MANILA ELECTRIC Co. (Meralco) expects a slight uptick in electricity rates in January, as higher generation costs driven by peso weakness and the start of renewable energy (RE) fee collection may outweigh lower spot market prices.
SOUTH CLEANERGY, INC. is seeking to build a P512-million transmission facility to link its major solar farm and battery energy storage system in Cadiz, Negros Occidental, to the Visayas grid.
MANILA – The National Grid Corporation of the Philippines (NGCP) on Wednesday warned against the potential impact of renewable energy (RE) on power grid stability following a recent incident in Luzon.
MANILA, Philippines — AboitizPower Corp. has rejected claims that a coal expansion project in Cebu violated the government’s coal moratorium or reflected institutional corruption, saying such assertions are “factually incorrect” and misleading.
The average price of power on the Wholesale Electricity Spot Market (WESM) went up by 10 percent to P4.38 per kilowatt hour (kWh) in December last year from P3.98 per kWh the previous month because of tighter margins and price spikes in Visayas and Mindanao.
NGCP welcomes Terra Solar Power Project as a significant addition to the country’s growing renewable energy capacity, supporting national efforts toward a cleaner energy mix. Terra Solar has a total capacity of 2,500 megawatts (MW), supported by a 1,125-MW battery energy storage system (BESS) capable of sustaining output for around 4 hours.
FIFTEEN POWER generation companies have signaled interest in supplying Manila Electric Co. (Meralco) with renewable energy, underscoring strong competition for the country’s biggest power distributor as it seeks long-term clean power.
Carbon emissions in the country are projected to more than double over the next few decades despite the aggressive push for renewable energy integration, according to the Asia-Pacific Economic Cooperation. (APEC).
GIGA ACE 8, INC., a unit of ACEN Corp., plans to begin commercial operations of its P26-billion expansion of the Palauig solar farm in Zambales province in northern Philippines in the first quarter of 2027, according to a filing with the Department of Environment and Natural Resources (DENR).
The government has issued a new petroleum service contract for the Galoc oil field in northwest Palawan to allow a consortium to recover remaining reserves at the site.