BATANGAS — Lopez-led economic zone (ecozone) developer First Philippine Industrial Park (FPIP) has joined the government’s Retail Aggregation Program (RAP) by tapping into the renewable energy (RE) supply from its sister firm, First Gen Corp.
MANILA – Privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants will greatly benefit consumers, and supports the government’s bid to boost renewable energy sources.
The National Grid Corp. of the Philippines (NGCP) said Monday its transmission lines were unaffected by the passage of Severe Tropical Storm Crising.
FRESH RIVER LAKES CORP. (FRLC), the operator of the 165-megawatt (MW) Casecnan hydroelectric power plant (HEPP), has secured a P15-billion loan from major banks to support its operations and financial obligations, Lopez-led First Gen Corp. announced on Monday.
THE P1.45-billion investment by state-run Government Service Insurance System (GSIS) in Alternergy Holdings Corp. complied with the “rigorous requirements” of regulators, according to the latter’s financial advisor, Investment & Capital Corp. of the Philippines (ICCP).
The Department of Energy (DOE) is considering a stricter but more streamlined mechanism to reopen terminated service contracts for renewable energy (RE) projects
The Department of Energy (DOE) is exploring methods to advance renewable energy projects that were previously terminated due to delays or non-compliance.
Outgoing Energy Regulatory Commission (ERC) chairperson Monalisa Dimalanta said power rates in the Philippines still have room to fall further.
Bacolod Councilor Wilson Gamboa Jr. has challenged the legitimacy of Negros Electric and Power Corp.’s (Negros Power) collection of the Reinvestment Fund for Sustainable Capital Expenditures (RFSC) from power consumers.
The Power Sector Assets and Liabilities Management Corp. (PSALM) on Friday awarded the Caliraya-Botocan-Kalayaan (CBK) Hydroelectric Power Plants (HEPPs) to the Thunder Consortium, comprising Aboitiz Renewables Inc., Sumitomo Corp., and Electric Power Development Co.