Author Archives: LM Staff

BUSINESS ERC OKs Alternergy’s P1.8 billion grid link project

MANILA, Philippines — The Energy Regulatory Commission has authorized Alternergy Holdings Corp. to build a...

SM Prime retains FTSE4Good Index Series spot, cites focus on climate-resilient infrastructure

SM PRIME Holdings, Inc. said it will expand its renewable energy initiatives and climate-resilient infrastructure...

CREC taps P4.4-B Security Bank loan for 125-MW solar farm

LISTED renewable energy company Citicore Renewable Energy Corp. (CREC) has secured a P4.4-billion term loan...

Atimonan coal plant to deliver P1-b benefits to community

Atimonan One Energy Inc.’s planned 1,200-megawatt ultra-supercritical coal-fired power plant is projected to provide significant...

Electricity spot market price hits ₱3.99/kWh

SPOT market prices further increased to P3.99 per kilowatt hour (kWh) from June 26 to...

NGCP yellow alert in Visayas enters third day

FOR the third consecutive day, the Visayas grid was placed on yellow alert by the...

DOE wants all government buildings to use solar energy

THE Department of Energy (DOE) has set a challenging target of 100-percent solar photovoltaic (PV)...

Most electric cooperatives have lower power rates than Meralco—NEA

The National Electrification Administration (NEA) lauded electric cooperatives for lowering power costs for their member-consumers.

Meralco saga: Recounting the epic corporate war between MVP and RSA

In the late 2000s, Philippine business saw an intense corporate war as two of the...

Coal power plants and inflation control

Last week, there was one irresponsible report that came out saying that Department of Energy...