Thriving green energy developer Citicore Renewable Energy Company (CREC) will be supplying 90 megawatts of solar-generated electricity to the properties of Sy-led SM Prime Holdings. In a statement to the media, CREC indicated that a memorandum of agreement (MOA) for the supply arrangement was inked...
Solana Solar Alpha Inc. (Solana Solar), a subsidiary of Altenergy, has cemented a power supply agreement with Villar-led retail electricity supplier company Kratos RES Inc. Under the agreement, Solana Solar will supply Kratos RES with 10-megawatt and up to 20 MW of clean and renewable power from the...
The auction of 11,600 megawatts of RE capacity scheduled this month will prove to be an "acid test" for the accelerated renewable energy (RE) development roadmap designed by the Marcos administration. The Department of Energy (DOE), which will administer the RE capacity tendering for the second...
The Department of National Defense (DND) and the Ministry of Defence (MinDef) of Singapore has forged a partnership to enhance both countries’ disaster response cooperation. *The * *Department of National Defense and Minister of Defence of Singapore sign * *the Arrangement Concerning...
The Energy Regulatory Commission (ERC) has issued show-cause orders (SCOs) to 25 electric cooperatives and three private distribution utilities (DUs), mandating them to explain why they failed to justify pass-through fuel costs that they have reflected in the electricity bills of their customers....
Lopez-led First Gen Corporation will be joining the fresh round of bidding that power utility giant Manila Electric Company (Meralco) will be undertake to fill the capacity void on its additional 2024 supply following the retreat of its targeted supplier. First Gen President and COO Francis Giles B....
The Philippines will soon send a delegation to Kuwait to tackle labor and migrant workers issues, including the recent suspension of new work visas for Filipinos by the Kuwaiti government, the Department of Foreign Affairs (DFA) said Saturday, May 13. *(Photo from the Presidential Communications...
The Maynilad Water Services Inc. has signed a revised concession agreement (RCA) with the Metropolitan Waterworks and Sewerage System (MWSS) last Wednesday, May 10. (File photo / Manila Bulletin) "The amendments are intended, in part, to align some of the RCA provisions with the revised...
On top of the double whammy of rotational brownouts and scorching heat, consumers of Manila Electric Company (Meralco) will be distressed with additional financial burden as its rates will go up by P0.1761 per kilowatt hour (kWh) in this May billing. For roughly 70-percent of the utility firm’s...
A "lucrative contract" with up to 40-year duration is being dangled to renewable energy (RE) developers joining the second round of RE auction covering 11,600 megawatts to be held on June 19 this year. The reference (TOR) issued by the Department of Energy (DOE) emphasized that the initial term of...
The Department of Energy (DOE) is undertaking a series of public consultation to solicit stakeholder-inputs and comments on the proposed revision of the competitive selection process (CSP) or the bidding system for power supply agreements (PSAs) of distribution utilities. The energy department...
The Department of Energy (DOE) is laying down the conditions on when competitive selection process (CSP) or bidding will no longer be required in the procurement of capacities by private distribution utilities (DUs) and electric cooperatives (ECs). In a draft Circular presented to industry...
