After last month’s rate decrease of P0.29 per kilowatt-hour (kWh), Meralco continues to cut back with a P1.43 per kWh reduction for June, the company said at a press briefing on Thursday....
Energy Department Secretary Alfonso Cusi wants a third party to assess the audit in the power sector to address issues of competency and credibility. “We want the assessment to be made by...
The National Power Corp. (Napocor) has filed a petition asking to recover over P13B next year from customers in missionary areas for subsidies used in off-grid power generation. The state organization, in...
PetroEnergy Resources Corp. is in talks of preparations for drilling activities as they study local oil prospects once the international oil market improves. The publicly-listed energy firm, along with its partners, is...
Basic Energy is looking into solar power plant investments in Japan as part of its overseas expansion following the halt of the feed – in – tariff (FIT) scheme by the Philippine...
The SPC Power Corp. is set to enter the renewable energy business to sustain its profitability amid high performance in 2016. The company is looking at new opportunities in renewable energy projects...
The Riverbend Consolidated Mining Corp. became the highest bidder for the decommissioned 850-megawatt (MW) Sucat thermal power plant in Muntinlupa City. “Riverbend was declared the bidder with the highest offer after it...
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...
