October 12, 2024

October rate slash breaks 3-month hikes

Meralco has announced a 36-centavo per kilowatt-hour (kWh) reduction in overall electricity rates this month. The improved supply situation in the Luzon grid contributed to the reduction. Average demand and capacity on outage decreased by 544 megawatts (MW) and 519 […]
October 11, 2024

SPNEC invests ₱6 billion in Terra Solar

By Lenie Lectura – October 11, 2024 from Business Mirror SP New Energy Corp. (SPNEC) said Thursday its board has approved an additional subscription to Terra Solar Philippines Inc. (TSPI) shares for P6.033 billion. “The additional subscription of SPNEC in […]
October 11, 2024

First Gen vows proper balance in energy supply

By Alena Mae S. Flores – October 10, 2024, 7:30 pm from manilastandard.net First Gen Corp. said it positions its portfolio of low-carbon power plants, including its natural gas-fired facilities, as balanced solutions to address the country’s “energy trilemma.” First […]
October 11, 2024

NPC warns of reduced supply without ERC approval

By Alena Mae S. Flores – October 10, 2024, 8:00 pm from manilastandard.net KUALA LUMPUR, Malaysia—State-run National Power Corp. (NPC) warned it would be forced to curtail operating hours of the Small Power Utilities Group (SPUG) operations by March 2025 […]