Power News

May 11, 2024

Philippine renewable share lags 30% global average

By Sheldeen Joy Talavera – May 9, 2024 | 9:26 pm from Business World THE PHILIPPINES generated 22% of its power from renewables in 2023, lagging the global average of 30%, according to think tank Ember. “The Philippines has not […]
May 11, 2024

NEA, Maharlika in talks to upgrade Mindoro power facilities

By Sheldeen Joy Talavera – May 9, 2024 | 9:23 pm from Business World THE National Electrification Administration (NEA) said Maharlika Investment Corp. (MIC) has requested its participation in planning and evaluating the Mindoro Island Loop ahead of its upgrade […]
May 10, 2024

Alabat wind project starts construction

By Alena Mae S. Flores – May 9, 2024, 8:15 pm from manilastandard.net Alternergy Holdings Corp. subsidiary Alabat Wind Power Corp. (AWPC) on Thursday held a groundbreaking ceremony to start the construction of the P7-billion Alabat wind power project in […]
May 10, 2024

RE developer signs turbine supply deal for 100-MW Laguna wind project

By Alena Mae S. Flores – May 9, 2024, 7:50 pm from manilastandard.net The Blue Circle (TBC), a leading renewable energy company in Southeast Asia, signed an agreement with Goldwind International Philippines Inc. and Goldwind International Renewable Energy Ltd. to […]
May 10, 2024

Meralco launches urban farming project across facilities

By Manila Standard Business – May 9, 2024, 7:45 pm Manila Electric Co. (Meralco) launched its latest sustainability initiative with the introduction of PowerPlants—an urban farming project designed to reinforce its dedication to sustainable practices across its operations and facilities. […]
May 9, 2024

Watchdog backs ERC appeal on Meralco-SMC deals

By Alena Mae S. Flores – May 8, 2024, 8:40 pm from manilastandard.net The watchdog group Power for People Coalition (P4P) expressed support for the move by the Energy Regulatory Commission (ERC) to appeal before the Supreme Court (SC) the […]
May 9, 2024

ACEN’s income climbed to P2.7b in Q1 on higher power output

By Alena Mae S. Flores – May 8, 2024, 8:25 pm from manilastandard.net ACEN Corp., the listed energy platform of the Ayala Group, said Wednesday its consolidated net income climbed 34 percent to P2.7 billion in the first quarter of […]
May 9, 2024

NGCP seeks help to complete Amlan-Dumaguete line

By Alena Mae S. Flores – May 8, 2024, 7:55 pm from manilastandard.net National Grid Corp. of the Philippines asked stakeholders and Negros Oriental government officials for assistance as it expedites the completion of the Amlan-Dumaguete 138-kiloVolt (kV) transmission line […]
May 9, 2024

First Gen booked $81-m recurring net income in first three months

By Alena Mae S. Flores – May 8, 2024, 7:20 pm from manilastndard.net First Gen Corp. of the Lopez Group on Wednesday reported a 9-percent decline in attributable recurring net income to $81 million (P4.5 billion) in the first quarter […]
May 9, 2024

Alternergy eyes P4-b green corporate loan

By Alena Mae S. Flores – May 8, 2024, 7:10 pm from manilastandard.net The board of listed Alternergy Holdings Corp. approved the company’s plan to secure up to P4 billion in green corporate loan to support the construction of its […]