The Manila Electric Company (MERALCO) said that power rates may go down once more this coming March following the Php13.9 billion refund recently approved by the Energy Regulatory Commission (ERC). MERALCO vice...
SN Aboitiz Power (SNAP) said it is tapping into the 633 megawatts (MW) of dependable capacity from its three hydroelectric power plants in Isabela and Benguet for the Department of Energy’s (DOE)...
San Miguel Corporation (SMC) said that it wishes to continue talks with the government even after its new condition regarding the advanced full settlement of its monthly payments for the 1,200-megawatt Ilijan...
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) has rejected the new condition recently imposed by SMC Global Power Holdings (SMCGPH) unit South Premiere Power Corporation (SPPC) for the ownership of...
The Securities and Exchange Commission (SEC) has given Aboitiz Power Corporation the go-signal to offer fixed-rate bonds worth up to Php30 billion. The quasi-judicial agency said that the company may issue the...
A generator of the GNPower Mariveles Coal-fired Power Plant in Bataan went on an unscheduled outage, according to its owner Aboitiz Power Corporation. Unit 1 of the 632-megawatt plant suddenly shut down...
Cebu-based Vivant Energy Corporation and subsidiary Amberdust Holding Corporation (AHC) is expanding its foothold in Mindanao by investing Php434 million in Bukidnon-based power companies owned by Sen. Juan Miguel Zubiri. In a...
The Energy Regulatory Commission (ERC) has revised the minimum financial capability standards for generation companies (gencos) after over a decade to ensure efficiency and financial performance in the country’s power sector. Based...
Solar Philippines of millennial businessman Leandro Leviste is planning to build a massive solar power plant in Nasugbu, Batangas. Based on the project description the company submitted to the Department of Environment...
A manufacturer of fast chargers and retrofit kits for electric vehicles (EVs) has secured fiscal perks from the government for its commitment to produce EV batteries. The Board of Investments (BOI) has...
