Power News

March 20, 2024

Alternergy gets DOE approval to start 174-MW wind projects

By Alena Mae S. Flores – March 19, 2024, 7:15 pm from manilastandard.net The Department of Energy (DOE) issued a declaration of commerciality, allowing the Alabat and Tanay wind projects to transition to development stage from pre-development, Alternergy Holdings Corp. […]
March 19, 2024

China firm bags Alternergy wind project contracts

By Alena Mae S. Flores – March 18, 2024, 7:55 pm from manilastandard.net Alternergy Holdings Corp. on Monday awarded to China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI) and its local subsidiary GEDI Construction Development Corp. […]
March 19, 2024

ERC pitches expanded regulatory powers to House committee

By Kenneth Christiane L. Basilio – March 18, 2024 | 9:08 pm from Business World PROPOSED amendments to a law that privatized the power generation and distribution industries should also include an expansion of the industry regulator’s oversight functions, the […]
March 19, 2024

ERC raises power generation caps for grids

By Sheldeen Joy Talavera – March 17, 2024 | 8:06 pm from Business World THE Energy Regulatory Commission (ERC) said it set new caps for installed generating capacity (IGC) and market share for the main power grids in 2024. The […]
March 18, 2024

ERC reviews Meralco, ACEN motion to recover P706m

By Alena Mae S. Flores – March 17, 2024, 7:00 pm from manilastandard.net Manila Electric Co. and ACEN Corp. filed a motion for price adjustment with the Energy Regulatory Commission involving a P706-million change in circumstance cost recovery in their […]
March 18, 2024

Consortium launches grid modernization guidebook

By Alena Mae S. Flores – March 17, 2024, 7:35 pm from manilastandard.net A consortium led by Climate Smart Ventures (CSV) launched a grid modernization and hybridization guidebook for off-grid electric cooperatives to help bring down power costs in rural […]
March 16, 2024

Prime Energy awards $69.9-m contract for new Malampaya drilling

By Alena Mae S. Flores – March 15, 2024, 9:15 pm from manilastandard.net Prime Energy Resources Development B.V. (Prime Energy) said Friday it awarded a major contract for the Malampaya phase IV project to Noble, one of the world’s largest […]
March 16, 2024

DOE endorses 17 power projects for grid impact study

By Alena Mae S. Flores – March 15, 2024, 8:50 pm from manilastandard.net The Department of Energy (DOE) said Friday it endorsed to system and transmission operator National Grid Corp. of the Philippines (NGCP) 17 power generation projects for the […]
March 16, 2024

Raimondo lauds PH investment climate for energy sector

By Alena Mae S. Flores – March 15, 2024, 7:00 pm from manilastandard.net US Commerce Secretary Gina Raimondo The US delegation led by Secretary of Commerce Gina Raimondo lauded the investment climate in the Philippines, particularly in the energy sector. […]
March 15, 2024

Alsons’ income climbed by 22% to P2.28b in 2023

By Alena Mae S. Flores – March 14, 2024, 7:40 pm from manilastandard.net Alsons Consolidated Resources Inc. (ACR), the publicly-listed company of the Alcantara Group, saw its net income rise 22 percent in 2023 to P2.285 billion from P1.875 billion […]