Garcia-led Vivant Energy, a wholly-owned subsidiary of publicly listed Vivant Corporation, has announced plans to acquire the shareholdings of its partner Gigawatt Power Inc. in corporate units that provide electricity in off-grid areas. As emphasized, Gigawatt Power Inc. has 50-percent equity in...
Madrid-headquartered Bluefloat Energy announced plans for gigantic 7.6-gigawatt (7,600 megawatts) offshore wind power projects in the Philippines, the biggest in its portfolio, with a target to bring the initial development onto commercial operation by the turn of the decade. In a briefing with...
Tiu-led Repower Energy Development Corporation (REDC), a subsidiary of Pure Energy Holdings Corporation, has inked memorandum of agreement (MOA) with Austrian firm Gugler Water Turbines GMBH (“Gugler”) for targeted 320-megawatt seawater pumped storage hydro projects in the Philippines. REDC said...
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....
Concessionaire-firm National Grid Corporation of the Philippines (NGCP) claimed that its overall performance has improved, compared to the time when the transmission system was still operated by the government. In a statement to the media, NGCP said, its “overall performance in operating the grid...
The supply of electricity in at least four provinces in Northern Luzon was cutoff due to strong rains and howling winds brought by typhoon “Betty”, authorities bared Tuesday, May 30. *(Courtesy of Philippine Atmospheric, Geophysical and Astronomical Services Administration) * In its latest...
System operator National Grid Corporation of the Philippines (NGCP) was able to free up stranded capacity in the northern corridor of the Luzon grid, following the energization of its 500-kilovolt (kV) Hermosa-San Jose transmission line project in Bataan. That project, which commanded investment of...
Fresh River Lakes Corp. (FRLC), a subsidiary of Lopez-led First Gen Corporation, has already been served with the "notice of award" on its winning bid for the 165-megawatt Casecnan hydropower facility in Nueva Ecija. In a disclosure to the Philippine Stock Exchange (PSE), the company stipulated that...
Some barangays in Manila and Quezon Cities will experience power interruptions starting Tuesday, May 30 to Thursday, June 1. In an advisory released by Manila Electric Company (Merlaco) , it said the temporary power outage is due to line maintenance and relocation of facilities. Some streets in...
Power utility giant Manila Electric Company (Meralco) has called on the owners and operators of advertising billboards to temporarily roll up or take down their materials in preparation for the super typhoon Mawar. Meralco said that with expected strong winds accompanying super typhoon Mawar,...
Senator Christopher “Bong” Go has vowed to keep track of Northern Davao Electric Cooperative, Inc.’s (Nordeco) promise to end the power crisis gripping the Island Garden of Samal City residents by the end of May. Senator Christopher "Bong" Go...
The Energy Regulatory Commission (ERC) is considering to enforce a "differentiated pricing" for the waste-to-energy (WTE) capacities to be offered under the Green Energy Auction (GEA) program of the government. ERC Chairperson Monalisa C. Dimalanta admitted that the issuance of green energy auction...
