Power News

August 5, 2019

After getting microgrid franchise, Solar Para Sa Bayan prods others to apply for the same

By Lenie Lectura – August 5, 2019 from Business Mirror SOLAR Para Sa Bayan Corp. (SPSB) is encouraging interested firms to also pursue their intention to apply for a solar microgrid franchise. This, after President Duterte signed into law on […]
August 5, 2019

NGCP seeks ERC okay to pursue Palawan-Mindoro interlink project

By Lenie Lectura – August 5, 2019 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) is seeking the regulator’s approval to pursue Stage 1 of the P6.4-billion Palawan-Mindoro Interconnection Project (PMIP). The PMIP Stage 1 will serve as the […]
August 3, 2019

NGCP offers to link Palawan, Mindoro

By Alena Mae S. Flores – August 02, 2019 at 08:10 pm from manilastandard.net Transmission operator National Grid of Corp. of the Philippines is pursing Stage 1 of the P6.4-billion Palawan-Mindoro Interconnection Project in line with the government’s directive to […]
August 3, 2019

ERC dismisses TransCo-PSALM’s intervention plea in NGCP’s IPO case

By Myrna M. Velasco – August 1, 2019, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has junked the joint petition of state-run firms National Transmission Corporation (TransCo) and Power Sector Assets and Liabilities Management Corporation (PSALM) that […]
August 2, 2019

Meralco PowerGen firming up this year initial 350MW RE ventures

By Myrna M. Velasco – August 1, 2019 from Manila Bulletin From a targeted 1,000-megawatt portfolio of renewable energy in the medium term, the power generation investment arm of utility giant Manila Electric Company (Meralco) indicated that it is now […]
August 2, 2019

PSALM resets bidding for Cebu, Misamis Oriental properties to Sept. 5

By Lenie Lectura – August 2, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has moved the deadline for the bidding of its real-estate assets (REA) located in Barangay Aplaya, Jasaan, Misamis Oriental and Toledo […]
August 2, 2019

Caution urged on green-energy tariff

By Lenie Lectura – August 2, 2019 from Business Mirror A CONSUMER group said it remains cautious on the planned green energy tariff program of the Department of Energy (DOE), which it said should not burden consumers by way of […]
August 2, 2019

PXP Energy posts lower net loss in 1st half on dip in oil production cost, depletion rate

By Lenie Lectura – August 2, 2019 from Business Mirror LISTED upstream oil and gas firm PXP Energy Corp. posted a lower net loss of P17.9 million in the first half of the year from P32.8 million in the same period a […]
August 1, 2019

ERC: 13 million electricity users affected by SC ruling on CSP

By Lenie Lectura – August 1, 2019 from Business Mirror MORE than 13 million electricity users will be affected by the Supreme Court decision that required all power-supply agreements (PSAs) forged after June 30, 2015, to undergo competitive selection process […]
August 1, 2019

AboitizPower’s net income down 5% in H1

By Lenie Lectura – August 1, 2019 from Business Mirror ABOITIZ Power Corp. (AboitizPower) reported a 5-percent drop in net income at end-June mainly on account of higher volume and cost of purchased power during the six-month period when the […]