The Department of Energy will push through with the launch of Mindanao’s own Wholesale Electricity Spot Market (WESM) next month to assure reliable power supply. This is amid the declaration of Martial...
Three firms have been pre-qualified to bid for the decommissioned 850-megawatt (MW) Sucat thermal power plant (STPP) in Muntinlupa City. The three companies are Riverbend Consolidated Mining Corporation, VPD Trading and G.G...
Power distributor Manila Electric Co. (Meralco) increases its overseas affiliations through a second partnership in Nigeria and the introduction of its payment services in Indonesia. Meralco sealed its second Nigerian partnership after...
The Lopez-led power distributor will focus on its commitment to bringing a less carbonized energy future by deploying solar and wind developments in the competitive arena. Solar and wind projects under the...
The National Power Corp. (Napocor) has filed separate petitions with the Energy Regulatory Commission (ERC) to recover nearly P1 billion of deferred fuel and foreign exchange power costs delivered in off-grid areas....
Phoenix Petroleum Philippines Inc. is acquiring LPG seller Petronas Energy Philippines Inc. (PEPI), a subsidiary of Malaysian firm Petronas Dagangan Berhad (PDB), with a planned 100% shares as part of its aggressive...
Renewable energy developers call for a two to four-year extension of feed-in-tariff (FIT) allocation to meet the challenges of building new RE technologies, namely biomass and run-of-hydro electricity. Taking cues from the...
A 13 percent drop in its first-quarter income to P4.4 billion was recorded by the Aboitiz Power Corp. following foreign exchange (forex) losses. The company recognized non-recurring losses of P577 million on...
The Global Business Power Corp. (GBPC) is looking to expand in the Luzon and Mindanao regions through investing in traditional power projects and entering the renewable energy sector to double its capacity...
The Energy Regulatory Commission (ERC) is urged to execute a periodic review of the system loss program to encourage efficiency among the power distributors. “The ERC should have a regular mechanism that...
