July 7, 2017

Slight power-rate increase likely this month–Meralco

By Lenie Lectura – July 6, 2017 from Business Mirror OVERALL power rates for July are expected to remain flattish to a single-digit increase, the Manila Electric Co. (Meralco) said on Thursday. Meralco is expected to release its July electricity rates on Friday. As […]
July 6, 2017

DOE approves Citicore’s five hydropower service contracts totaling 2,300 megawatts

By  Lenie Lectura – July 5, 2017 from Business Mirror THE Department of Energy (DOE) has awarded Citicore Power Inc. (CPI) five service contracts for its pumped-storage hydropower projects with a total capacity of 2,300 megawatts (MW). The company said on Wednesday it received the contracts […]
July 3, 2017

Solar PHL wants DUs to source energy from solar power

By Lenie Lectura – July 2, 2017 from Business Mirror SOLAR Philippines wants distribution utilities (DUs) to stop sourcing their power requirements from coal plants and, instead, shift to solar power. Solar Philippines President Leandro Leviste said his company submitted to the country’s […]
July 3, 2017

Veco seeks more RE use for balanced mix of power

By Lenie Lectura – July 2, 2017 from Business Mirror THE Visayan Electric Co. (Veco), the second-largest electricity-distribution utility, continues to push for renewable energy (RE) in order to maintain a balanced mix of power-generation sources. No doubt the initial investment into RE […]