October 25, 2021

No phaseout of coal power plants in Mindanao – Cusi

By Myrna M. Velasco – October 24, 2021, 7:00 AM from Manila Bulletin The Department of Energy (DoE) has categorically countered the planned buy-out and phaseout or retirement of coal-fired power plants in Mindanao, specifying that this is not part […]
October 25, 2021

Synergy Grid sets offer price at P12.00/share

By James A. Loyola – October 24, 2021, 7:00 PM from Manila Bulletin Synergy Grid & Development Philippines, Inc. has set the final price for its follow-on offering at P12.00 per share—at the bottom of its adjusted price range of […]
October 23, 2021

ERC: 3 gencos exceeded limit for unplanned outages

BY LENIE LECTURA – OCTOBER 21, 2021 from Business Mirror State firm Power Sector Assets and Liabilities Management Corp. (PSALM), Lopez-led Energy Development Corp. (EDC) and SPC Island Power Corp. (SIPC) exceeded the limit for the allowed number of days […]
October 23, 2021

EDC fined for breaching plant ‘forced outage’ limit

By Myrna M. Velasco – October 22, 2021, 5:22 PM from Manila Bulletin The Energy Development Corporation (EDC) was slapped with fines by the Energy Regulatory Commission (ERC) after its Nasulo geothermal plant was found to have breached the mandated […]