Category Archives: News

Third green energy auction moved to 2025

THE THIRD ROUND of the green energy auction (GEA-3) will be moved to 2025, pending...

ERC allows collection of P3-B deferred payments to reserve market suppliers

THE Energy Regulatory Commission (ERC) said it allowed the collection of the remaining P3.05 billion...

Spot prices up slightly in November

ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) rose in November as margins narrowed...

ERC cuts permit processing time

The Energy Regulatory Commission (ERC) has reduced the processing time of the various permits of...

EEI Power bags rooftop solar system deal with Mindoro Medical Center-Calapan

EEI Power Corp. has signed a contract with the Mindoro Medical Center-Calapan, Inc. for the...

AboitizPower energizes its first solar plant in Central Luzon

ABOITIZ Power Corp. (AboitizPower), through its renewable energy arm Aboitiz Renewables, Inc., announced that its...

Many coal power projects exempt from ban—DOE

A staggering 20,0000 megawatts (MW) of power generation capacity are apparently not covered by the...

Compliant power cooperatives to be granted exemption from local taxes

ELECTRIC COOPERATIVES (ECs) found compliant with the financial and operational standards set by the National...

MSpectrum, Edward Keller partner for solar power project in Laguna

MANILA, Philippines — MSpectrum Inc., the solar energy arm of Manila Electric Co. (Meralco), has...

BPI extends ₱4 billion in loan for wind-power project

THE Bank of the Philippine Islands (BPI), with support from the International Finance Corp. (IFC),...