December 27, 2019

DOE approves rules for ancillary reserves market

By Manila Standard Business – December 25, 2019 at 08:40 pm The Energy Department approved a circular adopting the general framework for the provision and utilization of ancillary or reserve services in the power grid, an official said. Energy Undersecretary […]
December 20, 2019

AC Energy, Ingrid Power ink share subscription deal

By Lenie Lectura -December 20, 2019 from Business Mirror AC Energy Philippines Inc. (ACEPH) signed a deal with Ingrid Power Holdings Inc., formerly AC Energy DevCo. Inc., for the subscription of common and preferred shares valued at P570 million. “ACEPH […]
December 18, 2019

DOE launches first renewable-energy on-line trading platform in Philippines

By Lenie Lectura -December 18, 2019 from Business Mirror The Department of Energy (DOE) on Tuesday introduced an on-line trading platform for renewable energy (RE) with the intention of making this commercially available starting next year. “Today marks a momentous […]
December 18, 2019

Cusi blasts costly RE-FIT in power rates

By MYRNA M. VELASCO – December 17, 2019, 10:00 PM from Manila Bulletin Taking aim at the project developers of renewable energy (RE) who lobbied strongly for the feed-in-tariffs (FITs), Energy Secretary Alfonso G. Cusi labeled the subsidy as one […]