Power News

February 24, 2021

Psalm to prepay P19-billion obligation with BTr

By Bernadette D. Nicolas – February 24, 2021 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is targeting to reduce its maturing obligations by P24.63 billion and prepay its obligations of P19 billion with the Bureau […]
February 24, 2021

Vivant Energy buys into Mindanao power plants of Zubiri

By Alena Mae S. Flores – February 23, 2021 at 07:10 pm from manilastandard.net Vivant Energy Corp., the energy arm of Vivant Corp., said Tuesday it is expanding in Mindanao by acquiring equity interests in Bukidnon Power Corp. and North […]
February 24, 2021

Solar eyes 2,000 MW Batangas power plant

By Alena Mae S. Flores – February 22, 2021 at 09:20 pm from manilastandard.net Solar Philippines Biga Corp., a unit of Solar Philippines of businessman Leandro Leviste, is proposing to build a 2,000-megawatt solar power plant with a 6,000 MW […]
February 23, 2021

ERC revises fin’l capability standards’ for GenCos

By Myrna M. Velasco – February 23, 2021, 6:00 AM from Manila Bulletin The Energy Regulatory Commission (ERC) has instituted revisions in the ‘financial capability standards’ that generation companies (GenCos) must comply with, primarily in ensuring their operational viability. The […]
February 23, 2021

DoE issues guidelines for certification of energy efficiency professionals

By Angelica Y. Yang – February 19, 2021 | 7:16 pm from Business World THE DEPARTMENT of Energy (DoE) on Friday has listed down the guidelines for the assessment, registration and certification of energy conservation officers who cover establishments that […]
February 22, 2021

DOE expects lower Meralco rates

By Myrna M. Velasco – February 22, 2021, 6:30 AM from Manila Bulletin The lower-than-reserve price offers in the competitive selection process (CSP) of the 1,800 megawatts power supply agreements (PSAs) for power utility giant Manila Electric Company (Meralco) will […]
February 22, 2021

DOE sets ‘energy efficient’ building designs

By Myrna M. Velasco – February 22, 2021, 7:00 AM from Manila Bulletin The Department of Energy (DOE) has cemented a policy that it will be enforcing for the designs of “energy efficient buildings” or what could also be classified […]
February 22, 2021

2 SMC firms submit best bids for 20-year supply to Meralco

By Alena Mae S. Flores – February 19, 2021 at 09:15 pm from manilastandard.net Excellent Energy Resources Inc. and Masinloc Power Partners Co. Ltd., both controlled by San Miguel Corp., submitted the “two best bids” for Manila Electric Co.’s 20-year, […]
February 20, 2021

ERC approves P13.9-B Meralco refund

By Myrna M. Velasco – February 19, 2021, 5:22 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has approved P13.885 billion worth of refund to Manila Electric Company (Meralco) that will translate to rate reduction of P0.1528 per kilowatt […]
February 20, 2021

DUs directed to ensure enough power supply for vaccine rollout

By Myrna M. Velasco – February 19, 2021, 6:24 AM from Manila Bulletin The Department of Energy (DOE) has directed all distribution utilities (DUs) to contract sufficient power capacity to ensure successful rollout of Covid-19 vaccines in various parts of […]