The Aboitiz Power Corporation still sees challenges in the renewable energy sector despite its promising benefits. In a report by the Manila Bulletin, Lacson pointed out several substantial hurdles, including regulatory uncertainties,...
The Energy Regulatory Commission (ERC) has penalized the National Grid Corporation of the Philippines (NGCP) for failing to comply with the commission’s directives regarding its Capital Expenditure (CAPEX) projects. In a decision...
Manila Electric Company (MERALCO) says it received interest from six power generation companies to participate in the Competitive Selection Process (CSP) for the distribution utility’s (DU) 400 megawatt (MW) supply requirement. “Following...
The Department of Energy (DOE) says that the integration of battery energy storage systems (BESS) into renewable energy projects under the Green Energy Auction Program (GEAP) 4 could increase offer prices. In...
In an effort to supply reasonably priced electricity and generate work for locals in Labrador town, Pangasinan province, Pangasinan 2nd District Representative Mark Cojuangco is pushing for the development of a 1,000...
Philippine Energy Efficiency Alliance, Inc. (PE2) says that managing the country’s peak demand should be considered first before building new capacities. PE2 said that from January to May 2023, the increase in...
The Department of Energy (DOE) says that six international companies and three local firms have submitted applications for Petroleum Service Contracts in the 1st Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) Conventional...
The Maharlika Investment Corporation (MIC) is gearing up to make its initial investments in the energy sector within the next 60 to 90 days. In a report by Business World, MIC President...
The Manila Electric Company (MERALCO) has obtained the lowest offer for its 600 megawatt (MW) baseload supply requirement through a Competitive Selection Process (CSP). Masinloc Power Co. Ltd. offered the best bid...
San Miguel Global Power Holdings Corporation (SMGP) is aiming to pull up USD 300 million in the offshore bond market to fund its solar energy projects. Philippine Star reported that in a...
