Power News

November 14, 2018

AC Energy buys into Singapore’s TBC for 1,500-MW power project

By Lenie Lectura – November 14, 2018 from Business Mirror AC Energy International Holdings Pte. Ltd., a subsidiary of AC Energy Inc., has acquired around 25 percent of Singapore-based The Blue Circle Pte. Ltd. (TBC), the leading developer of wind-energy projects in […]
November 13, 2018

EDC recurring net 9-month income down 3.0% to P6.4 B

By Myrna M. Velasco – November 12, 2018, 10:00 PM from Manila Bulletin The consolidated recurring net income of Energy Development Corporation (EDC) had been down 3.0-percent to P6.4 billion within this year’s January to September stretch from last year’s […]
November 13, 2018

AboitizPower not getting more assets from Ayalas

By Lenie Lectura – November 13, 2018 from Business Mirror ABOITIZ Power Corp. is not keen on acquiring another thermal power asset of AC Energy Inc., saying it would rather focus on existing power assets also located in Mindanao. Aboitiz […]
November 13, 2018

Solar projects lined up by Spectrum to double installed current capacity

By Lenie Lectura – November 13, 2018 from Business Mirror SPECTRUM, the renewable-energy subsidiary of Manila Electric Co. (Meralco), has lined up more solar-power projects this year that would double its current installed capacity. “We’re building a series for installations for […]
November 12, 2018

EDC inks power supply deal with manufacturing firm

By Myrna M.Velasco – November 11, 2018, 10:00 PM from Manila Bulletin Lopez majority-owned Energy Development Corporation (EDC) has inked a 2.7-megawatt power supply agreement with Continental Temic Electronics Philippines to serve the latter’s electricity requirements at its manufacturing site […]
November 12, 2018

PH nixes carbon tax on coal, thermal plants

By Myrna M. Velasco – November 11, 2018, 10:00 PM from Manila Bulletin HANOI, Vietnam – The Philippines is not adopting the policy of enforcing a carbon tax on its thermal power facilities and similarly situated technologies because this will […]
November 12, 2018

Meralco’s solar energy unit plans to install 20-MW rooftop projects

By Alena Mae S. Flores – November 11, 2018 at 07:20 pm from manilastandard.net Manila Electric Co.’s renewable energy subsidiary Spectrum is targeting to install 20 megawatts of solar rooftop projects next year, after successfully completing 10 MW of projects […]
November 12, 2018

NGCP breaks ground on cable terminal stations for MVIP

By Lenie Lectura – November 12, 2018 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) recently broke ground on the new cable terminal stations, which serve as a major component of the multibillion-peso Mindanao-Visayas Interconnection Project (MVIP). […]
November 10, 2018

Meralco subsidiary upbeat on Atimonan power supply deal

By Alena Mae S. Flores – November 09, 2018 at 08:05 pm from manilastandard.net Meralco PowerGen Corp., a unit of Manila Electric Co., is still confident the supply agreement of the 1,200 megawatt Atimonan One Energy coal power plant will […]
November 10, 2018

NGCP to complete cable project in 2020

By Alena Mae S. Flores – November 09, 2018 at 07:30 pm from manilastandard.net National Grid Corp. of the Philippines is confident of completing its P52-billion Mindanao-Visayas Interconnection Project by 2020 after breaking ground recently on the cable terminal stations […]