Power News

June 29, 2024

Senate panel backs indigenous gas

When we have our own source, that gives us more security. It is very simple. By TDT – Jun 29, 2024, 00:20 The Senate Committee on Energy pushed for the development of indigenous gas resources, citing the need for a […]
June 29, 2024

EDC subsidiary seeks ERC approval for connection facility

By Alena Mae S. Flores – June 28, 2024, 8:05 pm from manilastandard.net Bac-Man Geothermal Inc. is seeking the approval of the Energy Regulatory Commission (ERC) to develop and operate a dedicated point-to-point limited facility to connect the 20-megawatt Tanawon […]
June 28, 2024

ACEN installs 14 wind turbines for Capa wind project in Ilocos Norte

By Alena Mae S. Flores – June 27, 2024, 8:15 pm from manilastandard.net ACEN Corp. and its joint partner installed 14 wind turbines with a capacity of 5 megawatts for the 70-MW Capa wind project in Caparispisan, Pagudpud, Ilocos Norte […]
June 28, 2024

NGCP asks ERC to approve more transmission lines

By Alena Mae S. Flores – June 27, 2024, 7:55 pm from manilastandard.net The National Grid Corp. of the Philippines (NGCP) said Thursday it sought the Energy Regulatory Commission’s (ERC) approval for the 500-kV backbone looping and extensions in Luzon […]
June 27, 2024

Meralco: 8 gencos keen on power deal

By Lenie Lectura – June 27, 2024 from Business Mirror The Manila Electric Co. (Meralco) has received offers from eight power generation companies (gencos) to supply the requirements of the utility firm for 15 years. “Eight gencos submitted expressions of […]
June 27, 2024

NexGen sets IPO price at P1.68, offer period starts July 1

By Jenniffer B. Austria – June 26, 2024, 8:30 pm from manilastandard.net Renewable energy firm NexGen Energy Corp. set the final price for its P580-million initial public offering (IPO) at P1.68 per share. NexGen said in a letter to the […]
June 26, 2024

NGCP completes energy project

By Lenie Lectura – June 26, 2024 from Business Mirror The National Grid Corporation of the Philippines (NGCP) announced that it has completed a major transmission project. The grid operator said Tuesday it has energized the Hermosa-San Jose 500-kiloVolt (kV) […]
June 26, 2024

Stakeholders seek fair gov’t policies, regulation to boost energy investments

By Alena Mae S. Flores – June 25, 2024, 8:45 pm from manilastandard.net Members of the electricity value chain underscored the importance of clear and fair policy guidelines and regulation due to the huge investments needed for energy projects. “[There […]
June 25, 2024

Reserve market likely to reopen in July, says ERC

By Alena Mae S. Flores – June 24, 2024, 7:35 pm from manilastandard.net ERC Chairperson Monalisa Dimalanta The Energy Regulatory Commission (ERC) plans to resume the commercial operations of the reserve market in July 2024 as electricity prices are expected to […]
June 25, 2024

Palm power taps UK rehab service

By Maria Bernadette Romero – Jun 24, 2024, 00:20 from Daily Tribune Photo courtesy of Palm Concepcion Power Corporation | FB   Palm Concepcion Power Corp. (PCPC) has tapped Quartzelec Ltd., a United Kingdom-based contractor, to undertake a two-phase repair […]