Power News

March 2, 2020

NEA overshoots new consumer connections target for 2019, energization level at 95%

By Lenie Lectura -March 2, 2020 from Business Mirror The National Electrification Administration (NEA) has registered 586,144  additional consumer connections last year, 27 percent higher than its target of 460,000 for 2019. The new connections resulted in achieving an energization […]
March 1, 2020

GenCos, DOE plot strategy on power supply for summer

By MYRNA M. VELASCO – February 29, 2020, 10:00 PM from Manila Bulletin The country’s power generation companies (GenCos) are closely coordinating with the Department of Energy (DOE) to address power supply dilemmas during the summer months, including the recurrent […]
February 29, 2020

Psalm: San Miguel’s no-billing claim untrue

By Jordeene B. Lagare – February 29, 2020 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (Psalm) on Friday refuted San Miguel Corp.’s claim that it learned of its payables from the media instead of the […]
February 29, 2020

AC Energy acquires Ilocos wind farm

By Jordeene B. Lagare – February 29, 2020 from The Manila Times AC Energy Philippines Inc. (ACEPH) said on Friday it has completed the acquisition of an 81-megawatt wind farm in Pagudpud, Ilocos Norte for P2.573 billion. In a disclosure, […]
February 29, 2020

Meralco solar projects hit snag

By Jordeene B. Lagare – February 29, 2020 from The Manila Times MERALCO PowerGen Corp. (MGen), the power generation arm of the Manila Electric Co. (Meralco), reiterated its commitment toward achieving 1,000 megawatts (MW) of renewable energy (RE) projects as part of […]
February 28, 2020

‘Sustainability at heart of Meralco operations’

By Lenie Lectura -February 28, 2020 from Business Mirror The Manila Electric Company (Meralco) has established a Sustainability Office (SO) as an affirmation of its commitment to sustainability as core to its strategy and operations. “With the establishment of the […]
February 28, 2020

NEA chief: Pay hike of managers is legal

By Lenie Lectura -February 28, 2020 from Business Mirror National Electrification Administration (NEA) Administrator Edgardo Masongsong on Thursday denied allegations that he had abused his authority when he issued memoranda increasing the salaries and retirement benefits of general managers (GMs) […]
February 28, 2020

EDC eyeing to build binary plants

By Jonathan L. Mayuga -February 28, 2020 from Business Mirror The Energy Development Corp. (EDC) is targeting to put up binary plants in each of its existing geothermal plants in the country to boost its power-generation capacity by the end […]
February 28, 2020

Udenna gets PCC approval to buy Chevron Malampaya

By Alena Mae S. Flores – February 25, 2020 from manilastandard.net The Philippine Competition Commission approved the acquisition by Udenna Corp. of the entire shareholdings of Chevron Malampaya LLC, a wholly-owned subsidiary of Chevron Philippines Ltd., in the Malampaya natural […]
February 27, 2020

Covid-19 causing delivery delays for solar panels, stalling MGen projects

By Lenie Lectura – February 27, 2020 from Business Mirror THERE is a delay in the two solar power projects of the Meralco PowerGen Corp., the power generation arm of (Meralco), because of the 2019 coronavirus disease (Covid-19). These are the […]