TERRA SOLAR Philippines, Inc. (TSPI), a subsidiary of SP New Energy Corp. (SPNEC), has tapped China Energy Engineering Group Co. Ltd. (Energy China) to develop a portion of its solar project in Central Luzon.

Palawan Electric Cooperative (Paleco) signed a 15-year power supply agreement (PSA) with Delta P. Inc (DPI), a subsidiary of Vivant Energy Corp. for 40 megawatts of contracted capacity following a competitive selection process (CSP).

FIRST GEN Corp. received its latest liquefied natural gas (LNG) cargo from Shell Eastern Trading Pte. Ltd. last month, possibly the last for the year, the Lopez-led company said on Tuesday.

State-run National Electrification Administration (NEA) reported an initial estimated damage of over P40 million on electric cooperative (EC) facilities from the four major storms that hit the Philippines in November.

Alcantara-led Alsons Consolidated Resources Inc. (ACR) posted a net income of P1.88 billion in January to September, up 6 percent from P1.77 billion in the same period a year ago due to the strong performance of its power assets.

TACLOBAN CITY – Linemen from 11 electric cooperatives in the country will be sent to Catanduanes to help restore electricity in the province under Task Force Kapatid-Super Typhoon “Pepito” (Man-yi).

A SENATOR has filed a bill seeking to renew Manila Electric Co.’s (Meralco) franchise for another 25 years.

The Energy Regulatory Commission (ERC) has issued a regulatory reset order, declaring that Manila Electric Co. (Meralco)’s fifth regulatory period will span 2025 to 2028, instead of the originally planned 2022 to 2026.

THE National Grid Corp. of the Philippines (NGCP) said on Monday that three transmission lines on Luzon were put out of operation by Typhoon Pepito, though two have since been restored and the third now partly operational.

THE PHILIPPINES has the strongest renewable energy (RE) project pipeline in Southeast Asia, according to a report, though banks’ appetite for financing gas and coal-fired projects remains strong.