THE Department of Energy (DoE) is proposing an increase in the share of electricity sales that power companies must allocate to host communities.
Energy Development Corp. (EDC), a subsidiary of Lopez-led First Gen Corp., is preparing a multi-year rehabilitation program for its geothermal fleet, with the Tongonan geothermal power plant in Leyte as the initial focus of upgrades.
MANILA, Philippines — The power generation arm of tycoon Manuel V. Pangilinan’s Manila Electric Co. (Meralco) is primed to drive nearly half of the group’s earnings next year amid a bold expansion strategy.
LOPEZ-LED First Gen Corp. will allocate up to $80 million (P4.5 billion) as its initial investment in a geothermal development project in Indonesia with PT DSSR Daya Mas Sakti (DSSR), a local geothermal energy company.
TACLOBAN CITY – The Northern Samar provincial government has welcomed the decision of Singapore-based Vena Energy’s local unit, Gemini Wind Energy Corp. (GWEC), to invest PHP20.2 billion to build a 304-megawatt (MW) wind farm in the province.
MERALCO POWERGEN CORP. (MGEN), a subsidiary of Manila Electric Co. (Meralco), has started scouting contractors for its proposed 1,273-megawatt (MW) coal power projects in Cebu and Quezon after securing government approval.
SP NEW ENERGY CORP. (SPNEC) has secured a P3.78-billion loan from the Philippine National Bank (PNB) to fund the expansion of its solar farm in Tarlac.
MANILA, Philippines — Alternergy Holdings Corp., chaired by former energy secretary Vince Perez, has seized control of two wind power projects with a total capacity of 246 megawatts (MW) in Quezon province.
The National Grid Corp. of the Philippines (NGCP) is seeking approval for about P33 billion ($589 million) in projects to connect power plants in its Luzon and Visayas grids, according to a company application.
Retail electricity supplier Shell Energy Philippines, Inc. (SEPH) is expanding its renewable energy (RE) portfolio to align with the Philippines’ goal of increasing clean energy in its generation mix.