Power News

June 15, 2024

June Meralco rates jump amid higher generation charge

By Sheldeen Joy Talavera – June 14, 2024 | 12:33 am from Business World A lineman repairs a broken wire on an electric post in Manila, April 4, 2024. — PHILIPPINE STAR/RYAN BALDEMOR TYPICAL HOUSEHOLDS in areas served by Manila Electric […]
June 15, 2024

DOE streamlines approval process for RE projects

By Alena Mae S. Flores – June 14, 2024, 9:25 pm from manilastandard.net The Department of Energy (DOE) said it simplified the application process for renewable energy (RE) development to help establish greater ease of doing business in the energy […]
June 14, 2024

Alternergy secures P5.3-b RCBC loan for Alabat wind farm

By Alena Mae S. Flores – June 13, 2024, 8:25 pm from manilastandard.net Alternergy Holdings Corp. (Alternergy) said Thursday its unit Alabat Wind Power Corp. (AWPC) secured a P5.3-billion financing to partially fund the construction of its 64-megawatt Alabat wind […]
June 14, 2024

Pure Energy plans to venture into AI-powered indoor farms by third quarter

By Manila Standard Business – June 13, 2024, 7:55 pm Pure Energy Holdings Corp., a renewable energy company that invests in providing clean renewable energy and potable water to Filipino communities, plans to venture into artificial intelligence-powered agricultural technology specifically […]
June 14, 2024

ERC approves staggered payment for DU purchases at WESM

By Alena Mae S. Flores – June 13, 2024, 7:25 pm from manilastandard.net The Energy Regulatory Commission (ERC) on Thursday approved the staggered payment of Wholesale Electricity Spot Market (WESM) purchases by distribution utilities (DUs) for four months starting in […]
June 13, 2024

Meralco opens bidding for 600-MW supply

By Alena Mae S. Flores – June 12, 2024, 8:40 pm from manilastandard.net Power retailer Manila Electric Company (Meralco) said Wednesday it launched the competitive selection process (CSP) or bidding for 600 megawatts (MW) of baseload supply to meet its […]
June 13, 2024

NGCP commits to improving, expanding PH power grid

By Alena Mae S. Flores – June 12, 2024, 8:00 pm from manilastandard.net Grid operator National Grid Corp. of the Philippines (NGCP) reiterated its commitment to improving, upgrading, expanding and reinforcing the Philippine power grid after signing the connection agreement […]
June 12, 2024

Meralco launches bidding for 600-MW baseload supply

By Alena Mae S. Flores – June 12, 2024, 11:29 am from manilastandard.net Power retailer Manila Electric Company (Meralco) said Wednesday it launched the competitive selection process (CSP) or bidding for 600 megawatts (MW) of baseload supply intended to meet […]
June 12, 2024

No red alerts projected in coming weeks — DoE

By Sheldeen Joy Talavera – June 9, 2024 | 8:17 pm from Business World BW FILE PHOTO THE Department of Energy (DoE) does not expect red alerts to be declared on the power grid in the coming weeks with the […]
June 11, 2024

Meralco’s power sales surged nearly 9% in five months

By Alena Mae S. Flores – June 10, 2024, 11:12 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said its sales volume grew almost 9 percent in the first five months of 2024. Sales in May reached a record, […]