Filinvest Group’s FDC Misamis Power Corp. (FDC Misamis) has secured a two-year, 20-megawatt (MW) power supply agreement with Vivant Energy’s retail electricity supplier COREnergy, expanding supply available to contestable customers as competition in the retail electricity market continues to grow.
The Energy Regulatory Commission (ERC) has shortened processing times for several key regulatory approvals under the Energy Virtual One-Stop Shop (EVOSS), as the government pushes to speed up the development of energy infrastructure through streamlined permitting.
MANILA – Energy Secretary Sharon Garin has encouraged the private sector to further increase investments in the energy sector, citing gains such as the 99-megawatt-peak (MWp) Tantangan Solar Project, eyed to benefit around 68,000 households in Sultan Kudarat.
Nearly 50 distribution utilities recorded residential electricity rates above the national average of P12.43 per kilowatt-hour in June, according to the Institute for Climate and Sustainable Cities.
The Energy Regulatory Commission said Thursday that a supply shortage in the national power grid and higher fuel costs from the Middle East conflict have driven up electricity prices.
The Department of Energy, together with Apolaki Seven Inc., German parent company ib vogt, and other government partners, has energized Phase 1 of the 99-megawatt-peak Tantangan Solar Power Project, a facility capable of supplying clean electricity to about 68,000 households.
Construction is underway on the 50-megawatt (MW) Capantolan Solar Project in Sual, Pangasinan, with engineering, procurement, and construction contractor CEEC (ZEDPI) fully mobilized at the site.
EXPANDING indigenous renewable energy (RE) provides stable pricing that shields consumers from volatile market costs and lowers electricity rates, the Institute for Climate and Sustainable Cities (ICSC) said Thursday.
The Pax Silica project in New Clark City in Tarlac may consume up to 3 gigawatts—equivalent to 3 million kilowatts—daily, according to Bases Conversion and Development Authority (BCDA) president and CEO Joshua Bingcang on Thursday.
Basic Energy Corporation (BSC), a publicly listed Philippine energy company with interests in renewable energy, electric mobility, and other energy ventures, is expanding its presence across the power value chain after securing a Retail Electricity Supplier (RES) license for its wholly owned subsidiary while also moving its planned battery energy storage projects in Negros Occidental…