Power News

August 1, 2020

DOE welcomes issuance of EO on nuclear program

By Alena Mae S. Flores – July 29, 2020 at 07:15 pm from manilastandard.net Energy Secretary Alfonso Cusi welcomed the signing of Executive Order No. 116 by President Rodrigo Duterte that will bring the Philippines closer to the realization of […]
July 31, 2020

EDC to expand overseas footprint

By Lenie Lectura – July 31, 2020 from Business Mirror Lopez-led Energy Development Corp. (EDC) said it is pursuing geothermal projects overseas and expanding its presence in Taiwan, Indonesia, Peru and Chile. “We are also continuing with our pre-development work […]
July 31, 2020

Davao Light unveils digital substation

By Lenie Lectura – July 31, 2020 from Business Mirror Davao Light and Power Co., Inc., a subsidiary of AboitizPower Corp., has put up its first digital substation to cater to the growing demand for power. A substation is an […]
July 31, 2020

Cusi orders RE blueprint for 20,000 megawatts fast-tracked

By Myrna M. Velasco – July 30, 2020, 10:00 PM from Manila Bulletin The Renewable Energy Management Bureau (REMB) of the Department of Energy (DOE) has been directed to speed up the crafting of the investment blueprint for the targeted […]
July 30, 2020

First Gen sets capex for gas business, geothermal unit

By Lenie Lectura – July 30, 2020 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas First Gen Corp. said it is setting aside capital expenditures (capex) of $128.3 million and P7 billion to P8 billion […]
July 30, 2020

DENR issues violation notice to AC Energy

By Lenie Lectura – July 30, 2020 from Business Mirror AC Energy Philippines Inc. (ACEPH) has received from the Department of Environment and Natural Resources-Environmental Management Bureau (DENR-EMB) Region 6 a notice of violation in relation to the oil spill […]
July 30, 2020

Duterte creates body to study inclusion of nuclear energy to PHL’s power mix

By Lenie Lectura – July 30, 2020 from Business Mirror Malacañang signed last week Executive Order (EO) 116, which paves the way for the creation of the Nuclear Energy Program Inter-Agency Committee (NEP-IAC). The Department of Energy (DOE) will lead […]
July 29, 2020

Korean firm submits bid for Malaya TPP operation

By Lenie Lectura – July 29, 2020 from Business Mirror A Korean firm submitted a bid to operate and maintain the Malaya Thermal Power Plant (TPP) for one year for P222.55 million. The Power Sector Assets and Liabilities Management Corp. […]
July 29, 2020

Meralco to apply for P20-B capex next year

By James A. Loyola – July 28, 2020, 10:00 PM from Manila Bulletin. Power utility giant Manila Electric Company (Meralco) will apply for capital expenditures (capex) of P20 billion to bankroll projects for network expansion, reinforcement of its network reliability […]
July 28, 2020

Meralco expects core profit to decline due to pandemic

By Lenie Lectura – July 28, 2020 from Business Mirror The Manila Electric Co. (Meralco) is expecting core profit for the full year to drop 10 to 12 percent from the P23.8 billion posted in 2019, following a 14-percent decline […]