Power News

August 7, 2021

Meralco expands ‘no disconnection’ policy to 3 provinces

By Myrna M. Velasco – August 6, 2021, 1:12 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) will expand the coverage of its ‘no service disconnection’ policy to at least three provinces during the state-mandated modified enhanced […]
August 6, 2021

Continue service during ECQ, DoE tells firms

By Jordeene B. Lagare – August 6, 2021 from The Manila Times THE Department of Energy (DoE) called on industry stakeholders to ensure unhampered delivery of energy services for the duration of the enhanced community quarantine (ECQ). “We call on […]
August 6, 2021

AC Energy to invest $10 million in overseas solar projects

BY LENIE LECTURA – AUGUST 5, 2021 from Business Mirror AC Energy’s GigaSol Palauig solar farm in Zambales. AC Energy Corp. (ACEN), through its subsidiary AC Renewables International (ACRI), will pour $10 million in fresh funds into international solar rooftop […]
August 6, 2021

AC Energy net income climbs to P2.7B in 1st sem

By Myrna M. Velasco – August 5, 2021, 1:23 PM from Manila Bulletin The net income of Ayala-led firm AC Energy Corporation (ACEN) posted a modest 5.0-percent growth to P2.7 billion in the first half of the year, inclusive of […]
August 5, 2021

Meralco rates to go up this month

By Myrna M. Velasco – August 4, 2021, 10:34 AM from Manila Bulletin Electricity rates are expected to rise again in this billing month due to a confluence of factors such as the peso depreciation versus the US dollar, and […]
August 5, 2021

NGCP collaborates with DOE, stakeholders on solving ‘power system issues’

By Myrna M. Velasco – August 5, 2021, 7:00 AM from Manila Bulletin System operator National Grid Corporation of the Philippines (NGCP) sought collaboration with the industry stakeholders, primarily with the Department of Energy (DOE), on its bid to finally […]
August 5, 2021

DOE targeting to hit RE goal in power mix via green energy auction scheme

BY LENIE LECTURA – AUGUST 4, 2021 from Business Mirror File photo shows one of EDC’s 12 integrated geothermal power stations. The Department of Energy (DOE) is soliciting comments from industry stakeholders on a draft circular that seeks to achieve […]
August 4, 2021

Semirara net income up 279% in April-June

BY LENIE LECTURA – AUGUST 3, 2021 from Business Mirror   Consunji-led Semirara Mining and Power Corp. (SMPC) registered a net income of P4 billion in the second quarter, up 279 percent year-over-year, due to record-high coal sales and prices […]
August 4, 2021

BiotechJP taps solar power

BY LENIE LECTURA – AUGUST 3, 2021 from Business Mirror   EEI Power Corp., a subsidiary of Yuchengco-led EEI Corp., has completed the installation of an 83.2-kWp solar rooftop system at BiotechJP’s facility in Tarlac. It said Tuesday that the […]
August 4, 2021

Meralco suspends disconnection to customers with unpaid bills

By Myrna M. Velasco – August 3, 2021, 3:01 PM from Manila Bulletin The State’s re-imposition of enhanced community quarantine (ECQ) because of the surging Delta variant-induced coronavirus infections will also mean going back to the old routine for power […]