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News

Third green energy auction moved to 2025

Posted on December 6, 2024 by LM Staff

THE THIRD ROUND of the green energy auction (GEA-3) will be moved to 2025, pending issuance of the pricing mechanism that will set parameters for each technology offered, a Department of Energy (DoE) official said.

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ERC allows collection of P3-B deferred payments to reserve market suppliers

Posted on December 6, 2024 by LM Staff

THE Energy Regulatory Commission (ERC) said it allowed the collection of the remaining P3.05 billion owed by consumers to power generators that supplied the power reserve market in February and March.

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Spot prices up slightly in November

Posted on December 6, 2024 by LM Staff

ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) rose in November as margins narrowed between supply and demand, the Independent Electricity Market Operator of the Philippines (IEMOP) said.

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ERC cuts permit processing time

Posted on December 6, 2024 by LM Staff

The Energy Regulatory Commission (ERC) has reduced the processing time of the various permits of power firms.

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EEI Power bags rooftop solar system deal with Mindoro Medical Center-Calapan

Posted on December 6, 2024 by LM Staff

EEI Power Corp. has signed a contract with the Mindoro Medical Center-Calapan, Inc. for the installation of a rooftop solar system on the latter’s hospital in Oriental Mindoro.

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AboitizPower energizes its first solar plant in Central Luzon

Posted on December 6, 2024 by LM Staff

ABOITIZ Power Corp. (AboitizPower), through its renewable energy arm Aboitiz Renewables, Inc., announced that its 45-megawatt (MW) Armenia Solar Project in Tarlac is now operational.

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Many coal power projects exempt from ban—DOE

Posted on December 5, 2024 by LM Staff

A staggering 20,0000 megawatts (MW) of power generation capacity are apparently not covered by the moratorium on new coal power facilities, a senior official of the Department of Energy (DOE) said.

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Compliant power cooperatives to be granted exemption from local taxes

Posted on December 5, 2024 by LM Staff

ELECTRIC COOPERATIVES (ECs) found compliant with the financial and operational standards set by the National Electrification Administration (NEA) will be exempt from tax, fees, and charges imposed by local government units (LGUs), according to the Department of Energy (DoE).

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MSpectrum, Edward Keller partner for solar power project in Laguna

Posted on December 5, 2024 by LM Staff

MANILA, Philippines — MSpectrum Inc., the solar energy arm of Manila Electric Co. (Meralco), has teamed up with food manufacturer Edward Keller Philippines Inc. (EKPI) for a solar project in Laguna.

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BPI extends ₱4 billion in loan for wind-power project

Posted on December 5, 2024 by LM Staff

THE Bank of the Philippine Islands (BPI), with support from the International Finance Corp. (IFC), has extended a P4-billion loan to the wind power project of Alternergy Holdings Corp. (PSE: Alter) in Tanay, Rizal.

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Lachica Madanlo is a law firm engaged in the practice of law with specialized expertise in the Philippine electric power industry and its regulation.

LM Law’s distinct expertise is founded on its unique experience in representing clients from all sectors of the power industry—generation, transmission, distribution, and supply.

Contact Us
2304-B, West Tower, Tektite Towers
Exchange Road, Ortigas Centre
Pasig City, Philippines
t: (632) 8654 9370
e: contact@lmlaw.ph
Recent News
  • 25
    Aug
    DOE announces plan to remove co-ops’ non-technical system loss
  • 25
    Aug
    DOE eyes raising penalty for electric pilferage to P50K
  • 25
    Aug
    NGCP ordered to install over 250 MW of batteries amid red, yellow alerts in Visayas grid
  • 25
    Aug
    DOE: Diesel up by P2.31/liter starting Aug. 25

Subscribe to our daily news digest and be updated with the latest important developments in the Philippine electric power industry.

Email us at news@lmlaw.ph

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  • About
    • About the Firm
    • Atty. Sundy Lorence C. Lachica
    • Atty. Abigail T. Madanlo
  • Expertise
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