August 28, 2024

SPC Power signs deal to sell stake in BLCI to Prime electric

By Alena Mae S. Flores – August 27, 2024, 7:30 pm from manilastandard.net SPC Power Corp. executed a share purchase agreement for the sale of its 39.9-percent interest in Bohol Light Co. Inc. to businessman Enrique Razon Jr.’s Primelectric Holdings […]
August 27, 2024

First Gen eyeing income boost this year with add’l revenues from geothermal assets

BY Myrna M. Velasco – Aug 26, 2024 02:11 PM from Manila Bulletin At a glance The latest project of its subsidiary Energy Development Corporation (EDC) that reached commercial operations in July had been its 28.9MW Palayan binary geothermal facility […]
August 27, 2024

ERC clarifies ‘longstop date’ in PSAs

By Lenie Lectura – August 27, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has cautioned power generation companies against seeking for a termination of their power supply agreement (PSA) earlier than the prescribed period stated under relevant laws […]
August 26, 2024

DOE endorsed 12 power projects for system impact study to NGCP in July

By Alena Mae S. Flores – August 25, 2024, 7:45 pm from manilastandard.net The Department of Energy (DOE) endorsed 12 projects for system impact study by the National Grid Corp. of the Philippines (NGCP) in July, bringing the total endorsed […]