Power News

December 6, 2021

DOE to invest P502 B for gas extraction

By Myrna M. Velasco – December 5, 2021, 10:30 PM from Manila Bulletin The Philippines is planning to invest P502 billion in the next two decades for its targeted gas reserves extraction of up to 4.0 trillion cubic feet (TCF) […]
December 6, 2021

Basic Energy plans RE ventures

By Myrna M. Velasco – December 5, 2021, 1:10 PM from Manila Bulletin Basic Renewables Inc. (BRI), a subsidiary of publicly listed Basic Energy Corp. (BEC), will invest more in the renewable energy (RE) sector to increase the generated capacity […]
December 4, 2021

Meralco rates to go up in December billing

By Myrna M. Velasco – December 3, 2021, 3:44 PM from Manila Bulletin Customers of Manila Electric Company (Meralco) will need to allocate higher budget for their electric bills this December, as the utility firm already indicated upticks in rates […]
December 4, 2021

PSALM prepares auction of big Pampanga property

By Alena Mae S. Flores – December 03, 2021 at 09:50 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has asked interested parties the join the public bidding for the sale of a large real estate […]
December 4, 2021

Aboitiz Power to start solar plant construction

By Alena Mae S. Flores – December 03, 2021 at 09:15 pm from manilastandard.net Aboitiz Power Corp. is set to start construction of a 94-megawatt solar project in Cayanga, Bugallon, Pangasinan as part of its renewable energy expansion program. “For […]
December 3, 2021

Climate-proofing energy infra: Unfinished business for PH

By Myrna M. Velasco – December 31, 2021, 5:10 PM from Manila Bulletin Looking through the lens of scientific literature, energy infrastructure facilities are seen most vulnerable with the impacts of death-dealing disasters – and this is a gospel truth […]
December 3, 2021

Meralco ties up with Peza

BY LENIE LECTURA – DECEMBER 2, 2021 from Business Mirror The Manila Electric Co. (Meralco) and the Philippine Economic Zone Authority (Peza) have formed a partnership to assist customers applying for electrical connections. The partnership was sealed last November 24, […]
December 3, 2021

First Gen borrows ₧2.8-B to fund Avion power plant

BY LENIE LECTURA – DECEMBER 2, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas First Gen Corp. is borrowing P2.8 billion from banks to fund the requirements of its 97-megawatt (MW) Avion dual-fired open-cycle […]
December 2, 2021

Solar PHL unit starts share sale

BY VG CABUAG – DECEMBER 1, 2021 from Business Mirror Solar Philippines Nueva Ecija Corp. (SPNEC) started selling shares for its initial public offering (IPO) on Wednesday after the company secured a license from the Securities and Exchange Commission (SEC). […]
December 2, 2021

DOE pushes ‘mangrove sequestration’ to manage coal plants’ emissions

By Myrna M. Velasco – December 1, 2021, 3:03 PM from Manila Bulletin To pare the country’s carbon emissions without compromising energy security, the Department of Energy (DOE) is examining the feasibility of “mangrove sequestration” so carbon emissions of coal […]