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Average electricity prices in the Wholesale Electricity Spot Market (WESM) began going down in June due to more stable supply and lower power demand, according to the Independent Electricity Market Operator of...
AC Energy and Citicore Power have officially begun the construction of its 72-megawatt (MW) Arayat-Mexico solar farm joint venture in Pampanga on Thursday. The Php2.7-billion project, expected to be commissioned in time...
Three run-of-river hydropower plants of Aboitiz Power Corporation subsidiary Hedcor in Bakun, Benguet were ordered to stop operations following a cease and desist order (CDO) issued on Tuesday by the National Commission on...
The Energy Regulatory Commission (ERC) has begun its virtual inspections on the National Grid Corporation of the Philippines’ (NGCP) transmission facilities last June 10, it recently said. The inspections are part of...
EEI Power Corporation, the power subsidiary of Yuchengco-led construction firm EEI Corp., will be joining the renewable energy (RE) bandwagon by venturing into solar rooftop development. Based on a Philippine Star report,...
Over a week after the gas restriction from Malampaya was lifted, production was once again limited on Monday, affecting the country’s five gas-fired power plants and posing another supply shortage in the...
The Department of Energy (DOE) has partnered with the World Bank Group (WBG) to launch the Philippine Offshore Wind Roadmap project, which intends to harness 170 gigawatts of potential offshore wind power...
AC Energy (ACEN) has begun operating its 120-megawatt (MW) GigaSol Alaminos solar farm in Laguna, the country’s second largest and the company’s second facility of its kind to open this year. The...
Four major foreign banks will reportedly fund Davao-based businessman Dennis Uy’s $460 million acquisition of the 45% stake of Shell Philippines Exploration B.V. (SPEX) in the Malampaya gas-to-power project. Based on a...
The reserves of the Malampaya gas field may hit nearly rock bottom as early as next year, according to an official of the Department of Energy (DOE). Based on a Manila Bulletin...
