November 18, 2021

Moratorium on FIT interest extended

BY LENIE LECTURA – NOVEMBER 17, 2021 from Business Mirror The Energy Regulatory Commission (ERC) is extending for six months the suspension of the collection of interest on delayed feed-in-tariff (FIT) revenue owed by the government to eligible renewable energy […]
November 17, 2021

PetroEnergy income up 30% to P544 M

By Myrna M. Velasco – November 16, 2021, 5:30 PM from Manila Bulletin Yuchengco-led PetroEnergy Resources Corporation (PERC) said its nine-month net income increased by 30 percent to P544 million from P417 million in the same period last year. From […]
October 14, 2021

ERC eyes extension of feed-in-tariff rate on run-of-river projects

By Alena Mae S. Flores – October 13, 2021 at 07:30 pm from manilastandard.net The Energy Regulatory Commission is studying the extension of the feed-in tariff rate for run-of-river projects at P5.8705 per kilowatt-hour from Jan. 1, 2020 until the […]
September 8, 2021

ARTA presses ERC to act on petition to nullify FiT hike

By Angelica Y. Yang – September 6, 2021 | 9:01 pm from Business World THE Anti-Red Tape Authority (ARTA) issued notice to the Energy Regulatory Commission (ERC) of an eight-months-delayed Laban Konsyumer, Inc. (LKI) petition to nullify feed-in tariff (FiT) […]