Citicore Power Inc. has cemented at least three new contracts in power retailing, a policy regime in the power sector that empowers customers to choose its preferred power supplier. Via its retail supply arm Citicore Energy Solutions Inc. (CESI), the Megawide-affiliated power company indicated that...
The Energy Regulatory Commission (ERC) will be lifting the moratorium on the licensing of retail electricity suppliers (RES), or those that have been selling electricity to qualified contestable end-users under the Retail Competition and Open Access (RCOA) policy regime of the restructured power...
EDC supplies green energy to bathroom fixtures firm By MYRNA M. VELASCO Clean power producer Energy Development Corporation (EDC) will flush out ‘dirty energy’ in washrooms, as it cornered bathroom fixtures company Hocheng Philippines Corporation, also known as HCG, as a new client that it will...
EEI Energy Solutions Corporation (EEI Energy) of the Yuchengco group has sealed a new power supply agreement with Valenzuela-based Genstar Manufacturing Corporation, which produces plastic packaging. According to Cris Noel Torres, president of EEI Energy, Genstar is already the second customer...
Cebu-based steel manufacturing firm Chioson Development Corporation (CDC) has shifted power use into renewable energy (RE), and it signed up with Energy Development Corporation (EDC), to become its electricity service provider. According to EDC, which is a subsidiary of Lopez-led energy firm First...
Yuchengco-led EEI Energy Solutions Corporation (EEI Energy) has joined the league of retail electricity suppliers (RES) in the restructured power sector, cornering a mall and an animal feeds manufacturer among its first clients. The company disclosed that it recently signed up Centro Mall, which is...
The Department of Energy (DOE) has added two more firms in the expanding list of renewable energy (RE) suppliers that can directly offer their generated electricity to end-users under the ambit of the Green Energy Option Program (GEOP). The GEOP is a policy tool that will give consumers the...
The Department of Energy (DOE) is mandating all distribution utilities (DUs) to submit their updated Distribution Development Plan (DDP) that shall factor in supply-demand as well as load growth projections in their network; and for them to flesh out also the coverage of their power supply...
The Energy Regulatory Commission (ERC) has laid down the rules that will delineate the qualification of consumers that can avail of the Green Energy Option Program (GEOP) or those that can secure or contract for electricity supply from renewable energy (RE) suppliers. ERC LOGO As the regulatory...
The Philippine Bio-Industries Inc. (PBI), a major carrageenan exporter company, has inked a one-year power supply deal with First Gen Corporation, the country’s clean energy leader, for the latter to provide electricity generated from a renewable energy source. First Gen said the deal with PBI,...
In the cutthroat contest of the retail competition and open access (RCOA) regime of the restructured electricity sector, First Gen Corporation scored another win by cornering Manila Polo Club as its new retail power customer. First Gen will be supplying the electricity needs of the premiere leisure...
Lopez-led First Gen Corporation has beefed up anew its retail electricity market portfolio after signing up Menarco Development Corporation (Menarco), a company controlled by businessman Menardo Jimenez, as its new customer. The Lopez company said Menarco preferred sourcing its power needs from a...