Power News

October 15, 2019

Biomass now open to 100% foreign stake

By Jordeene B. Lagare – October 14, 2019 from The Manila Times FOREIGN companies can now fully own and operate biomass power plants in the Philippines under a recently signed policy from the Department of Energy (DoE). The DoE’s newly-released […]
October 14, 2019

SBPL’s 500 MW coal-fired plant to switch on Tuesday

By Lenie Lectura -October 14, 2019 from Business Mirror SAN Buenaventura Power Ltd. (SBPL) will “switch on” its 500-megawatt (MW) supercritical coal-fired power plant in Mauban, Quezon, on Tuesday, injecting the much additional capacity needed in the Luzon grid. SBPL, […]
October 14, 2019

Napocor seeks ERC’s approval to collect P18.5-B UCME in 2020

By Lenie Lectura -October 14, 2019 from Business Mirror THE National Power Corp. (Napocor) is seeking regulators’ approval for the issuance of a provisional authority (PA) to collect from consumers P18.46 billion in basic universal charge for missionary electrification for […]
October 13, 2019

NEA accelerates deployment of solar PV

By Myrna M. Velasco – October 12, 2019, 10:00 PM from Manila Bulletin Government-run National Electrification Agency (NEA) is accelerating the deployment of solar photovoltaic (PV) technologies for the energization of off-grid and far-flung areas nationwide. As disclosed, the agency […]
October 12, 2019

DOE urged to be ‘more transparent’ on Russia deal

By Myrna M.Velasco – October 11, 2019, 10:00 PM from Manila Bulletin Amid new reports of a deal with Russia on prospective deployment of modular nuclear reactors, the Senate has prodded the Department of Energy (DOE) to be more transparent […]
October 12, 2019

Sarangani Energy opens another 105-MW coal plant

By Darwin G. Amojelar – October 11, 2019 at 08:35 pm from manilastandard.net Sarangani Energy Corp., a subsidiary of Alsons Power Group, said it started the commercial operations of the second 105-megawatt unit of the 210-MW baseload coal-fired power plant […]
October 12, 2019

MRC inaugurates solar rooftop project

By Alena Mae S. Flores – October 10, 2019 at 08:00 pm from manilastandard.net MRC Allied Inc. said wholly-owned subsidiary Menlo Renewable Energy Corp. inaugurated its pilot 550-kilowatt solar rooftop project in Northern Luzon. MRC Allied president Augusto Cosio said […]
October 11, 2019

Malampaya’s finite bounty spurs hectic race for more renewables, other oil-gas fields

By Lenie Lectura -October 10, 2019 from Business Mirror Malampaya Phases 2 and 3, located some 50 km offshore from Palawan THE Philippines continues to be confronted with energy supply challenges.  But one that has to be dealt with immediately is […]
October 11, 2019

Phinma Energy approves rights offering, swap

By Alena Mae S. Flores – October 10, 2019 at 08:15 from manilastandard.net The board of Phinma Energy Corp., to be renamed AC Energy Philippines, has approved a stock rights offering of up to 2.27 billion shares at a price […]
October 10, 2019

DOE-ERC policy tug-of-war snags approval of Meralco PSAs

By Myrna M. Velasco – October 9, 2019, 10:00 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) and its counter-party generation companies (GenCos) in the recently signed power supply agreements (PSAs) are ready to file their joint […]