Power News

September 26, 2024

Meralco franchise bill okayed on 2nd reading

By Reina C. Tolentino – September 26, 2024 From The Manila Times THE House of Representatives on Tuesday approved on second reading a bill that seeks to renew the franchise of power distributor Manila Electric Co. (Meralco) for another 25 […]
September 25, 2024

San Miguel Global Power to sell $100-M perpetual notes

By Lenie Lectura – September 25, 2024 from Business Mirror SMC Global Power Holdings Corp. has secured board approval to issue $100 million in senior perpetual capital securities. The power arm of conglomerate San Miguel Corp. (SMC) said the issuance […]
September 25, 2024

‘Strategic ports critical to OSW projects’

By Lenie Lectura – September 25, 2024 from Business Mirror BuhaWind Energy Philippines, the joint venture between Copenhagen Energy (CE) and PetroGreen Energy Corp. (PGEC), said Tuesday the repurposing of strategic ports is “a big step” in advancing offshore wind […]
September 25, 2024

Meralco: Power consumers to save P5b from 500-MW supply deals

By Alena Mae S. Flores – September 24, 2024, 8:50 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s approval for its power supply agreements (PSA) with San Miguel Corp.’s hydro arm San Roque […]
September 24, 2024

Visayas to add 1,982 MW of RE projects by 2025

By Power Philippines News – September 23, 2024 at 11:46 am Most of the 25 power projects in the Visayas region, with a combined potential capacity of 1,982 megawatts (MW), will generate renewable energy (RE). The Department of Energy (DOE) […]
September 24, 2024

Developers seek ‘correct’ price signals for next green energy auctions

By Alena Mae S. Flores – September 23, 2024, 8:25 pm from manilastandard.net Renewable energy developers asked the government to come out with the “correct price signals” for the incoming Green Energy Auction Program (GEAP) 3 and 4 targeted this […]
September 24, 2024

Alsons planning to launch ‘large-scale’ solar farm

By Alena Mae S. Flores – September 23, 2024, 7:55 pm from manilastandard.net Alsons Consolidated Resources of the Alcantara family will launch this year its first “large-scale solar project” as part of the group’s commitment to diversifying its energy portfolio. […]
September 23, 2024

BPC aims to start operation of Malaya power plant in ’25

By Lenie Lectura – September 23, 2024 from Business Mirror Belgrove Power Corp. (BPC), a subsidiary of Fort Pilar Energy Inc., is pursuing the rehabilitation of Malaya Thermal Power Plant (MTPP) Unit 2 and the construction of the proposed 60 […]
September 23, 2024

Initial work starts on preparing three ports to serve offshore wind farms

By Sheldeen Joy Talavera – September 23, 2024 | 12:27 am from Business World INSUNG YOON-UNSPLASH THE Philippine Ports Authority (PPA) has kicked off the process of repurposing three ports to service the nascent offshore wind (OSW) industry, according to the […]
September 23, 2024

ERC’s Dimalanta warns some co-ops may be affected by delays

By Sheldeen Joy Talavera – September 19, 2024 | 8:44 pm from Business World DELAYS in the Energy Regulatory Commission’s (ERC) proceedings may affect power rates for some electric cooperatives (ECs) pending the appointment of an acting chair to lead […]