Liberty Solar Energy Corp. (LSEC), a unit of Alternergy Holdings Corp., has proposed a floating solar power project with a capacity of 100 megawatt alternating current (MWac) in Tarlac which will cost P8.8 billion.
Citicore Renewable Energy Corp. (CREC) has been awarded with 1,212 megawatts (MW) of renewable energy (RE) capacity by the Department of Energy (DOE) under the fourth Green Energy Auction Program (GEA-4).
The Department of Energy (DOE) announced on Thursday the successful completion of the Fourth Round of the Green Energy Auction Program (GEA-4), advancing over 10,000 megawatts (MW) of renewable energy (RE) projects.
A power outage and lack of signal has been reported in Dinalungan, Aurora, where Typhoon Uwan made landfall on Sunday night.
By Othel Campos The Department of Energy (DOE) is pushing to integrate waste-to-energy (WTE) technology into the national power generation mix to tackle both increasing energy demand and mounting solid waste.
Manila Electric Co. (Meralco) is facing delays in securing a $2.7-million grant from the US Trade and Development Agency (USTDA) for a feasibility study on small modular reactors (SMRs) over the US government shutdown, according to a company executive.
Manila Electric Co. (Meralco), the Philippines’ largest power retailer, signaled that higher electricity rates are likely for November bills on rising pass-through charges, led by increases in the spot market prices and the continued depreciation of the Philippine peso against the US dollar.
PHILIPPINE CONGLOMERATES are expected to invest about $28 billion (P1.65 trillion) in renewable energy projects over the next decade as part of a broader $185-billion (P10.9-trillion) investment wave by leading business groups in the Philippines and Vietnam, according to S&P Global Ratings.
THE Department of Energy (DoE) said on Thursday that updated totals from the fourth round of the green energy auction (GEA-4) now show awards of 10,195.49 megawatts (MW) worth of projects, or 96% of the installation target.
The Average systemwide prices at the Wholesale Electricity Spot Market (WESM) surged by P1.50 per kilowatt-hour (kWh) to P4.54 per kWh in October from P3.04 per kWh in September on lower supply margins, according to the market operator.