HE National Grid Corp. of the Philippines (NGCP) has P93.68 billion in proposed capital expenditure (capex) projects awaiting approval from the Energy Regulatory Commission (ERC).
Energy Regulatory Commission (ERC) chairman Francis Saturnino Juan said Thursday a competitive power market is the “greatest shield against high prices,” amid criticism of his stance on the competitive selection process (CSP).
The Department of Energy (DOE) has launched a process for awarding renewable energy service contracts (RESCs) that would promote transparency, competitiveness, and efficiency in the renewable energy (RE) sector.
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.