May 31, 2022

ERC issues GEAR prices

BY LENIE LECTURA – MAY 30, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has released the Green Energy Auction Reserve (GEAR) prices for the first round of the Green Energy Auction Program (GEAP). The GEAR price for solar […]
May 31, 2022

Royalties remitted to DOE in Q1 hit record–Semirara

BY LENIE LECTURA – MAY 30, 2022 from Business Mirror Semirara Mining and Power Corp. (SMPC) said Monday it has remitted P5.9 billion in royalties to the Department of Energy (DOE) in the first quarter. This is the highest amount […]
May 31, 2022

ERC approves PSA to address Mindoro brownouts

By Myrna M. Velasco – May 30, 2022, 3:54 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has provisionally approved a power supply agreement (PSA) that can augment electricity supply intended to end the lingering power interruptions in Occidental […]
May 30, 2022

Aboitiz taps Chinese-Filipino EPC solar project contractors

By Myrna M. Velasco – May 28, 2022, 11:54 AM from Manila Bulletin Aboitiz taps Chinese-Filipino EPC solar project contractors Aboitiz Renewables Inc., a subsidiary of listed firm Aboitiz Power Corporation, has tapped Chinese firm SUMEC Complete Equipment and Engineering […]