Power News

October 2, 2017

NREB proposes clustering of small power utilities group

By Lenie Lectura – September 28, 2017 from Business Mirror IN a bid to entice more investors, the National Renewable Energy Board (NREB) has asked the National Power Corp. (NPC) to regroup the off-grid areas based on their demand for power capacity. “I […]
October 2, 2017

Alsons clears P1-b investment in Sarangani hydro

by Alena Mae S. Flores – September 29, 2017 at 07:01 pm from manilastandard.net Alsons Consolidated Resources Inc. approved an investment of up to P1 billion into the 15.1-megawatt Siguil hydro power project through unit Alsons Renewable Energy Corp., the direct owner of the […]
October 2, 2017

2 more years of ‘policy uncertainty’ for RE investors

By Myrna M. Velasco – October 2, 2017, 7:20 AM from Manila Bulletin Local and foreign investors have been batting for clarity and certainty on policy issues in the renewable energy (RE) sector, but the Department of Energy (DOE) had […]
September 29, 2017

Meralco sees sales volume rising 5%

By Alena Mae S. Flores – September 27, 2017 at 07:01 pm from manilastandard.net Manila Electric Co., the biggest electricity retailer, expects sales volume to grow 5 percent this year in the face of increased demand across all sectors. “This year, we’re […]
September 29, 2017

DoE endorses joint oil exploration with China

By Alena Mae S. Flores – September 27, 2017 at 07:01 pm from manilastandard.net The Energy Department endorsed for Malacañang’s approval the farm-in agreement between state-run PNOC Exploration Corp. and China National Offshore Oil Corp. over a petroleum-rich area northwest off Palawan […]
September 29, 2017

NGCP says reserves in Luzon grid thin again

By Alena Mae S. Flores – September 28, 2017 at 07:01 pm from manilastandard.net Grid operator National Grid Corp. of the Philippines declared a ‘yellow alert’ in the Luzon grid for a few hours Thursday amid thin reserves brought about by the outage […]
September 27, 2017

San Miguel postpones IPO of energy business

By Lenie Lectura – September 27, 2017 from Business Mirror SMC Global Power Holdings Corp., the power arm of conglomerate San Miguel Corp. (SMC), has postponed anew its planned initial public offering (IPO) this year due to unresolved issues involving contracts it entered […]
September 27, 2017

Danish RE firm notes hazy PHL policy on wind power

By  Lenie Lectura – September 27, 2017 from Business Mirror VESTAS Asia Pacific Wind Technology Pte. Ltd. expressed anew its concern on the lack of clear-cut policy of the Philippine government on incentives for wind-power projects. “What the industry needs is a clarity […]
September 26, 2017

San Miguel power biz to bid for Masinloc plant ownership

By  Lenie Lectura – September 25, 2017 from Business Mirror THE power business of San Miguel Corp. (SMC) may bid for the controlling stake of AES Corp. in the 600-megawatt (MW) coal-power plant in Masinloc, Zambales. “Yes, we are interested,” said SMC […]
September 23, 2017

NGCP: Negros-Panay submarine cable ready

by Alena Mae S. Flores – September 22, 2017 at 07:01 pm  from manilastandard.net Grid operator National Grid Corp. of the Philippines is set to energize the Negros-Panay submarine cable at its full capacity of 300 megawatts by the first quarter next year to […]