Author Archives: LM Staff
Energy shocks drive higher coal use in region
SOUTHEAST ASIA is leaning more heavily on coal-fired power generation amid global oil shocks, with...
Energy Regulatory Commission Adopts Modified Pricing Mechanism Amid WESM Suspension
The Energy Regulatory Commission (ERC) has implemented a modified administered pricing mechanism for the Wholesale...
Alternergy gets shareholder nod for PHP 5B green preferred share shelf
Alternergy Holdings Corporation has secured shareholder approval for a shelf registration covering future public issuance...
Levanta taps CEEC for 166-MWp solar, 80-MWh storage project
Levanta Renewables has awarded an engineering, procurement, and construction (EPC) contract to China Energy Engineering...
TotalEnergies, Masdar seal USD 2.2-B Asia renewables partnership
Global energy firm TotalEnergies and Abu Dhabi-based clean energy developer Masdar (Abu Dhabi Future Energy...
Maharlika recalibrates toward fuel storage, grid, energy security assets amidst oil shocks
Maharlika Investment Corporation (MIC) is recalibrating its investment strategy to focus more heavily on fuel...
CREC takes FinanceAsia Gold for Best Renewable Energy Company, multiple wins
Citicore Renewable Energy Corporation (CREC) secured multiple recognitions at the FinanceAsia Asia’s Best Companies Poll...
Meralco rates rise in April as peso depreciation drives higher power costs
Electricity rates increased this April as the Manila Electric Company (Meralco) implemented a price increase...
ERC sets fixed P6/kWh rate for coal power amid crisis
The Energy Regulatory Commission (ERC) has set a fixed price of P6,000 per megawatt-hour (MWh),...
ERC rushes to stabilize electricity supply, prices
THE ENERGY Regulatory Commission (ERC) is accelerating its decision-making process involving critical power deals meant...