Power News

April 23, 2021

DOE assures ‘no brownouts’ during summer months

By Myrna M. Velasco – April 22, 2021, 3:28 PM from Manila Bulletin The Department of Energy (DOE) is giving its guarantee to the Filipino public that they are not going to suffer brownouts or electricity service disruptions within the […]
April 23, 2021

NPC seeks recovery of P7.56-B subsidy for off-grid electrification

By Myrna M. Velasco – April 22, 2021, 12:34 PM from Business Mirror State-run National Power Corporation (NPC) is seeking regulatory approval on the pass-on of P7.562 billion worth of under-recoveries on universal charge for missionary electrification (UCME), or that […]
April 22, 2021

SMC Unit Nears Completion Of BESS Facilities

BY LENIE LECTURA – APRIL 22, 2021 from Business Mirror Four of 31 Battery Energy Storage System facilities being put up by San Miguel Corporation’s power arm, SMC Global Power Holdings Corp., in Masinloc, Zambales; Malita, Davao; Maco, Davao de […]
April 22, 2021

First Gen supplies RE-generated power to Megaworld

By Myrna M. Velasco – April 22, 2021, 8:00 AM from Manila Bulletin Lopez-led First Gen Corporation will be supplying power generated from a renewable energy resource to at least four upscale township and office-tower developments of real estate leader […]
April 22, 2021

ERC sets new market share limits for GenCos

By Myrna M. Velasco – April 22, 2021, 7:00 AM from Manila Bulletin The Energy Regulatory Commission (ERC) has instituted new market share limits (MSLs), in terms of capacity installations, that the country’s power generation companies (GenCos) must comply with […]
April 21, 2021

AC Energy sets sights on solar, wind projects

By Danessa Rivera – April 20, 2021 – 12:00am from The Philippine Star MANILA, Philippines — AC Energy Corp. (ACEN) is setting its sights on solar and wind projects, coupled with battery storage, to scale up its renewable energy (RE) […]
April 21, 2021

Texas-based firm seeks DOE nod to start LNG hub project

By Alena Mae S. Flores – April 20, 2021 at 06:50 pm from manilastandard.net Texas-based Excelerate Energy LP has sought the approval of the Department of Energy to start the construction of a liquefied natural gas project in Batangas province […]
April 21, 2021

ERC sets capacity, market share limits for grids

By Angelica Y. Yang – April 19, 2021 | 8:20 pm from Business World PHILSTAR THE ENERGY Regulatory Commission (ERC) has released its caps for installed generating capacity and market share limitations for the national and Luzon, Visayas and Mindanao […]
April 20, 2021

SMPC declares P1.25/share dividend to stockholders

By Myrna M. Velasco – April 20, 2021, 6:00 AM from Manila Bulletin Consunji-led Semirara Mining and Power Corporation (SMPC) has declared dividend of P1.25 per common share to all of its outstanding stockholders as of the specified record date […]
April 20, 2021

AC Energy sees tripling of income

By Jordeene B. Lagare – April 20, 2021 from The Manila Times AC Energy Corp. is banking on the infusion of international assets and the recent fund raising activities to bolster its bottom line by over threefolds. “The planned infusion […]