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 […]
October 11, 2024

NEA likely to miss 2024 electrification target

By Sheldeen Joy Talavera – October 9, 2024 | 8:21 pm from Business World THE National Electrification Administration (NEA) said it will fall short of its 2024 target to electrify 91% of all households, citing inadequate funding. “Based on the […]
October 10, 2024

Meralco, Doosan of Korea sign nuclear energy partnership

By Alena Mae S. Flores – October 9, 2024, 7:10 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) and South Korea’s Doosan Enerbility Co. Ltd. signed a memorandum of understanding (MOU) to explore strategic collaborations on developing low-carbon energy […]
October 10, 2024

CREC approves release of P1.22-b proceeds from IPO

By Alena Mae S. Flores – October 9, 2024, 8:00 pm from manilastandard.net The board of Citicore Renewable Energy Corp. (CREC) approved the advance release of the proceeds from its initial public offering (IPO) amounting to P1.2228 billion. CREC said […]