ILOILO CITY – The Razon-owned MORE Electric and Power Corp. (MORE Power) has been recognized for its contributions to the economic growth of this city. MORE Power linemen in Iloilo City. (Tara Yap) The Iloilo City Council passed a resolution that cited MORE Power’s role in economic growth...
DMCI-led Semirara Mining and Power Corporation (SMPC) is forecasting nearly P7 billion in capital expenditures (capex) for 2025, with the majority allocated for coal development. In a briefing, SMPC announced an anticipated P6.9 billion group capex. Approximately 84 percent of this amount (P5.8...
The Department of Energy (DOE) is supporting eight developers to pursue offshore wind (OSW) projects totaling nearly 17,000 megawatts (MW) set to begin construction in 2027. According to DOE data, these frontrunner projects have a potential capacity of 16,652 MW and are located in several...
Off-grid energy provider DMCI Power Corporation (DPC), a DMCI Holdings subsidiary, announced that its first renewable energy (RE) project will begin operations this year. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, Jan. 16, DPC stated that the Semirara Wind Project aims to...
Aboitiz Power Corporation's renewable energy unit, Aboitiz Renewables Inc. (ARI), announced it will move forward with the development of the Libmanan onshore wind project in Camarines Sur. In a statement, ARI said it has taken over the shares of its former partner, Mainstream Renewable Power...
Energy firm Semirara Mining and Power Corporation (SMPC) announced a new record for coal shipments in 2024, driven by stronger demand from China and domestic markets. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, Jan.14, SMPC reported reaching 16.5 million metric tons (MT) of...
Manila Electric Company (Meralco) customers can breathe a sigh of relief as the power retailer forecasted lower electricity rates for January, citing improved supply conditions and lower generation costs. Joe Zaldarriaga, Meralco’s Vice President and Head of Corporate Communications, said on...
The Manila Electric Company (Meralco) has announced scheduled power maintenance in several cities, municipalities, and provinces across Luzon. Starting Wednesday, January 8, Balara, Quezon City, and Mendez-Nuñez, Indang, Cavite, will experience the first round of maintenance. This is due to pole...
ILOILO CITY – To avoid a repeat of the massive blackouts that affected Iloilo and Panay Island last year, MORE Electric and Power Corp. (MORE Power) urged the National Grid Corp. of the Philippines (NGCP) to complete its substation in this city. A LINEMAN of MORE Power...
The Consunji Group’s DMCI Holdings Inc. may be shelving its plan to develop a new cement manufacturing plant on Semirara Island that would have utilized by-products from the coal mining operations of Semirara Mining and Power Corporation (SMPC). In an interview, DMCI Chief Finance Officer Herbert...
TACLOBAN CITY - The province of Leyte was hit by an unscheduled 11-hour power interruption on New Year's Eve. The outage affected the whole coverage area of the Leyte Electric Cooperative II. It affected Tacloban City, Babatngon, and Palo beginning around 10 p.m. on New Year’s Eve. The...
Advent Energy, Inc., an energy solutions provider and subsidiary of Aboitiz Power Corporation, aims to capture a 30 percent market share in the Mindanao region. James Yu, Aboitiz Power first vice president and head of retail, explained that despite hurdles such as educating the market and upgrading...
