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News

ACEN acquires 49% stake in Bangladesh solar project

Posted on December 16, 2024 by LM Staff

ACEN Corp.’s joint venture, IBV ACEN Renewables Asia Pte. Ltd., has finalized the acquisition of a 49% stake in a 70-megawatt solar project in Bangladesh, the Ayala-led company announced on Thursday.

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Fil-Chinese companies cite high power costs, red tape as leading deterrents to investment

Posted on December 16, 2024 by LM Staff

FILIPINO-Chinese businesses said they continue to view high power costs and red tape as the leading deterrents to expanding their operations.

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First Gen commits to 13GW of renewable energy by 2030

Posted on December 16, 2024 by LM Staff

DUMAGUETE CITY – First Gen Corporation has pledged to deliver 13 gigawatts (GW), or 13,000 megawatts (MW), of clean and renewable energy by 2030 to support the Philippine government’s target of a 35 percent renewable energy share in the energy mix.

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AboitizPower energizes its Negros Occidental solar farm

Posted on December 16, 2024 by LM Staff

ABOITIZ Renewables, Inc. (ARI), the renewable energy arm of Aboitiz Power Corp. (AboitizPower), has energized its 173-megawatt-peak (MWp) Calatrava Solar Project in Negros Occidental.

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Nuclear energy seen as key solution to climate challenges

Posted on December 16, 2024 by LM Staff

MANILA, Philippines — Nuclear energy will not only serve as a dependable backbone for the power grid but also emerge as a vital solution to the country’s increasing climate challenges, according to a nuclear advocacy group.

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Electricity restored in Siargao, Bucas Grande Islands—NEA

Posted on December 16, 2024 by LM Staff

The widespread outage across the islands of Siargao and Bucas Grande in Surigao del Norte has been addressed after the Siargao Electric Cooperative, Inc. (SIARELCO) repaired a damaged power line in one of its submarine cables, according to the National Electrification Administration (NEA).

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SUMC, First Gen renew RE supply deal

Posted on December 16, 2024 by LM Staff

Silliman University Medical Center (SUMC), one of the leading health institutions in the Visayas, renewed its partnership with First Gen Corp. for direct supply of renewable energy (RE) to support operations of the 300-bed tertiary hospital.

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Ilocos Norte power consumers enjoy lower rates this December

Posted on December 16, 2024 by LM Staff

LAOAG CITY – The Ilocos Norte Electric Cooperative (INEC) is gifting residential consumers an early Christmas present as it announced a PHP1 per kilowatt hour reduction in power rates this December.

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Regulator OKs NGCP’s P2.6-B Tarlac substation project

Posted on December 12, 2024 by LM Staff

THE Energy Regulatory Commission (ERC) has approved the National Grid Corp. of the Philippines’ (NGCP) P2.59-billion Capas 230-kilovolt (kV) substation project.

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Terra Solar seeks ERC nod for connection facility

Posted on December 12, 2024 by LM Staff

SOLAR DEVELOPER Terra Solar Philippines, Inc. (TSPI) is seeking approval from the Energy Regulatory Commission (ERC) to establish a transmission facility for its P200-billion solar power and battery energy storage project.

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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
  • 23
    Oct
    DOE sets Nov. 5 deadline for Waste-to-Energy auction results
  • 23
    Oct
    DOE: Full hydro development to cost P5 trillion
  • 23
    Oct
    Visayas grid on red alert for third time this week
  • 23
    Oct
    PSALM to hold another auction for prime property in QC

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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