IN a bid to generate fresh revenues and support the Philippines’ climate action goals, a senior lawmaker has proposed the country’s first carbon tax on electricity consumption.
The National Grid Corp. of the Philippines (NGCP) has acknowledged that a Chinese national, Wen Bo, previously served as its chief technical officer, sparking concerns over potential constitutional violations and foreign influence in a public utility.
The former president of state-owned National Transmission Co. said the Chinese need not intrude in the West Philippine Sea or occupy any Philippine territory because of the presence of Chinese nationals in the board and management of the National Grid Corporation of the Philippines (NGCP).
MANILA, Philippines — Lopez-led Energy Development Corp. (EDC) has secured regulatory approval to build a P637-million transmission facility that will link its geothermal power plant in Sorsogon to the Luzon grid.
THREE more projects worth P15.35 billion have been endorsed by the One-Stop Action Center for Strategic Investments (OSACSI) for green lane treatment this month, bringing the total value of such projects to P4.552 trillion, a Board of Investments (BoI) official said.
Tera Renewables 7 Corp. is investing P17.62 billion to put up a 451.38-megawatt peak solar power plant in Labrador, Pangasinan.
Citicore Renewable Energy Corp. (CREC) and partner San Miguel Global Light and Power Corp. (SGLP) plan to start the construction of a 153.5-megawatt solar power project in Barangay Lucanin, Mariveles, Bataan in the first quarter of 2025.
MANILA, Philippines — Delimondo Food Specialties Inc., led by the family of chief presidential legal counsel Juan Ponce Enrile, has partnered with the Lopez Group’s First Gen Corp. to power its operations with solar energy.
Petron Corporation has filed an application with the Energy Regulatory Commission (ERC) to connect its refinery power plant to a National Grid Corporation of the Philippines (NGCP) substation.
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) set the second round of bidding for the sale of three lots in Sto. Tomas City, Batangas and Calamba City, Laguna with minimum price of P473.168 million this month.