Author Archives: LM Staff
Electric cooperatives seek funding to hit 100% electrification goal by 2028
The Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) is calling on the national government to...
DoE, LANDBANK to launch $170-million de-risking facility for geothermal developers
A $170-MILLION geothermal de-risking facility is set to launch next year following an agreement signed...
ERC on track to complete NGCP rate reset next year
THE Energy Regulatory Commission (ERC) is on track to complete next year its evaluation for...
EDC enters lower-spend phase with P19-billion 2026 capex
ENERGY Development Corp. (EDC) has set a capital expenditure (capex) budget of P19 billion for...
ERC approves feed-in tariff adjustments
ELIGIBLE renewable energy (RE) plants will be entitled to receive additional incentives starting next year...
Aboitiz Renewables acquires Bohol solar project
ABOITIZ Renewables, Inc., a subsidiary of Aboitiz Power Corp. (AboitizPower), has acquired shares in a...
Meralco seeks bids for 200-MW renewable energy supply
MANILA ELECTRIC CO. (Meralco) has launched a competitive selection process (CSP) to procure 200 megawatts...
ACR commercial papers assigned PRS Aa rating
Alsons Consolidated Resources Inc. (ACR), the listed company of the Mindanao-focused Alcantara Group, has been...
ERC weighs stakeholders’ interest in power bill deposits
THE Energy Regulatory Commission (ERC) is seeking a harmonious balance between consumer welfare and private...
ERC raises secondary wholesale power price cap to P7.423 per kWh
The Energy Regulatory Commission (ERC) has raised the secondary price cap (SPC) in the Wholesale...