March 27, 2023

IEMOP: Time to review, but not junk, the SPC on traded power

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror THE Independent Electricity Market Operator of the Philippines (IEMOP) agrees that the secondary price cap (SPC), a mechanism that puts a ceiling on traded power whenever prices shoot up in […]
March 23, 2023

First Gen Hydro to use part of Pantabangan watershed

BY LENIE LECTURA – MARCH 22, 2023 from Business Mirror FIRST Gen Hydro Power Corp. (FGHPC) will utilize a 36-hectare portion of the 84,000-hectare Pantabangan-Carranglan Watershed Forest Reserve for its 120-megawatt (MW) Aya pumped-storage hydroelectric power project. The subsidiary of […]
February 22, 2023

SMPC to expand capacity of Zamboanga power plant

BY LENIE LECTURA – FEBRUARY 22, 2023 from Business Mirror San Miguel Consolidated Power Corp. (SMPC) is proposing to expand its 28megawatt (MW) gas turbine power plant project by another 28MW for P1.6 billion, bringing the total project cost to […]
February 22, 2023

Alternergy names new independent directors

BY LENIE LECTURA – FEBRUARY 22, 2023 from Business Mirror Alternergy Holdings Corp. (Alternergy) announced Tuesday the appointment of former Trade Secretary Gregory L. Domingo and Maria Theresa Marcial, President and CEO of BPI Wealth-A Trust Corp., as independent directors. […]