Luzon is forecasted initially to have a peak demand of 12,387 megawatts (MW) come May, according to the Manila Electric Company (MERALCO). Based on a BusinessWorld report, the projected demand is higher...
SMC Global Power Holdings Corporation, the power generating arm of San Miguel Corporation (SMC), said 690 megawatts (MW) in battery energy storage system (BESS) projects would be operational early this year. The...
Damages to power facilities brought by Typhoon Odette, specifically to distribution utilities (DUs) and electric cooperatives (ECs) in Visayas and Mindanao, currently stand at an estimated Php2.44 billion. On a per-island group...
Ayala-led ACEN is set to swap some of its assets for shares in exploration unit ACE Enexor, Inc. in a deed of assignment that the two entities signed before the end of...
A total of 87 out of 95 or 92% of transmission lines affected by Typhoon Odette in Visayas and Mindanao have been restored, according to the National Grid Corporation of the Philippines...
The Development Bank of the Philippines (DBP) has recently announced a new loan program aimed at expanding support for utility-scale solar power developers, as well as support renewable energy (RE) investments in...
The Philippine National Oil Company (PNOC) said on Friday it sold a part of the banked gas from the Malampaya gas field to undisclosed buyers on December 26, according to a Manila...
Ayala-led ACEN is raising a total of Php14 billion to develop solar and wind projects. In separate disclosures to the Philippine Stock Exchange on Wednesday, ACEN said it signed subscription agreements with subsidiaries...
The National Grid Corporation of the Philippines (NGCP) said on Wednesday that it has fully restored power transmission in Mindanao following the devastation left by Typhoon Odette. This comes as it has...
Mangima Hydro Power Corporation (MHPC), a firm led by Sen. Juan Miguel Zubiri, said on Tuesday said it had inked a Php2.4 billion loan agreement with the Philippine National Bank (PNB) for...
