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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 National Power Corporation (NAPOCOR) has announced that its President and CEO Pio Benavidez has passed away on Tuesday due to a fatal heart attack. A licensed mechanical engineer, “Boss Pio” served...
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...
The Philippine Electricity Market Corporation (PEMC), which governs the Wholesale Electricity Spot Market (WESM), will have its new President, as Atty. Oscar Ala retired from the post. Based on a Manila Bulletin...
The Department of Energy (DOE) may delay the first round of its green energy auction program (GEAP), as it continues to collect data, noting that any new findings may have an impact...
Luzon, including Metro Manila, may be experiencing another round of rotating brownouts in the fourth quarter with the 20-day turnaround shutdown of the Malampaya gas-to-power project this October. Based on a Manila...
