THE national government is keen on privatizing the Casecnan dam to shore up revenues for next year, according to the Department of Finance (DOF).

YUCHENGCO-LED San Jose Green Energy Corp. has switched on a 19.6-megawatt-peak (MWp) solar power plant in Nueva Ecija, adding power to the Luzon grid.

AdventEnergy Inc., the retail electricity supply (RES) arm of Aboitiz Power Corp., said it expects to sign contracts for 50 megawatts to 60 MW of power capacity valued at P1.8 billion next year.

SN ABOITIZ POWER Group has tapped a Chinese firm to build the second phase of its Magat Battery Energy Storage System in Ramon, Isabela with a capacity of 16 megawatts.

Lihangin Wind Energy Corp. asked the Energy Regulatory Commission for provisional approval to connect its 206.25-megawatt San Isidro wind power project to the Visayas grid through a point-to-point limited transmission facility.

MANILA, Philippines — The Philippines’ drive toward energy security and sustainability has received a major boost as the joint power venture among three of the country’s biggest tycoons moves a step closer to completion.

The Department of Energy (DOE) said the trading of renewable energy certificates (RECs) will start on Dec. 26, 2024, marking the full commercial operation of the Renewable Energy Market (REM).

LAOAG CITY—The newly constructed single-phase primary line of the Ilocos Norte Electric Cooperative (INEC) ended power woes among the Indigenous Peoples (IPs) community in the small town of Adams in Ilocos Norte. The IPs are often isolated during typhoons.

The Energy Regulatory Commission (ERC) has firmed up the intricate ‘tariff-setting parameters’ or price determination methodology that will anchor the 20-year power supply agreements (PSAs) in the third Green Energy Auction (GEA-3) to be administered by the Department of Energy (DOE) – targeting 100 megawatts of geothermal and a robust 4,375 MW of hydroelectric capacities.

MANILA – Senate Majority Leader Francis Tolentino on Friday urged the Energy Regulatory Commission (ERC) to address power rate resets, citing its handling of the Manila Electric Corp.’s (Meralco) rate reset process.