MANILA, Philippines — The proposed changes in the Electric Power Industry Reform Act (EPIRA) face a long road ahead, but the Energy Regulatory Commission (ERC) still clings to a “very slim chance” of enactment this year.
MPOWER, the local retail electricity supplier of Manila Electric Co. (Meralco), has entered into a new retail power agreement with the Araneta group to supply electricity to its newest hotel.
Quezon Power (Philippines), Ltd. Co. which owns and operates the 460-megawatt Quezon coal-fired power plant, signed a new 15-year 400-MW power supply agreement (PSA) with a major retail electricity supplier, which it did not name.
The Department of Energy (DOE) said Friday South Premiere Power Corp. (SPPC) and Excellent Energy Resources Inc. (EERI) will shut down a combined running capacity of 1,300 megawatts of natural gas power generation capacity from 9 a.m. on March 29 until 6:30 a.m. on March 31, 2025.
Yuchengco-led PetroGreen Energy Corp. (PGEC), through its subsidiary BKS Green Energy Corp. (BKS), launched an education program in Isabela, under the company’s corporate social responsibility (CSR) banner program, We Power HELP (Health, Education, and Livelihood Program).
MANILA, Philippines — The Securities and Exchange Commission (SEC) is upholding the 20-percent minimum public float requirement for companies looking to list in the local stock market, but said that a lower initial public float will be allowed through an exemptive relief.
About 54 percent of the Philippines’ 215 power generation companies, representing 13,745 megawatts of capacity, have yet to comply with a legal requirement to conduct a public offering, the Energy Regulatory Commission (ERC) said Thursday.
MANILA – Alternergy Holding Corp. has secured a Certificate of Authority (COA) from the Department of Energy (DOE) to develop a new onshore wind power project in the province of Albay.
Manila Electric Company’s (Meralco) local retail electricity unit has renewed its partnership with the Araneta group for its properties in Quezon City.
MANILA, Philippines — Some of the country’s richest clans, along with foreign companies, are interested in seizing control of a 797-megawatt hydropower complex in Laguna.