Author Archives: LM Staff

Power prices stable in second halfwith new gas plants, solar farms

Power prices at the spot market are expected to stabilize at P4 to P5 per...

MORE Power secures 6.6-MW solar energy supply

MORE Electric and Power Corporation (MORE Power) has signed a new power supply agreement (PSA)...

12 giant wind turbines arrive for 128-MW Tanay power project

Alternergy Tanay Wind Corp. (ATWC) announced Friday the arrival of the first shipment of wind...

No WESM price spikes seen through 2025

MANILA, Philippines — Electricity rates in the country’s spot market are likely to remain stable...

IEMOP: Energy grid to add 14 new power plants by year-end

The Independent Electricity Market Operator of the Philippines (IEMOP) announced that several new power plants,...

AboitizPower to intensify RE drive with GEA-4 bid

Aboitiz Power Corporation has announced its interest in participating in the Department of Energy’s (DOE)...

No mandatory nuclear contracts for distribution utilities, says DOE

The Department of Energy (DOE) said Friday a draft department circular (DC) on the integration...

Over ₱36-billion government windfall as Aboitiz beats FGen to take over CBK hydropower plants

The consortium led by the Aboitiz conglomerate emerged victorious on Friday, July 4, as it...

SG’s Engtek expands deal with First Gen

SINGAPORE-based Engtek Group’s (Engtek) production facility in Laguna is now fully-powered by renewable energy (RE)...

DOE pushes for more public-private tie-ups on renewable energy

MANILA – An official of the Department of Energy (DOE) on Wednesday cited the need...