December 19, 2023

ERC plans to raise secondary price cap in the electricity market to lure investors

By Alena Mae S. Flores – December 18, 2023, 9:20 pm from manilastandar.net The Energy Regulatory Commission (ERC) plans to raise the secondary price cap in the spot market to P9.8526 per kilowatt-hour from P6.245 per kWh. It said in […]
December 18, 2023

Philippine gov’t asked to get a stake in first offshore wind project.

By Alena Mae S. Flores – December 17, 2023, 8:15 pm from manilastandard.net The newly-formed Pilipinas Offshore Wind Energy Resource Inc. (POWER) asked the government to consider taking a stake in the country’s first offshore wind (OSW) project. “In Malampaya, […]
December 16, 2023

MORE Electric budgets P4b to upgrade Negros Occidental distribution system

By Alena Mae S. Flores – December 15, 2023, 7:55 pm from manilastandard.net Primelectric Holdings Inc. of businessman Enrique Razon Jr. earmarked P4 billion to modernize and upgrade the distribution system of Central Negros Cooperative. MORE Electric Power Corp. president […]
December 15, 2023

ACEN signs P11-b loan deal with ADB, BPI

By Alena Mae S. Flores – December 14, 2023, 7:50 pm from manilastandard.net ACEN Corp., the Ayala Group’s listed energy platform, said Thursday it signed an P11-billion sustainability-linked loan facility with the Asian Development Bank (ADB) and the Bank of […]