Power News

February 23, 2019

Greenergy invests P100M in RE unit

By Jordeene B. Lagare – February 23, 2019 from The Manila Times GREENERGY Holdings Inc. is investing up to P100 million in subsidiary Winsun Green Ventures Inc., which handles its green projects. In a disclosure on Friday, the listed holding […]
February 23, 2019

Basic Energy completes 15% acquisition of Thai company

By Alena Mae S. Flores – February 22, 2019 at 08:30 pm from manilastandard.net Basic Energy Corp. completed the acquisition of a 15-percent stake in VTE International Co. Ltd. (Thailand), or Vinter. Basic Energy said it bought 2,521.865 shares representing […]
February 22, 2019

More Power granted 25-year distribution franchise in Iloilo City

By Nestor P. Burgos Jr. – February 19, 2019 from inquirer.net ILOILO CITY — President Rodrigo Duterte has signed a law granting More Electric and Power Corp. (More Power), a firm controlled by billionaire Enrique Razon, a 25-year power distribution franchise […]
February 22, 2019

Duterte asked to sign energy efficiency law

By Alena Mae S. Flores – February 21, 2019 at 07:35 pm from manilastandard.net The Philippine Energy Efficiency Alliance on Thursday urged for the immediate signing into law of the Energy Efficiency & Conservation Act pending with the Office of […]
February 21, 2019

Oscar Reyes moving to gas firm of MVP group

By Myrna M. Velasco – February 20, 2019, 10:00 PM from Manila Bulletin Outgoing Manila Electric Company (Meralco) President Oscar S. Reyes who will be leaving his post in May this year, will reportedly be transferred to a company that […]
February 21, 2019

FDC files petition to recover P1.476 billion

By Alena Mae S. Flores – February 20, 2019 at 08:10 pm from manilastandard.net FDC Misamis Power Corp. filed a petition with the Energy Regulatory Commission to recover from Mindanao consumers P1.476 billion following the suspension of the Interim Mindanao […]
February 21, 2019

ERC reorganization bill hurdles House on second reading

By Charmaine A. Tadalan – February 18, 2019 | 10:05 pm from Business World PHILSTAR A BILL reorganizing the Energy Regulatory Commission and granting it some fiscal autonomy made it past second reading at the House of Representatives. House Bill […]
February 21, 2019

Senate backs franchise for Leviste solar firm, limited to 13 provinces

By Camille A. Aguinaldo – February 18, 2019 | 10:06 pm from Business World REUTERS THE SENATE committees on public services and energy have recommended the approval of a “non-exclusive” franchise for Solar Para sa Bayan Corp. (SPSBC) subject to […]
February 20, 2019

Regulator tells Meralco to use unclaimed refunds

By Jordeene B. Lagare – February 20, 2019 from The Manila Times Unclaimed Manila Electric Co. (Meralco) refunds should be utilized by the distribution utility to lower power rates, the Energy Regulatory Commission (ERC) announced on Tuesday. Meralco workers inspect […]
February 20, 2019

Hanergy launches solar technology

By Tyrone Jasper C. Piad – February 20, 2019 from The Manila Times Renewable energy firm Hanergy Philippines advocates innovative, sustainable and eco-friendly design in architecture through its thin-film solar technology. In an interview recently in Makati, Hanergy Philippines President […]