Author Archives: LM Staff

DOE to slash offshore wind performance bond to 5%

The Department of Energy (DOE) is firming up a policy that will reduce the performance...

DOE to hold auction for offshore wind projects in Q3 next year

The Department of Energy (DOE) said Thursday it will hold the 5th Round of the...

Meralco franchise renewal bill up for Senate plenary debate

A SENATE BILL that seeks to extend Manila Electric Co.’s (Meralco) franchise for another 25...

PetroWind to complete expansion of Aklan project in 2025

NABAS, AKLAN—PetroWind Energy Inc. (PWEI) expects to fully its 13.2-megawatt Nabas phase-2 expansion in this...

Weak consumer confidence slows solar adoption — study

MANY households are interested in adopting rooftop solar power systems, but concerns about provider trustworthiness...

ACEN cited for clean energy contributions

MANILA, Philippines — The Department of Energy (DOE) has recognized Ayala-led ACEN Corp. for its...

Transmission rates down in November

TRANSMISSION CHARGES for the November billing period, which will be reflected in December’s bills, decreased...

ERC clears Meralco-SMC power supply deal

MANILA, Philippines — The Energy Regulatory Commission (ERC) approved Manila Electric Co.’s planned purchase of...

ACEN acquires 49% stake in Bangladesh solar project

ACEN Corp.’s joint venture, IBV ACEN Renewables Asia Pte. Ltd., has finalized the acquisition of...

Fil-Chinese companies cite high power costs, red tape as leading deterrents to investment

FILIPINO-Chinese businesses said they continue to view high power costs and red tape as the...