Therma Luzon, Inc. (TLI), a subsidiary of Aboitiz Power Corporation has renewed its power supply agreement (PSA) with Ibaan Electric Corporation (IEC) for another five-year duration. According to the Aboitiz firm, it will be supplying 10.92 megawatts to the power utility, which the latter will be...
The Manila Electric Company (Meralco), through its transport solutions unit, will be expanding its electric vehicle business into a commercial scale operation. This developed following the incorporation of its new subsidiary Movem Electric Inc., which intends to offer more extensive supply chain...
The Department of Trade and Industry (DTI) through Board of Investment (BOI) shall recommend for approval to the Fiscal Incentives Review Board (FIRB) an EV incentive strategy (EVIS), similar tax incentives driven to the Comprehensive Automotive Resurgence Strategy (CARS) Program, to ensure the...
A university professor has backed the idea to incentivize the use of electric vehicles (EVs) which can help mainstream its usage in the country. Abigail Arillaga, a chemist, said that it will be harder to shift to EVs unless the government rolls out monetary incentives for its use along with an...
*Above: SM rolls out* the biggest chain of E-Vehicle Charging Stations in the Philippines with over 27 malls nationwide. (Photo taken at SM Mall of Asia, with a Porsche Taycan plugged in) - - - The shift from petrol to fully-electric vehicles is already beginning as more and more brands start to...
The Ayala Corporation hopes to be at the forefront of the shift to electric vehicles with the much awaited launch of its first fully-electric passenger car, the EV6. Teased as early as the 2022 Philippine International Motor Show (PIMS) last year, the battery electric vehicle is now finally on...
Great Wall Motor (GWM) and its Philippine distributor, Luxuriant Automotive Group, Inc. (LAGI), are set to launch GWM's lineup of vehicles in April. The first four models previewed by LAGI include the Jolion, Jolion HEV, H6 HEV, and the GWM Cannon. The crossovers are all built on...
Power utility giant Manila Electric Company (Meralco) divulged that it received new offers for one-year contract to cover 670 megawatts of capacity that will replace the cheaper fixed price contract of the Ilijan gas-fired power plant of South Premiere Power Corporation (SPPC) of the San Miguel...
An official of the Pampanga-based San Fernando Electric Light and Power Company (SFELAPCO) on Monday said the decision to implement its pending power supply agreement (PSA) is part of its commitment to provide stable and affordable power supply to its customers in the City of San Fernando. Jose...
The energy subsidiaries of diversified conglomerate San Miguel Corporation (SMC) have terminated two power supply agreements (PSAs) with utility giant Manila Electric Company (Meralco), crashing hopes of at least 1,800 megawatts in critical power capacity additions by next year until 2025. In an...
The Department of Energy (DOE) is eyeing the acceleration of electric vehicles (EVs) rollout that will top 6.3 million by 2040; and that shall account for half of all vehicles plying Philippine thoroughfares by then, versus those powered by internal combustion engines. The advancement of electric...
One person died while another was injured after two adjacent electricity posts collapsed and fell on them at the corner of Estrella and Leono Streets in Barangay Tanong, Malabon City on Friday, March 17. The Malabon City Disaster Risk and Reduction Management Office (DRRMO) said that Jairo Bonus,...
