December 21, 2020

RE firms eye P35.7B from FIT subsidies

By Myrna M. Velasco – December 21, 2020, 7:00 AM from Manila Bulletin The country’s renewable energy (RE) developers are eyeing to rake in next year P35.693 billion worth of feed-in-tariff (FIT) payments, a form of subsidy collected from all […]
December 21, 2020

Aboitiz Power to issue up to P8-B bonds

By Myrna M. Velasco – December 21, 2020, 5:30 AM from Manila Bulletin Aboitiz Power Corporation is planning to raise up to P8 billion from a proposed bond issuance as the initial tranche of its new three-year Shelf Registration of […]
December 21, 2020

LGUs receive P4.15-B share in energy fund

By Myrna M. Velasco – December 20, 2020, 6:00 AM from Manila Bulletin Remittances to local government units (LGUs) hosting energy projects reached as much as P4.155 billion this year, according to a report from the Department of Energy. The […]
December 20, 2020

ERC tightens benchmark for power plant outages

By Myrna M. Velasco – December 19, 2020, 7:00 AM from Manila Bulletin As power plant outages have been tormenting consumers not just of brownouts but also of electricity rate spikes, the Energy Regulatory Commission (ERC) has tightened the rules […]