Power News

October 25, 2024

SPNEC: Nueva Ecija project to open in 2025

By Lenie Lectura – October 25, 2024 from Business Mirror SP New Energy Corp. (SPNEC) said Thursday that phase 1A of the 500-megawatt (MW) solar power project in Nueva Ecija is expected to come online in the last quarter of […]
October 25, 2024

AboitizPower 9-month net income hits P27.3B

By Ed Paolo Salting – October 25, 2024 from The Manila Times ABOITIZ Power Corp. on Thursday said that net income as of end-September was P27.3 billion, up 2 percent from the P26.7 billion recorded a year earlier, due to […]
October 25, 2024

ACEN unit investing $18m to fund Bangladesh solar plant

By Alena Mae S. Flores – October 24, 2024, 7:50 pm from manilastandard.net ACEN Renewables International Pte. Ltd. (ACRI) plans to invest $18 million in IBV ACEN Renewables Asia Pte. Ltd., its joint venture company with German firm ib vogt […]
October 24, 2024

Malampaya given status of ‘national significance’

By Lisbet K. Esmael – 02:32 AM October 24, 2024 from Philippine Daily Inquirer / inquirer.net The Department of Energy has certified the $600-million Malampaya Phase 4 project of tycoon Enrique Razon as one of “national significance,” entitling it to […]
October 24, 2024

MPower, partners to nurture additional 1,500 trees in Laguna

By TDT – 24 Oct 2024, 00:01 In line with its strong commitment to sustainability and environmental preservation, MPower, the local retail electricity supplier of Manuel V. Pangilinan-led Manila Electric Company (Meralco), recently organized its 9th CommuniTrees program in Siniloan, […]
October 23, 2024

Alternergy allots P2.2 billion for transmission project

By Brix Lelis – October 23, 2024 | 12:00am from The Philippine Star Alternergy, through Alternergy Tanay Wind Corp. (ATWC), is seeking the green light from the Energy Regulatory Commission (ERC) to build dedicated point-to-point limited transmission facilities for its […]
October 23, 2024

Greenheat to double solar capacity, pursue offshore projects

By Gabriell Christel Galang – Oct 22, 2024 03:57 PM from Manila Bulletin Solar solutions provider Greenheat Corporation plans to expand its operations in the coming months by increasing its installed capacity from 40 to 50 megawatts (MW) to 100 […]
October 23, 2024

BIR rules DUs, power co-op ineligible to claim input VAT

By Beatriz Marie D. Cruz – October 21, 2024 | 8:55 pm from Business World THE Bureau of Internal Revenue (BIR) said distribution utilities (DUs) and electric cooperatives (ECs) cannot claim input value-added tax (VAT) from generation and transmission charges, […]
October 23, 2024

BoI sees room to grow for energy efficiency, conservation investments in Mindanao

By Justine Irish D. Tabile – October 21, 2024 | 8:54 pm from Business World PHILSTAR FILE PHOTO THE Board of Investments (BoI) said that it had approved P15.23 billion worth of projects in Mindanao as of September, indicating the […]
October 22, 2024

Meralco Partners with SK Firms as it Endeavors to Play Integral Role in PH’s Nuclear Energy

By Alyanna Perez – 22 Oct 2024, 01:07 from Daily Tribune PARTNERS FOR INNOVATIVE ENERGY SOLUTIONS. Top officials of Manila Electric Co. and Doosan Enerbility Co., Ltd. have formalized a strategic partnership to drive energy innovation in the Philippines. In […]