Power News

July 2, 2020

ASEAN seen turning to floating solar plants as demand shifts

By Danessa Rivera – July 2, 2020 – 12:00am from The Philippine Star MANILA, Philippines  — The Association of Southeast Asian Nations (ASEAN) region is seen to install more floating solar plants to balance and make grids flexible to changing […]
July 2, 2020

Ayala hikes price offer for Aussie energy company

By Myrna M. Velasco – June 30, 2020, 4:10 PM from Manila Bulletin Ayala’s AC Energy Inc. and its partner Hong Kong-based UPC Renewables have increased their price offer to A$0.86 per share as against the leaner A$0.80 tender that […]
July 1, 2020

Rural electrification projects face delays due to quarantine

By Adam J. Ang – June 30, 2020 | 8:25 pm from Business World PHILSTAR THE National Electrification Administration (NEA) said around 187 rural electrification projects in rural communities are facing completion delays due to quarantine restrictions. “Merong mga 187 sitios na […]
July 1, 2020

Renewable fund to raise $2.5B for region’s recovery from pandemic

By Adam J. Ang – June 30, 2020 | 12:02 am from Business World A RENEWABLE-ENERGY fund will invest more than $2.5 billion in Southeast Asian renewable energy projects to support the region’s recovery from the pandemic, with a focus […]
July 1, 2020

Australia RE developer backs Spanish firm’s bid

By Jordeene B. Lagare – July 1, 2020 from The Manila Times IT appears a Spanish multinational company has gained the upper hand against its Philippine rival in the heated takeover battle for the renewable energy (RE) developer listed in […]
July 1, 2020

SEC gives green light for ACEPH to hike capital to P24.4B

By Jordeene B. Lagare – July 1, 2020 from The Manila Times THE Securities and Exchange Commission (SEC) has approved a higher capital for AC Energy Philippines Inc. (formerly Phinma Energy Corp.) to P24.4 billion to scale up its expansion […]
June 30, 2020

Meralco: Electricity demand picking up in franchise area

By Lenie Lectura – June 30, 2020 from Business Mirror Electricity demand in the franchise area of the Manila Electric Co. (Meralco) during the second quarter peaked at 7,000 megawatts (MW), slightly lower than what the utility firm recorded in […]
June 30, 2020

Iloilo solon backs bid to stop power pilferage

By Alena Mae S. Flores – June 29, 2020 at 09:00 pm from manilastandard.net Illegal power connections were allowed to proliferate in Iloilo City to benefit alleged syndicates who ran the huge electricity pilferage operation, according to a member of […]
June 30, 2020

Meralco mulls service disconnections by Sept.

By Myrna M. Velasco – June 29, 2020, 10:00 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) is targeting to issue service disconnection notices to customers with unpaid bills by September, although company executives indicated that payment […]
June 29, 2020

DoE seeks to boost geothermal use

By Jordeene B. Lagare – June 29, 2020 from The Manila Times THE Department of Energy (DoE) is crafting a policy to shore up the use of geothermal energy as part of efforts to shore up renewable energy (RE) in […]