The National Electrification Administration (NEA) is ready to provide around P300 million in calamity funds to damaged assets and facilities of electric cooperatives (ECs) in the aftermath of Typhoon Nina, an official
The Department of Energy (DOE) has awarded renewable energy contracts for eight hydropower sites and two geothermal areas auctioned under the second open and competitive selection process (OCSP 2) Six companies won
Aside from higher electricity rates, Luzon grid will lose about 1, 850 megawatts (MW) when the Malampaya project undergoes maintenance on January 28 to February 16, a Department of Energy (DOE) official
With over 700, 000 households still without electricity, the National Grid Corp. of the Philippines (NGCP) said power to all Typhoon Nina-hit areas will be restored today. “We expect a full restoration by
AC Energy Holdings Inc. will set aside its hydropower projects and will focus on renewable energy (RE) developments in more advanced stages after selling all its interests in three hydropower companies. The power
Aboitiz Power’s renewable energy arm has acquired the P2.88-billion loan of San Carlos Sun Power Inc. (Sacasun) from BDO Unibank Inc. to develop its solar power project in Negros Occidental. Aboitiz Power
The Philippine National Oil Co. (PNOC) is looking to redevelop the 11.89-hectare Pandacan oil depot in Manila. “We have a property in Pandacan. Petron’s oil depot, that’s ours. We are also studying
Manila Electric Co. (Meralco) will relaunch its plans to venture into the battery energy storage this year amid talks with US company Tesla Motors Inc. Meralco SVP and head of customer retail
Power producers across the country are hoping that the Energy Regulatory Commission (ERC) will get back on track in 2017 and finally reform following the suicide of a commission official over alleged
The Department of Energy recently released its energy mix policy that will allow technologies from coal, gas, nuclear, geothermal and hydro power to compete for the country’s 70-percent baseload requirement. There have been
