First Gen Corporation is ramping up its capital expenditure to PHP 41.7 billion this year, marking a 22–25% increase from 2025, as it pushes forward with pumped storage hydropower projects and geothermal...
Photo credit: SMECLopez-led First Gen Corporation has announced that it is acquiring a 40% stake in Prime Infrastructure Capital Inc.’s pumped storage hydropower (PSH) portfolio in a PHP 75-billion deal, as part...
Two unsolicited proposals are now under evaluation for the rehabilitation of the aging 1,000-megawatt Agus-Pulangi Hydropower Complex (APHC), with an award unlikely before 2027 due to required timelines under the public-private partnership...
FDC Utilities, Inc. (FDCUI), the utility arm of the Gotianun-led Filinvest Development Corporation, has successfully energized its 21-megawatt (MW) Misamis solar power project. Located within the PHIVIDEC Industrial Estate in Misamis Oriental,...
The National Grid Corporation of the Philippines (NGCP) said Tuesday it welcomes the entry of the 2,500-megawatt MTerra Solar Power Project into the country’s power system, while cautioning that the growing share...
As renewable energy takes a larger share of the global power mix, utilities and independent power producers (IPPs) are rethinking how they operate their assets. The challenge is no longer just reliability—it’s...
SPC Power Corporation confirmed that its wholly owned unit, SPC Island Power Corp. (SIPC), has signed contracts to develop two battery energy storage system (BESS) projects in Panay and Bohol, the company...
Citicore Renewable Energy Corporation (CREC) has secured USD 55-million in financing from Pentagreen Capital, manager of blended finance strategy under Singapore’s Financing Asia’s Transition Partnership (FAST-P), to accelerate the rollout of solar...
The Philippines’ transition to renewable energy hinges on flexibility in deploying energy storage systems, AboitizPower executive Juris Sadornas said during a panel discussion at the 2nd Philippines Future Energy and Grid Summit....
The Energy Regulatory Commission (ERC) is finalizing rules for Energy Storage Systems (ESS) that will “define the playing field for the next decade,” ERC Chairperson and CEO Atty. Francis Saturnino C. Juan...
Photo credit: ERC Linkedin The Energy Regulatory Commission (ERC) reviewed the National Grid Corporation of the Philippines’ (NGCP) ancillary service agreements in its 9th Open Commission Meeting on October 2, highlighting their...
The Energy Regulatory Commission (ERC) has lifted the suspension of the Wholesale Electricity Spot Market (WESM) in Bohol and Leyte-Samar after confirming stable grid conditions for 24 consecutive hours. The spot market...
Meralco PowerGen Corporation (MGEN), through its subsidiary Toledo Energy Development Corporation, has sealed an Engineering, Procurement, and Construction (EPC) agreement with Contemporary Amperex Technology Co., Limited (CATL) and SUMEC Complete Equipment and...
Transmission rates rose in August 2025 as higher Ancillary Services (AS) charges drove up overall costs, the National Grid Corporation of the Philippines (NGCP) announced on Tuesday. The equivalent average transmission rate...
Conventional power remains essential to grid stability as the Philippines expands its renewable energy portfolio, a senior Aboitiz Power Corporation official said at the American Chamber of Commerce (AmCham) 8th Annual Energy...
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by Suiee Suarez, AboitizPower VP for Corporate Affairs Recently, pumped-storage hydro has caught the attention and interest of the general public, mostly owing to two major pieces of news from the Philippine...
The Asian Development Bank (ADB) and the Global Energy Alliance for People and Planet (GEAPP) have launched a new platform to speed up the use of battery energy storage systems (BESS) in...
Prime Infra’s large-scale pumped storage hydroelectric projects—totaling 2,000 megawatts (MW)—have been named as potential winning bidders in the Department of Energy’s (DOE) third Green En buy robaxin online in the best USA...
Despite technological strides, solar paired with battery storage faces key hurdles before it can replace traditional baseload—yet rapidly falling battery prices may soon tilt the balance. While renewable energy advocates continue to...
Amid rising renewable energy (RE) penetration and growing concerns over grid reliability, the Philippine Sustainable and Strategic Energy Alliance (PSSEA) gathered stakeholders for its fourth Grid Forming Workshop, titled “Optimizing Levelized Cost...
The Energy Regulatory Commission (ERC) has granted final approval to multiple Ancillary Services Procurement Agreements (ASPAs) between the National Grid Corporation of the Philippines (NGCP) and several battery energy storage system (BESS)...
AboitizPower, through its subsidiary Therma Marine Inc. (TMI), has broken ground on its second hybrid Battery Energy Storage System (BESS) in Mindanao — a 48-megawatt project to be integrated into its Mobile...
Filipino households will see higher electricity bills this April due to a sharp 16.05% surge in Ancillary Service (AS) charges, pushing transmission rates to their highest this year, the National Grid Corporation...
The Manila Electric Company (Meralco) has reassured the public that the company is fully prepared to handle the anticipated spike in power demand as the country braces for the dry season and...
The Department of Energy (DOE) is urging consumers to adopt energy-saving measures as electricity demand surges with the onset of summer. With peak demand projected to reach 14,769 MW in Luzon, the...
The Energy Regulatory Commission (ERC) has given the green light to four transmission projects by the National Grid Corporation of the Philippines (NGCP), with a total capital expenditure of P5 billion. The...
The Department of Energy (DOE) has declared the third Green Energy Auction (GEA-3) a success, as bids from renewable energy developers exceeded 7,500 megawatts (MW)—far surpassing the 4,650 MW installation target. The...
Manila Electric Co. (Meralco), the country’s largest power distributor, has filed for regulatory approval of its annual revenue requirement (ARR) and performance incentive scheme for the fifth regulatory period (2026-2029). The proposed...
