MERALCO Powergen Corporation (MGen), through its renewable energy (RE) arm MGen Renewable Energy, Inc. (MGreen), has acquired an additional 20% equity in Powersource First Bulacan Solar, Inc. (PFBSI), raising its total stake...
Pilipinas Shell Petroleum Corporation said it is awaiting the copy of the Court of Tax Appeals’ (CTA) recent ruling upholding its earlier granting of an excise tax refund to the company worth...
The Bureau of Customs (BOC) increased its revenue collection from petroleum products in November 2020 by 54.1% to P12.8 billion compared to Php8.33 billion in the same period last year due to...
SMC Global Power Holdings, Inc., the power generation arm of San Miguel Corporation, is expanding its Masinloc coal-fired power plant in Zambales by 630 megawatts (MW) worth around Php73 billion. Based on...
The Energy Regulatory Commission (ERC) has approved the new price determination methodology (PDM) for the Wholesale Electricity Spot Market (WESM), which will help expedite the spot market’s opening in Mindanao. “The new...
Aboitiz Power Corporation expects to complete the 1,336-megawatt GNPower Dinginin coal-fired power plant in Mariveles, Bataan by the second quarter of this year. AboitizPower President and CEO Emmanuel Rubio said that one...
Even as the COVID-19 pandemic affected the power sector, Aboitiz Power Corporation said it remains focused on more than doubling its capacity, which includes the expansion of its renewable energy (RE) portfolio....
The National Grid Corporation of the Philippines (NGCP) is appealing to the government to allow its suppliers, as well as shipments of essential transmission equipment, to enter the country amid the travel ban...
(UPDATED) The Manila Electric Company (MERALCO) has confirmed receipt of the Energy Regulatory Commission’s (ERC) order to refund to its customers over-recoveries of its pass-through charges worth Php1.4 billion and to collect under-recoveries worth...
The Energy Regulatory Commission (ERC) has expanded the coverage of Retail Competition and Open Access (RCOA), which intends to promote competition and ensure the successful restructuring and modernization of the electric power...
