Power News

January 13, 2022

DoE endorsed 279 power projects seeking ERC clearance in 2021

By Marielle C. Lucenio – January 9, 2022 | 10:19 pm from Business World EIA.EMB.GOV.PH THE Department of Energy (DoE) said it endorsed 279 power generation facilities applying to be certified by the Energy Regulatory Commission (ERC) in 2021. In […]
January 12, 2022

Aboitiz unit seeks approval of SEC for P10-B bond float

BY LENIE LECTURA – JANUARY 11, 2022 from Business Mirror Aboitiz Power Corp. is seeking the green light of the Securities and Exchange Commission (SEC) for the issuance of up to P10 billion in fixed-rate retail bonds. The amount represents […]
January 12, 2022

Meralco: 3 power firms keen on CSP

BY LENIE LECTURA – JANUARY 11, 2022 from Business Mirror Three power firms are interested to participate in the competitive auction for the supply of 170 megawatts (MW) to the Manila Electric Company (Meralco). “The TPBAC [Third-Party Bids and Awards […]
January 12, 2022

8 power firms get nod to conduct SIS—DOE

BY LENIE LECTURA – JANUARY 11, 2022 from Business Mirror Eight power firms were allowed to conduct a system impact study (SIS) on their proposed power projects with a combined capacity of over 5,000 megawatts (MW). Data from the Department […]
January 12, 2022

NGCP places Luzon grid under yellow alert

BY LENIE LECTURA – JANUARY 11, 2022 from Business Mirror The Luzon grid was placed on yellow alert for the second consecutive day this year. The National Grid Corporation of the Philippines (NGCP) issued the notice on Tuesday, placing the […]
January 11, 2022

Meralco rates down in Jan. billing

By Myrna M. Velasco – January 10, 2022, 1:14 PM from Manila Bulletin Customers of power utility giant Manila Electric Company (Meralco) will experience financial relief in their electric bills this January, as the company’s overall tariff will go down […]
January 11, 2022

DOE pleads lifting of Indonesia’s coal export ban

By Myrna M. Velasco – January 10, 2022, 3:09 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi has appealed to Indonesia’s Minister of Energy and Natural Resources, Arifin Tasrif, for the lifting of its coal export ban as this […]
January 11, 2022

SPNEC board approves hike in capital stock

BY VG CABUAG AND LORENZ S. MARASIGAN – JANUARY 10, 2022 from Business Mirror The board of Solar Philippines Nueva Ecija Corp. (SPNEC) has approved the increase in the company’s authorized capital stock to 50 billion shares from 10 billion […]
January 10, 2022

PSALM collects P672-B from NPC sale

By Myrna M. Velasco – January 9, 2022, 10:10 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) reported that the magnitude of privatization proceeds it collected from the divestment of National Power Corporation (NPC) assets […]
January 10, 2022

Digos solar plant seeks FIT perks to avoid closure

By Myrna M. Velasco – January 9, 2022, 10:10 PM from Manila Bulletin Alterpower Digos Solar Inc. (ADSI), which is the corporate vehicle of a recently acquired 28.59-megawatt Digos solar facility of Romero-owned Fort Pilar Energy Inc., is seeking regulatory […]