May 15, 2018

Policy clarity sought on extended FIT for hydro projects

By Myrna M. Velasco – Updated May 14, 2018, 3:27 PM from Manila Bulletin Given the four to five-year-long gestation for most hydropower projects, industry players are asking clarity from the Department of Energy (DOE) as to the application of […]
May 15, 2018

First Gen to cut debts by $500 M this year

By Myrna M. Velasco – May 14, 2018, 10:00 PM from Manila Bulletin Lopez-owned First Gen Corporation will be reducing the level of debts on its balance sheet by a scale of $500 million this year, a key company executive […]
May 15, 2018

DOE sets seamless power supply connection of industries

By Myrna M. Velasco – May 14, 2018, 10:01 PM from Manila Bulletin The Department of Energy (DOE) is enforcing a stringent timeline of 65 days to approve the applications of customers seeking direct connection to the power grid, primarily […]
May 14, 2018

Electricity rate decreases this May

Published May 12, 2018, 6:38 PM from Manila Bulletin Meralco announced a decrease in overall electricity rates for May 2018, amounting to PhP0.5436 per kWh for a typical household.The lower May rate is mainly due to the PhP0.4212per kWh decrease […]