January 23, 2025

PSALM extension hurdles Senate

By Butch Fernandez – January 22, 2025 from Business Mirror The Senate approved on third and final reading Senate Bill (SB) 2837, which extends the corporate term of the Power Sector Assets and Liabilities Management Corp. (PSALM). The bill will […]
January 23, 2025

Basic Energy expands RE portfolio with Batangas wind project

By Gabriell Christel Galang – Jan 22, 2025 12:41 PM from Manila Bulletin Basic Energy Corporation (BEC) is advancing its wind power project in Batangas by completing a Wind Resource Assessment (WRA). In a disclosure to the Philippine Stock Exchange […]
January 22, 2025

Meralco gets P 75-B loan to boost LNG venture

By Lisbet K. Esmael – 02:07 AM January 22, 2025 from inquirer.net / Philippine Daily Inquirer Manila Electric Co., the country’s largest private electric distribution utility, will take out P75 billion worth of loans from three major local banks, mainly […]
January 22, 2025

ERC delays rural electrification funding over cost dispute

By Gabriell Christel Galang – Jan 21, 2025 01:06 PM from Manila Bulletin A disagreement over how much the government should pay to electrify remote areas in the country has caused the Energy Regulatory Commission (ERC) to delay funding requests […]