Power News

August 27, 2021

PSALM receives P3.12-B payment from sale of Malaya plant

By Myrna M. Velasco – August 26, 2021, 3:04 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has fully received the P3.123 billion payment for the 650-megawatt Malaya thermal power plant, completing the sale of […]
August 26, 2021

DOE mandates DUs to submit updated distribution dev’t plans

By Myrna M. Velasco – August 26, 2021, 7:00 AM from Manila Bulletin The Department of Energy (DOE) is mandating all distribution utilities (DUs) to submit their updated Distribution Development Plan (DDP) that shall factor in supply-demand as well as […]
August 26, 2021

AC Energy keen on floating solar projects

BY LENIE LECTURA – AUGUST 25, 2021 from Business Mirror AC Energy is looking at embarking on floating solar power and offshore wind power projects to help the country attain its renewable energy (RE) goals. “We are aware of several […]
August 26, 2021

RE preferences seen needed to ensure industry takes off

By Angelica Y. Yang – August 25, 2021 | 9:18 pm from Business World THE DEPARTMENT of Energy (DoE) needs to declare renewables a preferred energy source if it wants to grow the industry, a former official of the National […]
August 26, 2021

Pandemic delays 37 power transmission projects

By Angelica Y. Yang – August 24, 2021 | 8:26 pm from Business World   THE DEPARTMENT of Energy (DoE) said the public health emergency has set back the timetables of 37 transmission projects of the National Grid Corp. of the Philippines […]
August 25, 2021

PH banks seek policy guide on financing shift to ‘green energy’ projects

By Myrna M. Velasco – August 25, 2021, 8:00 AM from Manila Bulletin Energy officials have been casting the country as a ‘mecca for green energy investments’, but one vital anchor to that is project financing, hence, major local banks […]
August 25, 2021

ERC targeting to conclude probe on gencos in September

BY LENIE LECTURA – AUGUST 23, 2021 from Business Mirror   THE Energy Regulatory Commission (ERC) is expected to release next month the result of its investigation into 17 power generation companies (gencos) earlier found to have breached their plant […]
August 25, 2021

DPC allots P3.5B for 2 plants

BY LENIE LECTURA – AUGUST 23, 2021 from Business Mirror   Consunji-led DMCI Power Corp. (DPC) is setting aside P3.5 billion to construct a 15megawatt (MW) thermal power plant and a 12-MW hybrid diesel-solar power plant. Of the amount, P2.7 […]
August 24, 2021

ERC targeting to conclude probe on gencos in September

BY LENIE LECTURA – AUGUST 23, 2021 from Business Mirror THE Energy Regulatory Commission (ERC) is expected to release next month the result of its investigation into 17 power generation companies (gencos) earlier found to have breached their plant outage […]
August 24, 2021

DMCI Power sets P3.5 billion for Masbate, Palawan projects

By Myrna M. Velasco – August 23, 2021, 3:31 PM from Manila Bulletin Consunji-led DMCI Power Corporation will be spending P3.5 billion for expansion of its power generation portfolio that will primarily cater to the off-grid domains of Masbate and […]