Author Archives: LM Staff
Kaltimex, Tawi-Tawi electric co-op ink debt restructuring deal
KALTIMEX RURAL ENERGY Corp., a Philippine subsidiary of Indonesian firm PT. Kaltimex Energy, has signed...
Add’l power charges in ’26 to boost capacity – ERC chief
MANILA – The additional charges that will be collected from power consumers starting January 2026...
Rizal Green Energy delivers power from Isabela solar plant
Rizal Green Energy Corp. said it started exporting 33.831 megawatts from its 40-MW Limbauan solar...
Philodrill seeks new contract to continue petroleum operations in Palawan
UPSTREAM oil and gas firm The Philodrill Corp. is seeking a new government contract to...
Aboitiz-led group secures P70-B financing for CBK hydro takeover
AN ABOITIZ-LED consortium has secured loan commitments totaling up to P70 billion from BDO Unibank...
Carbon trading could slash Philippines power costs on path to net-zero
A new carbon trading model could generate over $40 billion in annual revenue by 2050...
Philippines grid operator targets 2026 completion for P12.3-billion projects
National Grid Corp. of the Philippines (NGCP) is set to complete two major transmission projects...
Vena Energy lines up P7-billion foreign funding for 300-MW Ilocos solar project
SINGAPORE-BASED Vena Energy on Wednesday said the financing secured for its 300-megawatt (MW) solar project...
Power producers welcome higher spot market secondary price cap
MANILA, Philippines — A group of independent power producers has welcomed the 19-percent hike in...
December transmission rate declines
MANILA – The effective transmission rate for December slipped to PHP1.35 per kilowatt hour (kWh)...