April 24, 2018

Akelco urged to invoke ‘force majeure’ to suspend PSAs during Boracay closure

By Lenie Lectura – April 23, 2018 from Business Mirror THE Aklan Electric Cooperative Inc. (Akelco) was urged on Monday to invoke the “force majeure” provisions of its power-supply agreements (PSAs) with power-generation companies to temporarily suspend the procurement of unneeded electricity during […]
April 24, 2018

5 power firms eye seats in WESM

By Myrna M. Velasco – Updated April 23, 2018, 2:59 PM from Manila Bulletin At least five giant power generation companies (GenCos) have nominated their respective representatives in the board of the restructured Philippine Electricity Market Corporation (PEMC), the governing […]
April 23, 2018

NGCP given sole mandate on P52-B Vis-Min power link-up

By Myrna M. Velasco – April 21, 2018, 10:01 PM from Manila Bulletin It’s final – that the sole and ultimate mandate to undertake the P52-billion Visayas-Mindanao Interconnection Project (VMIP) will now just be in the court of private concessionaire […]
April 23, 2018

SREC breaks ground for hybrid-power plant in Palawan

By Lenie Lectura – April 22, 2018 from Business Mirror SABANG Renewable Energy Corp. (SREC) broke ground for its hybrid power plant in Palawan. SREC’s hybrid power plant will consist of 1.4 megawatts of solar power with a 2.3-MW-per-hour battery-storage system and […]