Power News

December 7, 2024

AboitizPower activates Tarlac solar project

By Brix Lelis – December 7, 2024 | 12:00am from The Philippine Star AboitizPower, through its renewable energy arm Aboitiz Renewables Inc., recently energized the 45-megawatt-peak (MWp) Armenia solar farm in Tarlac. MANILA, Philippines — Aboitiz Power Corp., chaired by […]
December 7, 2024

Terra Solar signs battery system deal with Huawei

By Alena Mae S. Flores – December 6, 2024, 7:55 pm from manilastandard.net Terra Solar Philippines Inc. (TSPI), a unit of MGEN Renewable Energy Inc. (MGreen), signed a battery energy storage systems (BESS) supply agreement with Huawei International Pte. Ltd. […]
December 7, 2024

ERC approves collection of P3B from consumers

By The Manila Times – December 6, 2024 POWER rates will go up next year as regulators have approved the collection of some P3.05 billion from consumers. The amount represents the remaining 70 percent of charges that power firms were […]
December 6, 2024

WESM prices rise in Nov

By Jed Macapagal – December 6, 2024 from Malaya Business Insight INITIAL average price of electricity in the Wholesale Electricity Spot Market (WESM) in the entire country in November slightly increased, according to the Independent Electricity Market Operator of the Philippines (IEMOP). […]
December 6, 2024

ERC cuts permit processing time

By Lenie Lectura – December 6, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has reduced the processing time of the various permits of power firms. On Thursday, the ERC said it has issued 3,959 Certificates of Compliance (COCs) […]
December 6, 2024

DOE moves third green energy auction to 2025

By Gabriell Christel Galang – Dec 5, 2024 04:59 PM from Manila Bulletin The Department of Energy (DOE) announced that it will move the Green Energy Auction (GEA)-3 to next year. During the 2024 Energy Investment Forum on Thursday, Dec. […]
December 6, 2024

Reserve market billing to raise 2025 power rates

By Alena Mae S. Flores – December 5, 2024, 8:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from consumers to cover 70 percent of uncollected payments in the ancillary reserve market. This is […]
December 5, 2024

AboitizPower expects strong 2024 finish

By Gabriell Christel Galang – Dec 5, 2024 06:07 AM from Manila Bulletin Aboitiz Power Corporation expects sustained strong performance through the end of 2024, driven by its distribution business, infrastructure development, and power generation. Danel Aboitiz, Aboitiz Power chief […]
December 5, 2024

MSpectrum, Edward Keller partner for solar power project in Laguna

By Brix Lelis – December 5, 2024 | 12:00am from The Philippine Star MANILA, Philippines —  MSpectrum Inc., the solar energy arm of Manila Electric Co. (Meralco), has teamed up with food manufacturer Edward Keller Philippines Inc. (EKPI) for a […]
December 5, 2024

Many coal power projects exempt from ban—DOE

By Lenie Lectura – December 5, 2024 from Business Mirror A staggering 20,0000 megawatts (MW) of power generation capacity are apparently not covered by the moratorium on new coal power facilities, a senior official of the Department of Energy (DOE) […]