Spanish energy firm Acciona Energia is set to complete the construction of its 180-megawatt peak (MWp) solar power project in Cebu a year from now.
MANILA, Philippines — Electricity supply in Visayas could become critically strained next year, triggered by the planned and unexpected shutdown of several power plants, a senior energy official warned.
The Energy Regulatory Commission (ERC) has directed all private distribution utilities (PDUs) to file their respective actual weighted average tariff (AWAT) applications to cover the lapsed period when the agency could not conduct a rate reset.
The Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) is calling on the national government to allocate sufficient and equitable funding for its member-cooperatives’ electrification initiatives to achieve the goal of 100-percent rural electrification by 2028.
A $170-MILLION geothermal de-risking facility is set to launch next year following an agreement signed by the Department of Energy (DoE) and Land Bank of the Philippines (LANDBANK).
THE Energy Regulatory Commission (ERC) is on track to complete next year its evaluation for the rate reset of the National Grid Corp. of the Philippines (NGCP) for the fifth regulatory period (5RP), spanning the years 2023-2027.
ENERGY Development Corp. (EDC) has set a capital expenditure (capex) budget of P19 billion for 2026, lower than this year’s allocation, as the company scales back drilling activities following several years of heavy investment in geothermal growth projects.
ELIGIBLE renewable energy (RE) plants will be entitled to receive additional incentives starting next year as the Energy Regulatory Commission (ERC) approved long-delayed adjustments in the feed-in tariffs (FIT).
ABOITIZ Renewables, Inc., a subsidiary of Aboitiz Power Corp. (AboitizPower), has acquired shares in a company developing a large-scale solar farm in Bohol for $8.55 million (P505 million).
MANILA ELECTRIC CO. (Meralco) has launched a competitive selection process (CSP) to procure 200 megawatts (MW) of baseload renewable energy (RE) to comply with its renewable portfolio standards (RPS) obligations, the company said on Monday.