Category Archives: News

First Gen seeks 15-year extension of supply contract for Sta. Rita gas plant

LOPEZ-LED First Gen Corp. is seeking to extend its power purchase agreement (PPA) with Manila...

New ERC chief vows to be ‘firm but fair’ as term starts

ATTY. Francis Saturnino Juan, the new chairman of the Energy Regulatory Commission (ERC), vowed to...

ERC vows to resolve Siquijor power supply situation

Newly-installed Energy Regulatory Commission (ERC) chairman Francis Saturnino Juan vowed the commission will help resolve...

99-MW South Cotabato solar project starts construction

Apolaki Seven Inc. and German firm ib vogt GmbH broke ground Thursday on the 99-megawatt...

BUSINESS ERC OKs Alternergy’s P1.8 billion grid link project

MANILA, Philippines — The Energy Regulatory Commission has authorized Alternergy Holdings Corp. to build a...

SM Prime retains FTSE4Good Index Series spot, cites focus on climate-resilient infrastructure

SM PRIME Holdings, Inc. said it will expand its renewable energy initiatives and climate-resilient infrastructure...

CREC taps P4.4-B Security Bank loan for 125-MW solar farm

LISTED renewable energy company Citicore Renewable Energy Corp. (CREC) has secured a P4.4-billion term loan...

Atimonan coal plant to deliver P1-b benefits to community

Atimonan One Energy Inc.’s planned 1,200-megawatt ultra-supercritical coal-fired power plant is projected to provide significant...

Electricity spot market price hits ₱3.99/kWh

SPOT market prices further increased to P3.99 per kilowatt hour (kWh) from June 26 to...

NGCP yellow alert in Visayas enters third day

FOR the third consecutive day, the Visayas grid was placed on yellow alert by the...