Power News

November 14, 2024

Palau lifts Alternergy first quarter earnings

By Maria Bernadette Romero – 12 Nov 2024, 02:53 from Daily Tribune Photo courtesy of Alternergy The commercialization of the Palau Solar PV + Battery Energy Storage System Project has driven a significant surge in revenue for Alternergy Holdings Corp., […]
November 13, 2024

Trinasolar wins two-gigawatt solar contract with Citicore

By Gabriell Christel Galang – Nov 12, 2024 05:39 PM from Manila Bulletin Renewable energy developer Citicore Renewable Energy Corporation (CREC) has signed a two-gigawatt (GW) solar module supply contract with leading smart PV and energy storage solutions provider Trinasolar […]
November 13, 2024

ACEN unit to build solar farm in Zambales

By Lenie Lectura – November 12, 2024 from Business Mirror Giga Ace 8, Inc., a subsidiary of ACEN Corp., will put up a P26-billion solar farm, which will be supported by a battery energy storage system (BESS), in Palauig, Zambales. […]
November 13, 2024

Meralco’s November power rates up by 43 centavos

By Lisbet K. Esmael – 05:30 AM November 13, 2024 from @inquirerdotnetPhilippine Daily Inquirer Inquirer files An increase in the generation charge means higher electricity bills this month for customers of power distributor Manila Electric Co. (Meralco). At a briefing […]
November 13, 2024

Senate energy panel chair hails passage of natgas bill

By INQUIRER.net – 10:27 AM November 12, 2024 The chairperson of the Senate committee on energy hailed the passage on final reading in the chamber of the proposed Philippine Natural Gas Industry Development Act (Senate Bill 2793) saying it ushers […]
November 12, 2024

ERC urged to resolve Meralco’s rate reset

By Brix Lelis – November 11, 2024 | 12:00am from The Philippine Star This picture shows Meralco’s electric meter. MANILA, Philippines — The Energy Regulatory Commission (ERC) should promptly resolve Manila Electric Co.’s (Meralco) rate reset, as further delays could […]
November 12, 2024

First Gen posted $205-m recurring income in 9 months

By Alena Mae S. Flores – November 11, 2024, 8:15 pm from manilastandard.net First Gen Corp. said Monday its recurring net income attributable to the parent company declined 17.4 percent in the first nine months of 2024 to $205.5 million […]
November 12, 2024

Indonesia’s Pertamina studying PHL LNG ventures

By Justine Irish D. Tabile – November 11, 2024 | 9:38 pm from Business World INDONESIAN state-owned energy company PT Pertamina (Persero) is considering liquefied natural gas (LNG) projects in the Philippines, the Board of Investments (BoI) said. In a […]
November 11, 2024

DOE awaits green light from Malacañang for hydrogen exploration contracts

By Gabriell Christel Galang – Nov 11, 2024 05:10 AM from Manila Bulletin The Department of Energy (DOE) is awaiting President Ferdinand Marcos’s approval to commence hydrogen exploration in the Philippines as part of the government’s ongoing efforts to diversify […]
November 11, 2024

DOE to launch crackdown on higher biodiesel mix non-compliance

By Lisbet K. Esmael – 03:48 PM November 08, 2024 from inquirer.net / Philippine Daily Inquirer MANILA, Philippines – The Department of Energy (DOE) is beefing up its monitoring efforts to ensure that every oil company in the local market […]