Manila Bulletin Leading renewable energy firm Energy Development Corporation (EDC) has extended for another two years its power supply agreement with Silliman University, an academic institution in the Visayas […]
March 25, 2022

ERC announces green energy auction prices

BY LENIE LECTURA – MARCH 24, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has released the preliminary Green Energy Auction Reserve (GEAR) prices for the upcoming Green Energy Auction for Renewable Energy. The preliminary GEAR price for solar […]
March 25, 2022

Power plant in Sarangani boosts Alsons net income

BY LENIE LECTURA – MARCH 24, 2022 from Business Mirror Alsons Consolidated Resources Inc. (ACR), the publicly-listed company of the Alcantara Group, reported a 24-percent jump in its net income to P405 million last year from P325 million in 2020. […]
March 24, 2022

Villar RE firm to invest P40 billion to expand capacity

By Danessa Rivera – March 24, 2022 | 12:00am from The Philippine Star MANILA, Philippines — PAVI Green Renewable Energy Inc. of the Villar group is eyeing to invest P40 billion to build 1,000 megawatts of capacity in three to […]