August 17, 2024

DOE to ensure ‘marine protected areas’ are off-limits to offshore wind projects

BY Myrna M. Velasco – Aug 16, 2024 03:38 PM from Manila Bulletin At a glance In the Philippines, prospective offshore wind developers indicated that some of the service contracts (SCs) awarded within portions of the Batangas-Mindoro stretch may straddle […]
August 16, 2024

CREC’s revenues up 13%, income flat in first semester

By Alena Mae S. Flores – August 15, 2024, 8:10 pm from manilastandard.net Citicore Renewable Energy Corp. (CREC) recorded a flat growth in its net income in the first six months of 2024 to P456.40 million, as revenues went up […]
August 16, 2024

TransCo, NGCP sign agreement for inventory of transmission assets

By Manila Standard Business – August 15, 2024, 7:45 pm State-run National Transmission Corp. (TransCo) and the National Grid Corporation of the Philippines (NGCP) signed an agreement to resume the physical inventory of transmission assets to bolster the reliability and […]
August 16, 2024

Meralco cleared to hike power cost by P0.33 per kWh

By Alena Mae S. Flores – August 15, 2024, 7:30 pm from manilastandard.net The Energy Regulatory Commission (ERC) approved power retailer Manila Electric Co.’s (Meralco) bid to implement an increase of up to P0.33 per kilowatt-hour to recover the fuel […]