A PHP0.49 per kilowatt-hour increase in Manila Electric Company’s (Meralco) July rates has been attributed to higher generation charges, driven by a surge in oil prices following the Iran-Israel conflict and the depreciation of the Philippine peso.
ILOILO CITY—Jin Navitas Solaris on Friday broke ground on a 62-megawatt (MW) solar power plant in Barangay Tipacla, Ajuy, Iloilo province, marking a significant step towards reducing reliance on fossil fuels and meeting the region’s growing demand for sustainable energy.
The Department of Energy (DOE) is optimistic about the ongoing Malampaya drilling operations off northwest Palawan to extend the life of the country’s key natural gas field.
At least 24 electric cooperatives (ECs) secured P1.54 billion in loans from the National Electrification Administration (NEA) during the first half of the year, the NEA’s Accounts Management and Guarantee Department (AMGD) reported.
The draft circular on nuclear power, which will be discussed during a public consultation next week, proposes to give power distribution utilities (DUs) another option to meet demand, a Department of Energy (DOE) official said on Wednesday.
NEXGEN ENERGY CORP. is seeking foreign partners to help develop its pipeline of renewable energy projects, its president said.
The Philippine Space Agency (PhilSA) and the National Power Corp. (NPC) said Thursday they signed a memorandum of agreement (MOA) to utilize PhilSA’s Space Science and Technology Applications (SSTA) for electrification solutions.
Manila Electric Co. (Meralco) faces further delays in the bidding process for 1,250 megawatts (MW) of power generation capacity this year amid concerns raised by the Philippine Competition Commission (PCC).
GREEN CORE Geothermal, Inc. (GCGI), a subsidiary of Energy Development Corp. (EDC), is planning a P3.02-billion expansion of its 112.5-megawatt (MW) Palinpinon 1 Geothermal Power Plant Project in Negros Oriental.
MARAGONDON Wind Energy Corp. (MWEC) plans to build a 200-megawatt (MW) wind power project in Cavite, with operations expected to start by 2028.