Author Archives: LM Staff
PSALM sets minimum bid price for CBK hydro plants but withholds amount
STATE-RUN Power Sector Assets and Liabilities Management Corp. (PSALM) has set the minimum bid price...
Sipcor races to restore power in Siquijor
S.I. Power Corp. (Sipcor) said Tuesday it is implementing corrective measures to resolve the power...
DOE, JICA launch 3-year project to identify large-scale hydropower sites
The Department of Energy (DOE) announced that it is partnering with the Japan International Cooperation...
DOE urged to amend ‘flawed’ CSP rules
The National Association of Electricity Consumers for Reforms (Nasecore) is asking the Department of Energy...
Geothermal investments gaining steam – ADB
MANILA, Philippines — The Asian Development Bank (ADB) expects the government’s geothermal de-risking facility to...
CREC sets over $1-billion capex for solar projects
CITICORE Renewable Energy Corp. (CREC) has allocated a capital expenditure (capex) budget of more than...
CREIT plans fundraising in 2026 to finance new property acquisitions
CITICORE ENERGY REIT Corp. (CREIT), the country’s first renewable energy real estate investment trust (REIT),...
Geothermal investments gaining steam – ADB
MANILA, Philippines — The Asian Development Bank (ADB) expects the government’s geothermal de-risking facility to...
22 generating firms told to explain below-capacity output
THE Energy Regulatory Commission (ERC) has asked 22 generation companies (GenCos) to explain the “continued...
Basic Energy advances Bolinao solar power plans
LISTED Basic Energy Corp. is set to begin processing the necessary permits for its proposed...