Power News

December 9, 2020

PSALM demands payment from LGU

By Bernadette D. Nicolas – December 8, 2020 from Business Mirror State-run Power Sector Assets and Liabilities Management Corp. (PSALM) prodded the Olongapo City Government to pay its long overdue obligations worth at least P6.713 billion in electricity bills and […]
December 9, 2020

San Jose-Quezon transmission line upgrade completed

By Myrna M. Velasco – December 8, 2020, 7:00 AM from Manila Bulletin Private transmission firm National Grid Corporation of the Philippines (NGCP) has successfully completed the reinforcement of the 230-kilovolt San Jose-Quezon transmission line in the Luzon grid to […]
December 9, 2020

SPC Power declares cash dividends

By Myrna M. Velasco – December 8, 2020, 5:00 AM from Manila Bulletin Filipino-led firm SPC Power Corporation has declared P598.620 million worth of cash dividends to its shareholders that shall be payable before the end of this year. In […]
December 8, 2020

PSALM earmarks P3.7-B for dismissed NPC employees

By Myrna M. Velasco – December 7, 2020, 7:00 AM from Manila Bulletin The 17-year wait is finally over for the dismissed employees of state-run National Power Corporation (NPC), as the Power Sector Assets and Liabilities Management Corporation (PSALM) already […]
December 8, 2020

SNAP to proceed with solar project

By Lenie Lectura – December 7, 2020 from Business Mirror SN Aboitiz Power-Magat (SNAP-Magat) is proceeding with its plan to put up a 67-megawatt (MW) floating solar power project over the Magat reservoir. The company has secured board approval “for […]
December 7, 2020

New RE projects to increase electricity bills

By Myrna M. Velasco – December 7, 2020, 6:30 AM from Manila Bulletin While renewable energy (RE) developers are brandishing that their technologies are already the cheapest in the market, the National Renewable Energy Board (NREB) ironically dropped the bomb […]
December 7, 2020

PSALM divests 2 real estate assets via negotiated deal

By Myrna M. Velasco – December 6, 2020, 6:00 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is gaining traction on its divestment of real estate assets, with it successfully clinching buyers for the Loboc […]
December 7, 2020

‘Energy future must build on shifts in energy landscape’

By Lenie Lectura – December 7, 2020 from Business Mirror ENERGY industry stakeholders are pushing for energy independence to improve the country’s growing need for a stable and efficient energy supply. In a recent Energy Smart Forum, which focused on […]
December 7, 2020

Meralco: Slump in demand may cut Dec power rates

By Lenie Lectura – December 7, 2020 from Business Mirror The Manila Electric Co. (Meralco) said Sunday that a drop in electricity demand could lead to lower generation charge this month. The company hinted at the possibility that the electricity […]
December 5, 2020

DOE finishes study on nuclear energy

By Alena Mae S. Flores – December 03, 2020 at 09:10 pm from manilastandard.net The Department of Energy said Thursday it is set to submit to President Rodrigo Duterte the study of the inter-government agency on the adoption of a […]