Power News

June 11, 2024

ERC investigating 29 power producers for breaching outage threshold

By Alena Mae S. Flores – June 10, 2024, 9:20 pm from manilastandard.net ERC Chairperson Monalisa Dimalanta The Energy Regulatory Commission (ERC) said Monday it is investigating 29 power generating companies for possible breach of outage allowance in April and […]
June 10, 2024

MGen remains keen on Atimonan LNG plant

By Alena Mae S. Flores – June 9, 2024, 8:35 pm from manilastandard.net Meralco PowerGen Corp. is still keen on developing Atimonan One Energy Inc. into a gas-fired power plant despite signing an agreement to acquire interest in Chromite Gas […]
June 10, 2024

Alternergy aims to finish 2 hydro projects by 2025

By Alena Mae S. Flores – June 9, 2024, 8:30 pm from manilastandard.net   Listed Alternergy Holdings Corp. expects to complete two hydropower projects, including the 4.6-megawatt Dupinga Mini Hydropower Project in Gabaldon, Nueva Ecija and the 17.4-MW Kiangan run-of-river […]
June 8, 2024

CREC listing fuels 5-GW green energy target by 2028

By Brix Lelis – June 8, 2024 | 12:00am from The Philippine Star Tycoon Edgar Saavedra, Securities and Exchange Commission chairman Emilio Aquino and Philippine Stock Exchange president and CEO Ramon Monzon mark Citicore Renewable Energy Corp.’s listing with a […]
June 8, 2024

First Gen, Jollibee team up to install solar panels in 4 manufacturing sites

By Manila Standard Business – June 7, 2024, 9:40 pm First Gen Corp. teams up with the Jollibee Group to install over 16,800 solar panels in the latter’s four main manufacturing sites in the Philippines. The solar panels have a […]
June 7, 2024

Meralco supports Robinsons Land’s developments

By Alena Mae S. Flores – June 6, 2024, 7:50 pm from manilastandard.net Manila Electric Co. (Meralco) presented a comprehensive development plan that will support the power requirements of the existing and future projects of Robinsons Land Corp. (RLC). This […]
June 7, 2024

ACEN infuses P8.69b into Giga Ace 8

By Alena Mae S. Flores – June 6, 2024, 7:35 pm from manilastandard.net ACEN Corp. said Thursday it signed a subscription contract with wholly-owned subsidiary Giga Ace 8 Inc. for the additional subscription in the company amounting to P8.69 billion. […]
June 7, 2024

Climate Investment Funds backs PHL’s $500-million coal-to-RE transition plan

By Sheldeen Joy Talavera – June 5, 2024 | 8:44 pm from Business World PEXELS-PIXABAY   THE BOARD of the Climate Investment Funds (CIF) has endorsed a $500-million financing package that will support the Philippine transition from coal to renewable energy […]
June 6, 2024

NPC asks ERC to raise rates as fuel fund gets depleted

By Alena Mae S. Flores – June 5, 2024, 7:25 pm from manilastandard.net State-run National Power Corp. (NPC) warned it would need additional funding for its fuel requirements next year, which can be addressed by its proposed new subsidized approved […]
June 6, 2024

Alternergy unit starts construction of Tanay wind farm

By Alena Mae S. Flores – June 5, 2024, 7:15 pm from manilastandard.net Alternergy Holdings Corp. said Wednesday an additional renewable energy capacity of 112 megawatts will be added to the Luzon electricity grid by end-2025 with the groundbreaking of […]