Power News

January 10, 2022

NGCP working to reconnect transmission lines affected by Typhoon Odette

By MCL – January 7, 2022 | 5:28 pm from Business World THE National Grid Corp. of the Philippines (NGCP) said permanently reconnecting Bohol to Leyte transmission lines affected by Typhoon Odette last month is still their biggest challenge and […]
January 8, 2022

SN Aboitiz to boost sustainability program

By Danessa Rivera – January 8, 2022 | 12:00am from The Philippine Star MANILA, Philippines — SN Aboitiz Power Group (SNAP) — the joint venture of Norway-based Scatec Solar and Aboitiz Power Corp. —vowed to continue strengthening its sustainability performance […]
January 8, 2022

SMC Global Power eyes 31 battery storage facilities

By Danessa Rivera – January 8, 2022 | 12:00am from The Philippine Star MANILA, Philippines — SMC Global Power Holdings Corp., the power unit of diversified conglomerate San Miguel Corp. (SMC), is eyeing to complete 31 battery energy storage system […]
January 8, 2022

Cebu coops extol Meralco for assisting the province

By TDT – January 6, 2022 12:59 PM from Daily Tribune Residents in Cebu have yet to recover from the impact of Typhoon Odette, which battered several parts of the country a week before the supposedly festive holiday celebrations. While […]
January 7, 2022

DOE approves 10% tax rate for RE developers

By Myrna M. Velasco – January 6, 2022, 3:33 PM from Manila Bulletin The Department of Energy (DOE) has finally cemented the policy that will grant 10-percent corporate tax rate for project-developers in the renewable energy (RE) sector. Department of […]
January 7, 2022

DOE urged to ensure ample coal supply to prevent summer brownouts

By Myrna M. Velasco – January 6, 2022, 2:45 PM from Manila Bulletin With the coal export ban being enforced now by the Indonesian government, the Department of Energy (DOE) is prodded on a contingency measure to ensure sufficient coal […]
January 7, 2022

SMC Global Power retains top credit rating

By James A. Loyola – January 6, 2022, 1:53 PM from Manila Bulletin SMC Global Power Holdings Corp. has retained its highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, from Philippine Rating Services Corporation for its outstanding […]
January 6, 2022

Greenergy to list more shares

BY VG CABUAG – JANUARY 5, 2022 from Business Mirror Greenergy Holdings Inc., a company led by businessman Antonio Tiu, will list an additional P752.53 million worth of the company’s common shares, which was part of a series of private […]
January 6, 2022

Higher WESM rates expected to push up January power bills

By Alena Mae S. Flores – January 5, 2022 from manilastandard.net Power rates at the Wholesale Electricity Spot Market increased by more than P1 per kilowatt-hour in December because of plant outages and the derating of natural gas stations. The […]
January 5, 2022

Meralco asks gencos to join CSP for power supply deal

BY LENIE LECTURA – JANUARY 4, 2022 from Business Mirror Power lines run beside a sign of the Manila Electric Co. (Meralco) branch in Manila in this Bloomberg file photo.   A day before the deadline for the submission of […]