Power News

March 21, 2025

AboitizPower allots ₱78.1B for capex budget this year

By Lorenz S. Marasigan – March 21, 2025 from Business Mirror Aboitiz Power Corp. has allotted P78.1 billion in capital expenditure (capex) for 2025, majority of which will be used to expand its renewable energy (RE) portfolio, aligning with its […]
March 21, 2025

ERC looks into SMGP’s ₱5-billion rate collection

By Gabriell Christel Galang – Mar 20, 2025 03:44 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is currently evaluating SMC Global Power Holdings Corp.’s (SMGP) request to recover costs from consumers. In an ambush interview with ERC Chairperson […]
March 21, 2025

Alsons’ 2024 net income climbed 11% to P2.53b on high electricity demand

By Alena Mae S. Flores – March 20, 2025, 7:35 pm from manilastandard.net Alsons deputy chief financial officer Philip Edward Sagun Alsons Consolidated Resources Inc., the publicly-listed company of the Alcantara Group, reported an 11-percent increase in its 2024 net […]
March 20, 2025

12 energy projects cleared for system impact study

By Gabriell Christel Galang – Mar 20, 2025 08:32 AM The Department of Energy (DOE) has issued system impact studies (SIS) to 12 energy projects in February. The DOE is set to endorse these projects to the National Grid Corporation […]
March 20, 2025

Meralco retail arm inks deal with Mega Land, renews contract with Megasoft

By Malaya Business Insight – March 20, 2025 MPower, the retail electricity arm of Manila Electric Co. (Meralco), said it has entered into a new supply contract with Mega Land Prime Estate Corp. to energize its MegaOne Building in Quezon […]
March 20, 2025

Basic gets DOE’s nod to start 62-MW Mariveles solar project

By Alena Mae S. Flores – March 19, 2025, 7:30 pm from manilastandard.net The Department of Energy (DOE) awarded Basic Energy Corp. a certificate of authority (COA) for its 62-megawatt Mariveles Solar Power Project in Bataan. Basic said in a […]
March 19, 2025

PetroGreen unit begins construction of 40-MW solar plant

By Alena Mae S. Flores – March 18, 2025, 7:35 p from manilastandard.net PetroGreen Energy Corp. (PGEC), through its subsidiary BKS Green Energy Corp. (BKS), on Tuesday marked the start of the construction of its 40-megawatt Limbauan Solar Power Project […]
March 19, 2025

ERC warns public vs fake seals on meters

By Gabriell Christel Galang – Mar 18, 2025 03:03 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has urged consumers and other industry players to be cautious of fake ERC seals, stickers, and false meter test reports. In a […]
March 18, 2025

ERC raises power grid capacities, market caps

By Ed Paolo Salting – March 18, 2025 from The Manila Times THE Energy Regulatory Commission (ERC) on Monday announced changes to the allowed installed generating capacity (IGC) and market share limitations (MSL) for national and regional grids this year, […]
March 18, 2025

Actis invests $600M for 40% stake in MTerra Solar

By Sheldeen Joy Talavera – March 18, 2025 | 12:12 am from Business World TERRA-SOLAR.COM.PH MGEN Renewable Energy, Inc. (MGreen), through its subsidiary SP New Energy Corp. (SPNEC), said global investment firm Actis Rubyred (Singapore) Pte. Ltd. has completed a […]