December 9, 2019

DOE sets formula for RE’s green energy pricing

By Myrna M. Velasco – December 7, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is crafting a formula that will establish the “green energy pricing” for renewable energy (RE) based on reference costs from the Wholesale […]
December 9, 2019

PSALM brings down liabilities to P416B as of end-October ’19

By Lenie Lectura -December 9, 2019 from Business Mirror THE  Power Sector Assets and Liabilities Management Corp. (PSALM) has trimmed down its financial liabilities by P33.2 billion this year, bringing its outstanding balance to P416 billion as of end-October this […]
December 9, 2019

AC Energy investing $1b in 1,500-MW plants in 2020

By Alena Mae S. Flores – December 08, 2019 at 07:10 pm from manilastandard.net AC Energy Inc., the power unit of the Ayala Group, plans a “significant and massive” $1-billion investment next year for its 1,500-megawatt expansion here and abroad. […]
December 9, 2019

Bicol power restoration to last until December 20

By Myrna M. Velasco – December 7, 2019, 10:00 PM from Manila Bulletin Pre-Christmas nights for many Bicolanos will literally be “in the dark” as the restoration of electricity service in typhoon Tisoy-battered areas will last until December 20, based […]