APRI eyes 17MW Tiwi binary plant
ABOITIZ Power Corp.’s renewable arm in geothermal power, AP Renewables, Inc. (APRI), will build a 17-megawatt (MW) binary plant in Tiwi, Albay.
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ABOITIZ Power Corp.’s renewable arm in geothermal power, AP Renewables, Inc. (APRI), will build a 17-megawatt (MW) binary plant in Tiwi, Albay.
A SUBSIDIARY of Razon-led Prime Infrastructure Capital Inc. (Prime Infra) has submitted an offer to the Manila Electric Company for the supply of 500 megawatts (MW) of mid-merit power using pumped storage hydropower (PSH) as an energy storage system.
The Energy Regulatory Commission (ERC) will hear next month a petition of the Manila Electric Co. (Meralco) to approve its P2.34-billion capital expenditure (capex) program for its expansion projects that would be implemented together with the relocation of its facilities affected by government projects.
Aboitiz Power Corp. has announced Thursday the resignation of independent director Raphael “Popo” Lotilla, who has been nominated as the next energy secretary.
PHILIPPINE Rating Services Corp. (PhilRatings) has assigned an issue credit rating of PRS Aaa to the proposed P10-billion green bond issuance of AC Energy Corp. (ACEN).
BELGROVE Power Corp. (BPC), a subsidiary of Romero-led Fort Pilar Energy Inc., will start construction of the proposed 60-megawatts (MW) gas turbine power plant in September this year while target commercial operations is expected to happen in May 2023.
THE Power Sector Assets and Liabilities Management Corp. (Psalm) claimed that South Premiere Power Corp. (SPPC), a power unit of San Miguel Corp. (SMC), has overdue payables amounting to P34.04 billion as of end-June this year.
PRESIDENT Ferdinand “Bongbong” R. Marcos, Jr. has picked Raphael Perpetuo Lotilla as his Energy Secretary.
The refund order of the Energy Regulatory Commission (ERC) mainly resulted in a decline in power rates this month to P9.7545 per kWh from P10.4612 per kWh last month.
Telco giant Philippine Long Distance Telephone Co. (PLDT) said Monday its biggest solar rooftop facility in the Visayas has been energized.
The staggering increase in fuel prices prompted two power units of San Miguel Corp. (SMC) and the Manila Electric Co. (Meralco) to seek regulatory approval for a temporary price adjustment intended for cost recovery under their 2019 power supply agreements (PSA).
Pilipinas Shell Petroleum Corp. on Thursday opened its first electric vehicle (EV) charging station, a move that puts the oil company closer to achieving its goal towards a lower carbon footprint.
THE Manila Electric Company was ordered by the Energy Regulatory Commission (ERC) to return to its customers a total of P21.8 billion after the agency recomputed the numbers submitted by the utility firm.
AC Energy Corp. (ACEN), the Ayala Group’s listed energy platform, is set to offer up to P10 billion in green bonds, proceeds of which will be used to finance the completion of three solar power projects.
THE financial obligations of the Power Sector Assets and Liabilities Management Corp. (PSALM) at end-June this year stood at P342.6 billion (around $6.185 billion at current exchange rates).
The Manila Electric Co. (Meralco) said Tuesday it would ask the Energy Regulatory Commission (ERC) for guidance after the Supreme Court (SC) voided the agency’s March 2014 order that imposed regulated prices.
The National Grid Corporation of the Philippines (NGCP) has once again placed the Luzon grid on yellow alert as power reserves fell after a number of power plants conked out.
LOPEZ-led Energy Development Corp. (EDC) said Monday it has won a competitive auction for the power requirements of electric cooperatives (ECs) in Bohol.
PAVI Green Renewable Energy Inc. of the Villar Group is gearing up to contribute to the Philippines’s goal of hitting 35-percent share of renewable energy (RE) capacity in the power generation mix by 2030.
After five consecutive weeks of price increases in diesel and kerosene, oil firms announced a price rollback on Monday.
Shell Philippines Exploration B.V. (SPEX) said over the weekend that it is set to complete the transfer of its helicopter base from Puerto Princesa to the newly-inaugurated aircraft hangar of INAEC Aviation Corp. inside Lio Airport in El Nido and begin hangar operations soon.
PHONE giant PLDT Inc. and multinational technology company Google have partnered to raise awareness about online safety for Filipino children.
Emerging Power Inc. (EPI), the renewable energy (RE) arm of Nickel Asia Corp. (NAC), and Shell Overseas Investments B.V. of Netherlands have teamed up to pursue RE projects in the Philippines.
THE National Grid Corporation of the Philippines (NGCP) said Thursday it has completed key components of the Mindanao-Visayas Interconnection Project (MVIP), paving the way for the completion of the P52-billion interconnection project that will link the Visayas and Mindanao grids.
The power business of San Miguel Corp. (SMC) is now ready to deploy 500megawatt hour (MWh) of battery energy storage system (BESS) facilities out of the 31 planned BESS for nationwide rollout.
Lopez-led Energy Development Corp. (EDC) has submitted the lowest bid for the contract to supply power to More Electric and Power Corp. (MORE Power).
Converge ICT Solutions Inc. will expand its fiber connectivity coverage in the Bicol region this year to bring its port deployment in Southern Luzon to over 400,000 fiber ports by year-end.
Solar Philippines said Tuesday it would soon submit another offtake proposal to complete its 9 terrawatt hour (TWh) per year of target contracted energy.
Globe Telecom Inc. reported Monday that it has blocked over 138 million spam and scam messages in its network from January to June 15 this year.
The Energy Regulatory Commission (ERC) has cleared the mode of ownership dispersal pursued by the National Grid Corporation of the Philippines (NGCP) last year.
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