Power News

January 29, 2022

ERC to hear microgrid application for San Vicente, Palawan in Feb.

By Marielle C. Lucenio – January 27, 2022 | 10:43 pm from Business World SAN VICENTE TOURISM OFFICE THE Energy Regulatory Commission (ERC) said is due to hear next month an application by PowerSource Philippines, Inc. to establish a microgrid […]
January 28, 2022

SMC unit asks ERC to amend public offer rules for DUs, gencos

BY LENIE LECTURA – JANUARY 27, 2022 from Business Mirror SMC Consolidated Power Corp. (SCPC) is asking the Energy Regulatory Commission (ERC) to amend the public offering requirements for power generation companies (gencos) and distribution utilities (DUs). The power arm […]
January 28, 2022

ATN Solar to list by introduction, conduct FOO

By James A. Loyola – January 27, 2022, 4:20 PM from Manila Bulletin ATN Holdings Inc. is planning to list its solar power subsidiary by way of introduction and then raised funds from a follow-on offering to take advantage of […]
January 28, 2022

Vitarich to buy power from Vivant subsidiary

By James A. Loyola – January 27, 2022, 3:06 PM from Manila Bulletin Vitarich Corporation and Corenergy, a wholly-owned subsidiary of Vivant Corporation, have signed a one year energy supply agreement for up to 0.75 megawatts (MW). In a disclosure […]
January 28, 2022

Razon pays P126 M for Ayala power barge acquisition

By Myrna M. Velasco – January 27, 2022, 2:29 PM from Manila Bulletin Razon-led Prime Strategic Holdings Inc., via its subsidiary MORE Power Barge Inc. (MPBI), had paid P126 million in cash to ACEN Corporation of the Ayala group for […]
January 27, 2022

Meralco, PEDC seek nod for PSA

BY LENIE LECTURA – JANUARY 26, 2022 from Business Mirror The Manila Electric Co. (Meralco) and Panay Energy Development Corp. (PEDC) are seeking regulatory approval to implement their power supply agreement (PSA). In a 24-page application filed before the Energy […]
January 27, 2022

NGCP needs about 1,800 MW in firm contracts for full coverage

By Marielle C. Lucenio – January 26, 2022 | 10:47 pm from Business World THE National Grid Corp. of the Philippines (NGCP) said it currently has firm contracts amounting to 809.3 megawatts (MW), and needs 1,776.7 MW more to fully […]
January 26, 2022

SPNEC plans stock rights offer

BY LENIE LECTURA – JANUARY 25, 2022 from Business Mirror Solar Philippines Nueva Ecija Corp. (SPNEC) is planning to conduct a stock rights offering and forge more joint ventures to fulfill its goal of developing 10 gigawatts (GW) of solar […]
January 26, 2022

DOE seeks bidders for 2,000MW RE supply

BY LENIE LECTURA – JANUARY 25, 2022 from Business Mirror The Department of Energy (DOE) has issued a bid invite for 2,000 megawatts (MW) of renewable energy (RE) supply. In a notice, the agency said 1,400MW will be auctioned off […]
January 26, 2022

DOE admits ‘brownout possibilities’ in May

By Myrna M. Velasco – January 25, 2022, 4:05 PM from Manila Bulletin The Department of Energy (DOE) has admitted the inevitable possibility of “red alert” condition in the Luzon grid that could trigger rotational brownouts for consumers in the […]