June 29, 2022

PSALM logs P27.14-B receivables from Ilijan plant

By Myrna M. Velasco – June 28, 2022, 2:59 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has P27.140 billion receivables from South Premiere Power Corporation (SPPC), a company under San Miguel group that served […]
June 28, 2022

NGCP’s mode of ownership dispersal secures ERC nod

BY LENIE LECTURA – JUNE 27, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has cleared the mode of ownership dispersal pursued by the National Grid Corporation of the Philippines (NGCP) last year. In an order promulgated last June […]
June 28, 2022

RE developers subject to bid bond cancellation

By Myrna M. Velasco – June 27, 2022, 4:00 PM from Manila Bulletin Renewable energy (RE) developers, which have been awarded with 20-year power supply agreements (PSAs) under the Green Energy Auction Program (GEAP), face bid bonds cancellation if they […]
June 27, 2022

Solar PHL bags most of RE capacity in energy auction

BY LENIE LECTURA – JUNE 27, 2022 from Business Mirror Data from the Department of Energy (DOE) website showed that Solar Philippines won 70 percent of all RE capacity in the DOE auction, or 1380MW out of 1996MW across all […]