FacebookMessengerXLinkedInShare THE Energy Regulatory Commission (ERC) said the draft pricing rules for the upcoming green energy auction (GEA) round involve two sets of evaluations to assess the “reasonableness and prudency” of each price offer.

Senator Sherwin Gatchalian said over the weekend that the Energy Regulatory Commission’s (ERC) decision to reset the power distribution rate for key distribution utilities (DUs) like Manila Electric Co. (Meralco) could lead to a higher refund for consumers.

MSPECTRUM, Inc., a wholly owned solar subsidiary of Manila Electric Co. (Meralco), signed a partnership with a subsidiary of brandy and whisky producer Emperador, Inc. for a solar rooftop project.

Meralco PowerGen Corp., the generation unit of Manila Electric Co. (Meralco), welcomed the decision of the Department of Energy terminating non-compliant service contracts, a top executive said Friday.

First Gen Corp. of the Lopez Group signed an agreement with the Philippine subsidiary of HCG, the Taiwan-based global bathroom solutions provider, to build a solar power facility for the HCG unit’s manufacturing plant in Cavite.

MPower, the local retail electricity supplier of Manila Electric Co. (Meralco), signed a retail supply agreement with Pepsi-Cola Products Philippines Inc. (PCPPI) for two beverage manufacturing plants located in Muntinlupa City and Sto. Tomas, Batangas.

Solar Philippines New Energy Corp. (SPNEC), now led by Meralo PowerGen Corp., reported 74-percent project development at the world’s largest integrated renewables and energy storage project in Central Luzon.

THE Energy Regulatory Commission (ERC) said on Thursday that it ordered all distribution utilities (DUs) in calamity areas to suspend electricity disconnections for unpaid bills between October and December.

Senator Sherwin Gatchalian urged the National Electrification Administration (NEA) to ensure all electric cooperatives (ECs) comply with the requirements of the Electric Cooperatives Emergency and Resiliency Fund (ECERF) law to mitigate the adverse impact on power supply during natural calamities such as typhoons.

The Department of Energy (DOE) is intensifying efforts to close energy cooperation deals on a bilateral level as the country is a “bit behind” its renewable energy target.