Power News

September 18, 2024

SMPC eyeing Japan as new export market for coal

BY Myrna M. Velasco – Sep 17, 2024 09:49 AM from Manila Bulletin At a glance SMPC’s long-time export markets – primarily China, as well as South Korea and Brunei Darussalam – are still gobbling up shipments from the Semirara […]
September 17, 2024

Energy leads BOI to record P1.35 trillion in investment approvals

BY Manila Bulletin – Sep 17, 2024 05:27 AM The Board of Investments (BOI) announced that it has achieved investment approvals totaling P1.35 trillion from January to mid-September, exceeding its initial target of P1.26 trillion for the year. This year-to-date […]
September 17, 2024

Citicore power project secures priority tag

By Maria Bernadette Romero – Sep 17, 2024, 00:38 from The Daily Tribune The awarded projects include 430 MW of ground-mounted solar and 362 MW of onshore wind developments spread across eight provinces Citicore Renewable Energy Corp. (CREC) Citicore Renewable […]
September 17, 2024

Lotilla hopes for resolution of Dimalanta case

By Ed Paolo Salting – September 16, 2024 from The Manila Times ENERGY Secretary Raphael Lotilla hopes the government will resolve, at the soonest possible time, issues concerning the Energy Regulatory Commission (ERC), specifically the suspension of its chairman and […]
September 16, 2024

SCC sees ‘better’ 2nd half income

By Lenie Lectura – September 16, 2024 from Business Mirror A top executive of Semirara Mining and Power Corp. (PSE: SCC) is banking on an improved performance of the firm’s power business, possibly resulting in a “better income” in the […]
September 16, 2024

Aboitiz: Coal to meet rising power demand

By Alena Mae S. Flores – September 15, 2024, 7:00 pm from manilastandard.net Aboitiz Power chief corporate services officer Carlos Aboitiz Aboitiz Power Corp. underscored the need to maximize high-generating non-renewable sources like conventional coal power plants with a capacity […]
September 14, 2024

Alternergy on track to reach 500-MW capacity by 2026

By Alena Mae S. Flores – September 13, 2024, 8:25 pm from manilastandard.net Alternergy Holdings Corp. said Friday it is on track to meeting its 500-megawatt (MW) target capacity by 2026 with the start of the full construction of three […]
September 14, 2024

NEA directs ECs to insure critical assets vs. calamities

By Alena Mae S. Flores – September 13, 2024, 7:50 pm from manilastandard.net The National Electrification Administration (NEA) asked electric cooperatives (ECs) to be ready in the event of serious calamities by obtaining insurance policies for their critical assets as […]
September 13, 2024

Danish firm to spend $30M on offshore wind projects

By Lenie Lectura – September 12, 2024 from Business Mirror Copenhagen Infrastructure New Markets Fund (CINMF), the first 100-percent foreign-owned company to invest in offshore wind (OSW) development in the Philippines, is looking at spending $30 million on the predevelopment […]
September 13, 2024

Higher transmission charges due to reopening of reserve market—NGCP

By Alena Mae S. Flores – September 12, 2024, 7:05 pm from manilastandard.net The National Grid Corp. of the Philippines (NGCP) said Thursday the increase in transmission charges in the September 2024 power bills were due to higher ancillary services […]