November 5, 2018

Palace amenable to penalty provision vs failing electric coops

By Myrna M. Velasco – November 4, 2018, 10:00 PM from Manila Bulletin President Rodrigo Duterte has reportedly agreed in principle on the institutionalization of a “penalty provision” against electric cooperatives (ECs) that have been failing on their electrification mandate. […]
October 25, 2018

DBP credit facility offered to electric coops to stretch loan payments

By Myrna M. Velasco – October 24, 2018, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is dangling a payment arrangement on the debts of electric cooperatives (ECs) that shall be tied to a […]
October 19, 2018

NEA lending to power cooperatives exceeds 2018 targets after nine months

By Victor V. Saulon – October 16, 2018 | 10:51 pm from Business World THE National Electrification Administration (NEA) has released loans to electric cooperatives amounting to P1.8 billion, exceeding its target for the year ahead of schedule, the agency […]
October 19, 2018

NEA, Toshiba explore building H2One system

By Lenie Lectura – October 19, 2018 from Business Mirror THE National Electrification Administration (NEA) and Toshiba Energy Systems and Solutions Corp. will explore the possibility of constructing H2One, an autonomous energy supply system that uses renewable energy to produce […]