Power News

March 28, 2018

Basic Energy expects to finalize Myanmar solar power deal in April

By Jordeene Sheex Lagare – March 28, 2018 from The Manila Times De Venecia-led Basic Energy Corp. is targeting to seal a deal by April to invest in two Thai firms that clinched the contract for a 220-megawatt (MW) solar […]
March 27, 2018

Lawmaker seeks ERC rule revisions

By Jordeene Sheex Lagare – March 27, 2018 from The Manila Times A lawmaker wants to amend rules on using power generation companies’ (gencos) installed capacity to compute their market share limitations, which the Energy Regulatory Commission (ERC) sets annually. […]
March 27, 2018

DOE forms central committee to approve, review service contracts

By Myrna Velasco – Updated March 27, 2018, 8:56 AM from Manila Bulletin All approvals on award as well as review of energy service contracts will now go through a centralized review body that was institutionalized by the Department of […]
March 27, 2018

Old plants, rising demand threaten PH power supply

By Alena Mae S. Flores – March 26, 2018 at 07:25 pm from manilastandard.net The country’s aging power plants put the country’s power supply situation at risk, according to the Energy Department and power retailer Manila Electric Co. Energy Department […]
March 26, 2018

Basic Energy to pursue equity purchase in Thai firms

By Myrna M. Velasco – March 25, 2018, 10:00 PM from Manila Bulletin The De Venecia-led Basic Energy Corporation has indicated that it will push ahead with its planned 15 percent share purchase in Thai firm Vintage EPC Company Limited […]
March 26, 2018

Meralco asks ERC to approve supply contract with First Natgas

By Alena Mae S. Flores – March 25, 2018 at 07:20 pm from manilastandard.net Manila Electric Co. and First NatGas Power Corp., a wholly-owned subsidiary of First Gen Corp., filed an application with the Energy Regulatory Commission to approve their […]
March 26, 2018

NGCP gets clearance for ancillary partners

By Alena Mae S. Flores – March 25, 2018 at 07:05 pm from manilastandard.net The Energy Regulatory Commission issued a provisional authority to National Grid Corp. of the Philippines and its power generators capable of providing ancillary services to maintain […]
March 25, 2018

Auctions cutting solar costs to P1.00/kwh equivalent

By Myrna M. Velasco – March 24, 2018, 10:00 PM from Manila Bulletin Cancún, Mexico – In Latin America and elsewhere in the world, the prevailing auction or bidding systems for solar power projects – including those underpinned by policy […]
March 24, 2018

NGCP, DPWH partner to speed up projects

By Jordeene Sheex Lagare – March 24, 2018 from The Manila Times The National Grid Corp. of the Philippines (NGCP) and the Department of Public Works and Highways (DPWH) have signed an agreement to coordinate their projects and quicken implementation. […]
March 24, 2018

EDC secures $90-b loan from World Bank arm

By Alena Mae S. Flores – March 23, 2018 at 07:15 pm from manilastandard.net Renewable power producer Energy Development Corp. and International Finance Corp., a member of the World Bank Group, signed a 15-year financing agreement covering $90 million to […]