Despite last Saturday’s Yellow Alert in Luzon, Energy Sec. Alfonso Cusi said there was “still enough capacity in the system as it did not result [in] any power interruption.” The National Grid...
Solar Philippines and Indonesian joint venture (JV) partner Medco Energi Inc. on Thursday signed a 20-year power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), Indonesia’s government-owned power utility, for two 25-megawatt...
Pilipinas Shell Petroleum Corporation (PSPC), the country’s second-largest oil firm, registered a net income of Php3.9 billion in 2021, a reversal of its Php 16.2 net loss in 2020. Shell cited the...
Luzon was once again placed under a Yellow Alert on Saturday night, as several power plants went on unplanned outages and derated capacities, according to the National Grid Corporation of the Philippines...
Lopez-led Energy Development Corporation (EDC) has renewed its power supply agreement (PSA) with Silliman University for another two years. According to the renewable energy (RE) firm, Silliman has chosen to stay with...
The Luzon Grid reached its highest peak demand this year at 11,513 megawatts (MW) on Tuesday afternoon, according to the Independent Electricity Market Operator of the Philippines (IEMOP). IEMOP, the operator of...
The Energy Regulatory Commission (ERC) has released the preliminary prices for the Green Energy Auction Reserve (GEAR) under the government’s Green Energy Auction Program (GEAP). The preliminary GEAR price for solar is...
Lopez-led First Gen Corporation has launched its own electric vehicle (EV) pilot project in its Clean Energy Complex in Batangas City to help the company meet its carbon emission reduction goals. Dubbed...
The board of government-owned National Transmission Corporation (TransCo) has named Atty. Jainal Abidin Bahjin II as its new President and CEO. TransCo made the announcement on Monday, following the appointment of its...
PAVI Green Renewable Energy, Inc. – the renewable energy (RE) arm of former Senate President Manny Villar’s business empire – is investing around Php40 billion to help build a 1,000megawatt (MW) portfolio...
