Power News

April 6, 2020

Vivant Energy to dangle all-inclusive solutions

By Myrna M. Velasco – April 5, 2020, 10:00 PM from Manila Bulletin One of the business segments that the Garcia-led Vivant Energy Corporation will be stepping up on this year would be the ‘power retail segment’ of the restructured […]
April 4, 2020

ERC authorizes transfer of FiT-All component to fund renewable energy firms

Adam J. Ang – April 3, 2020 | 6:42 pm from Business World THE ENERGY Regulatory Commission (ERC) on Friday allowed the National Transmission Corp. (TransCo) to draw funds from the Feed-in-Tariff Differential (FD) component of the Feed-in-Tariff Allowance (FiT-All) […]
April 4, 2020

DoE preparing to tap funds for COVID-19

By Adam J. Ang – April 2, 2020 | 9:01 pm from Business World THE Department of Energy (DoE) has prepared a draft circular directing the use of all available and unremitted funds accumulated under Energy Regulation 1-94 (ER 1-94) […]
April 4, 2020

Meralco backs DPWH in creating health hubs

By Alena Mae S. Flores – April 03, 2020 at 07:50 pm from manilastandard.net Manila Electric Co. supports the the plan of the Department of Public Works and Highways to convert three multi-purpose venues into much-needed additional health and medical […]
April 3, 2020

SPEx: Malampaya remains operational

By Lenie Lectura -April 2, 2020 from Business Mirror Shell Philippines Exploration BV (SPEx), operator of the Malampaya deep-water gas-to-power project, on Thursday assured unhampered operation of the gas facility which supplies up to 40 percent of the Luzon grid’s […]
April 3, 2020

Aboitiz drops plan to take full control of Mekong Wind

By Alena Mae S. Flores – April 02, 2020 at 08:00 pm from manilastandard.net Aboitiz Power Corp. terminated its planned acquisition of a 100-percent ownership interest in Mekong Wind Pte. Ltd., which holds a majority stake in a 39.4-megawatt onshore […]
April 2, 2020

Opening of bids for exploration of Mindoro-Cuyo basin deferred

By Lenie Lectura -April 2, 2020 from Business Mirror The Department of Energy (DOE) has suspended the deadline for the submission and opening of bid applications to explore petroleum reserves in Mindoro-Cuyo basin. “In line with the enhanced community quarantine […]
April 2, 2020

Sarangani power project boosts Alsons net income

By Lenie Lectura -April 2, 2020 from Business Mirror ALCANTARA-led Alsons Consolidated Resources Inc. (ACR) ended 2019 with a net income of P938 million, up 67 percent from P563 million recorded in 2018, mainly due to sustained revenues. The publicly […]
April 2, 2020

Quarantine measure cuts Visayas power demand by 458 MW – NGCP report

By Lenie Lectura -April 1, 2020 from Business Mirror POWER demand in Visayas dropped by 458 megawatts (MW) from January 29 to March 28 this year, the Department of Energy (DOE) reported. The DOE-Visayas Field Office (DOE-VFO) attributed the decrease […]
April 2, 2020

Visayas power demand drops as businesses shut down

By Adam J. Ang – March 31, 2020 | 9:16 pm from Business World PHILSTAR THE Department of Energy (DoE) said power demand declined in the Central Philippines as industrial and commercial establishments, especially malls, closed down due to the […]