MANILA, Philippines — The Energy Regulatory Commission has authorized Alternergy Holdings Corp. to build a P1.8-billion transmission facility linking its wind farm in Quezon to the Luzon grid.
SM PRIME Holdings, Inc. said it will expand its renewable energy initiatives and climate-resilient infrastructure following its continued inclusion in the FTSE4Good Index Series.
LISTED renewable energy company Citicore Renewable Energy Corp. (CREC) has secured a P4.4-billion term loan facility from Security Bank Corp. to finance its 125-megawatt (MW) solar power project in Pangasinan.
Atimonan One Energy Inc.’s planned 1,200-megawatt ultra-supercritical coal-fired power plant is projected to provide significant benefits to the local community, with an estimated annual economic contribution of more than 1 billion pesos.
SPOT market prices further increased to P3.99 per kilowatt hour (kWh) from June 26 to July 25 billing period compared to the previous month’s P3.86 per kWh, the Wholesale Electricity Spot Market (WESM) operator reported on Wednesday.
FOR the third consecutive day, the Visayas grid was placed on yellow alert by the National Grid Corporation of the Philippines (NGCP) on Wednesday.
THE Department of Energy (DOE) has set a challenging target of 100-percent solar photovoltaic (PV) system installation in all government buildings nationwide.
The National Electrification Administration (NEA) lauded electric cooperatives for lowering power costs for their member-consumers.
In the late 2000s, Philippine business saw an intense corporate war as two of the country’s most aggressive conglomerates, Metro Pacific Investment Corp. (MPIC) of Manuel V. Pangilinan and San Miguel Corp. (SMC) of Ramon S. Ang, went to war for a single asset: Manila Electric Co. (Meralco).
Last week, there was one irresponsible report that came out saying that Department of Energy (DOE) Secretary Sharon Garin has overridden the Department of Environment and Natural Resources (DENR) by granting an exemption on new coal plants to a Meralco Power Gen (MGen) project, the Atimonan One Energy (A1E).