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 […]
October 10, 2024

Philippines’ dependency on coal not cheap—power exec

By inquirer.net – 12:45 PM October 09, 2024 Coal power plant. INQUIRER STOCK PHOTO MANILA — An official of Lopez-led First Gen Corp., the country’s leading clean energy provider, said in a recent forum that the country cannot continue to […]