Power News

July 15, 2024

DOE eyes second bid round for microgrid systems in August

By Alena Mae S. Flores – July 14, 2024, 7:30 pm from manilastandard.net The Department of Energy (DOE) said will hold the second round of competitive selection process (CSP) for microgrid system provider (MGSP) next month that will initially electrify […]
July 13, 2024

Meralco PowerGen executive appointed new head of SPNEC

By Jenniffer B. Austria – July 12, 2024, 9:55 pm from manilastandard.net The newly-appointed president and chief executive of Meralco PowerGen Corp. (MGen) was elected as the president of SP New Energy Corp (SPNEC). SPNEC said in a disclosure to […]
July 13, 2024

NGCP’s new transmission line to benefit 59m users

By Alena Mae S. Flores – July 12, 2024, 9:20 pm from manilastandard.net HERMOSA, Bataan—The National Grid Corp. of the Philippines said Friday some 59 million households and other power consumers would benefit from the completion of the Mariveles-Hermosa-San Jose […]
July 13, 2024

ACEN acquires more shares in Belenos Energy for P467m

By Alena Mae S. Flores – July 12, 2024, 9:05 pm from manilastandard.net ACEN Corp., the power generation arm of the Ayala Group, said it is subscribing to more shares in subsidiary Belenos Energy Corp. for P467.75 million. ACEN said […]
July 12, 2024

Amber Kinetics to expand operations in PHL–exec

By Lenie Lectura – July 12, 2024 from Business Mirror Amber Kinetics Inc. is investing some $400 million in the expansion of its energy storage system business in the Philippines and the United States, according to its chief executive. The […]
July 12, 2024

Reopening of power reserve market likely to be delayed—ERC

By Alena Mae S. Flores – July 11, 2024, 8:15 pm from manilastandard.net The Energy Regulatory Commission said Thursday the resumption of operations of the reserve market may be delayed, pending the completion of the public consultations on the floor […]
July 12, 2024

Meralco subsidiary energizes Japanese manufacturing plant in Batangas

By Alena Mae S. Flores – July 11, 2024, 7:35 pm from manilastandard.net MSpectrum Inc., a wholly-owned solar subsidiary of Manila Electric Co. (Meralco), energized the solar rooftop facility of Japanese manufacturer Citizen Finedevice Philippines Corp. in Batangas province. The […]
July 11, 2024

MORE investing P3.5b to modernize CENECO

By Alena Mae S. Flores – July 10, 2024, 9:00 pm from manilastandard.net ILOILO CITY—MORE Electric and Power Corp. plans to invest up to P3.5 billion to modernize and upgrade the distribution systems of Central Negros Cooperative and Bohol Light […]
July 11, 2024

Port constraints expected to delay offshore wind progress

By Ashley Erika O. Jose – July 10, 2024 | 8:58 pm from Business World THE PHILIPPINES is likely to miss its target of launching offshore wind farm operations by 2028 due to lack of progress in developing the specialized […]
July 10, 2024

PHL updating energy plans; nuke deal with US in force

By Malou Talosig-Bartolome and Lenie Lectura – July 10, 2024 from Business Mirror THE Philippine-US nuclear energy deal entered into force on July 2, the US State Department announced on Tuesday. The PHL-US Agreement for Cooperation in Peaceful Uses of […]