THE Energy Regulatory Commission (ERC) said it allowed the collection of the remaining P3.05 billion owed by consumers to power generators that supplied the power reserve market in February and March.

ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) rose in November as margins narrowed between supply and demand, the Independent Electricity Market Operator of the Philippines (IEMOP) said.

The Energy Regulatory Commission (ERC) has reduced the processing time of the various permits of power firms.

EEI Power Corp. has signed a contract with the Mindoro Medical Center-Calapan, Inc. for the installation of a rooftop solar system on the latter’s hospital in Oriental Mindoro.

ABOITIZ Power Corp. (AboitizPower), through its renewable energy arm Aboitiz Renewables, Inc., announced that its 45-megawatt (MW) Armenia Solar Project in Tarlac is now operational.

A staggering 20,0000 megawatts (MW) of power generation capacity are apparently not covered by the moratorium on new coal power facilities, a senior official of the Department of Energy (DOE) said.

ELECTRIC COOPERATIVES (ECs) found compliant with the financial and operational standards set by the National Electrification Administration (NEA) will be exempt from tax, fees, and charges imposed by local government units (LGUs), according to the Department of Energy (DoE).

MANILA, Philippines — MSpectrum Inc., the solar energy arm of Manila Electric Co. (Meralco), has teamed up with food manufacturer Edward Keller Philippines Inc. (EKPI) for a solar project in Laguna.

THE Bank of the Philippine Islands (BPI), with support from the International Finance Corp. (IFC), has extended a P4-billion loan to the wind power project of Alternergy Holdings Corp. (PSE: Alter) in Tanay, Rizal.

ABOITIZ POWER Corp. (AboitizPower) expects to close 2024 with a strong performance, driven by new capacities coming from its power plants and improvements in infrastructure, its president said.