January 20, 2017

Hedcor ready to supply Zaneco 5 MW of power

By Lenie Lectura – January 18, 2017 from Business Mirror ZAMBOANGA del Norte Electric Cooperative (Zaneco) has again tapped Hedcor Bukidnon to supply the electric cooperative an additional 5 megawatts (MW) of electricity this year. Hedcor is a unit of […]
January 20, 2017

AC Energy eyes P7.489-billion RE investment deal in Indonesia

By Lenie Lectura – January 19, 2017 from Business Mirror AC Energy Holdings Inc. is expected to seal in the very near future another investment deal involving renewable energy (RE). The power arm of Ayala Corp., AC Energy President John […]
January 18, 2017

WESM Dec. 2016 billing rate lowest since January 2011–PEMC

By Lenie Lectura – January 7, 2017 from Business Mirror Market prices in the Wholesale Electricity Spot Market (WESM) went down to P2.28 per kilowatt-hour (kWh) for the December 2016 billing period, the lowest since January 2011. Philippine Electricity Market Corp. (PEMC) said […]
January 12, 2017

DOE may lower WESM secondary price cap during Malampaya shutdown

By Lenie Lectura – January 10, 2017 from Business Mirror THE Department of Energy (DOE) has raised the possibility of further lowering the secondary price cap in the Wholesale Electricity Spot Market (WESM) to cushion the possible impact during the 20-day shutdown of […]