Power News
April 19, 2024
Published by admin at April 19, 2024
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By Manila Standard Business – April 18, 2024, 7:50 pm State-run National Electrification Administration (NEA) said it granted P263.78 million worth of loans to 12 electric cooperatives (ECs) as of March 31, 2024. Bulk or around P178.45 million was used […]
April 18, 2024
Published by admin at April 18, 2024
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By Charles Dantes & Maricel Cruz – April 18, 2024, 1:05 am from manilastandard.net President Ferdinand Marcos Jr. 19 Luzon power plants still operating under capacity President Ferdinand Marcos ordered the Department of Energy (DOE) to closely monitor the country’s […]
April 18, 2024
Published by admin at April 18, 2024
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By Alena Mae S. Flores – April 17, 2024, 8:55 pm from manilastandard.net The Philippine Independent Power Producers Association (PIPPA) acknowledged the need for additional power plants in the wake of the yellow and red alerts in the Luzon and […]
April 18, 2024
Published by admin at April 18, 2024
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By Manila Standard Business – April 17, 2024, 8:50 pm The Malampaya offshore field was able to reliably deliver more than its export capacity as the Luzon grid was placed on red and yellow alerts by the National Grid […]
April 18, 2024
Published by admin at April 18, 2024
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By Alena Mae S. Flores – April 17, 2024, 7:25 pm from manilastandard.net Listed Basic Energy Corp. on Wednesday signed the joint development and shareholder’s agreement (JDSHA) with Japanese renewable energy firm Renova Inc. for the P4.5-billion Mabini wind power […]
April 18, 2024
Published by admin at April 18, 2024
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By Jenniffer B. Austria – April 17, 2024, 7:20 pm from manilastandard.net Renewable energy firm SP New Energy Corp. (SPNEC) booked a net income of P5.7 billion in 2023, a sharp turnaround from net loss of P40.4 million recorded a […]
April 18, 2024
Published by admin at April 18, 2024
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By Alena Mae S. Flores – April 17, 2024, 7:10 pm from manilastandard.net ACEN Corp. and The Rockefeller Foundation said Wednesday the first Coal to Clean Credit Initiative (CCCI) pilot project could avoid up to 19 million tons of carbon […]
April 17, 2024
Published by admin at April 17, 2024
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By Manila Standard Business – April 16, 2024, 8:35 pm The Yuchengco Group’s listed energy arm PetroEnergy Resources Corp. (PERC) said Tuesday it posted a 9-percent increase in its consolidated net income in 2023 to P944 million from P863 million […]
April 17, 2024
Published by admin at April 17, 2024
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By Alena Mae S. Flores – April 16, 2024, 8:30 pm from manilastandard.net Aboitiz Power Corp., through its subsidiary Therma Marine Inc. (TMI), recently held the ceremonial switch-on of Southeast Asia’s first 49-megawatt (MW) hybrid battery energy storage system (BESS) […]
April 17, 2024
Published by admin at April 17, 2024
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By Manila Standard Business – April 16, 2024, 7:45 pm Technology group Wärtsilä Energy is calling for urgent action to enable more flexibility in power systems in the Philippines. The government earlier published the National Renewable Energy Program (NREP) 2020–2040, […]