Power News

November 26, 2021

Meralco ties up with Amber

BY LORENZ S. MARASIGAN – NOVEMBER 25, 2021 from Business Mirror Manila Electric Co. (Meralco) and Amber Kinetics have partnered to introduce the use of  long-duration flywheel energy storage systems in the Philippines, the companies announced on Thursday. The tie-up […]
November 26, 2021

DOE asked to rescind approval of Malampaya stake sale to Udenna

By Myrna M. Velasco – November 25, 2021, 3:59 PM from Manila Bulletin The Integrated Bar of the Philippines (IBP) has asked the Department of Energy (DOE) to rescind the approval it granted to Udenna Corporation for the acquisition of […]
November 25, 2021

Solar PHL Nueva Ecija sets IPO price at P1 per share

BY VG CABUAG AND LENIE LECTURA – NOVEMBER 24, 2021 from Business Mirror Solar Philippines Nueva Ecija Corp. (SPNEC) has priced its initial public offering (IPO) at P1 per share, the maximum of its indicative range. At the said price, […]
November 25, 2021

DOE sees P4.9-T green energy transition investments for PH

By Myrna M. Velasco – November 24, 2021, 1:56 PM from Manila Bulletin In line with the Philippine government’s decarbonization commitment to the 26th Conference of the Parties (COP) Climate Change Summit, the Department of Energy (DOE) has projected of […]
November 25, 2021

Malampaya sets ‘gas restriction’ schedules next year

By Myrna M. Velasco – November 24, 2021, 2:57 PM from Manila Bulletin The operator of the Malampaya gas field is scheduling at least four “production holds” or gas restriction occurrences next year, according to the Department of Energy. “Based […]
November 24, 2021

Meralco buying 170-MW power supply amid big demand

By Alena Mae S. Flores – November 23, 2021 at 06:25 pm from manilastandard.net Manila Electric Co. (Meralco), the biggest retailer of electricity, is seeking approval from the Department of Energy to purchase 170 megawatts of power in preparation for […]
November 24, 2021

NEA asked to seek ‘compromise’ over Benguet electric coop

By Myrna M. Velasco – November 23, 2021, 3:48 PM from Manila Bulletin Government-run National Electrification Administration (NEA) is being urged to strike a compromise with the Benguet Electric Cooperative (BENECO), so consumers will not be groping in the dark, […]
November 24, 2021

ACE Enexor inks investment deal

BY LENIE LECTURA – NOVEMBER 23, 2021 from Business Mirror ACE Enexor Inc. is inching closer to fulfilling its plans to build a 1,100 megawatt (MW) combined cycle power plant in Batangas. An investment agreement has been signed among ACE […]
November 23, 2021

ERC revokes freeze on issuing licenses to retail energy suppliers

By Marielle C. Lucenio – November 22, 2021 | 9:45 pm from Business World PHILSTAR THE ENERGY Regulatory Commission (ERC) has formally withdrawn a moratorium on issuing licenses to retail energy suppliers (RES), paving the way for more eligible power […]
November 23, 2021

BoI approves Sinoma Energy as new operator of 4.5-MW waste-heat recovery plant in Cebu province

By Bianca Angelica D. Anago – November 19, 2021 | 6:17 pm from Business World The Board of Investments (BoI) has cleared Sinoma Energy Conservation (Cebu) Waste Heat Recovery Co. Inc. to serve as the operator of a 4.5-megawatt (MW) […]