The Power Sector Assets and Liabilities Management (PSALM) has announced that the Aboitiz-led Thunder Consortium has been granted the notice of award (NOA) for the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants. In a statement on Friday, July 18, PSALM said the consortium—comprising...
ZAMBOANGA CITY – Basilan province experienced a massive power outage on Wednesday, July 16, after the National Power Corp. (NPC) disconnected electricity to the Basilan Electric Cooperative (Baselco) due to failure to pay its P46-million debt. The order was contained in a letter dated July 14...
A non-government organization Institute for Climate and Sustainable Cities (ICSC) has launched a free online platform designed to help stakeholders track and expand rooftop solar technologies across the Philippines. Unveiled at an event on Tuesday, July 15, the platform, named SPECTRUM (Solar Power...
ILOILO CITY — The construction of a 62-megawatt (MW) solar power plant is underway in northern Iloilo province. Department of Energy (DOE) Secretary Sharon Garin joined executives of Jin Navitas Solaris Inc. (SOLARIS) led by Jainto Ng Jr. during the July 11 groundbreaking of Iloilo’s first...
Aboitiz Power Corp. (AboitizPower) announced that a subsidiary of its Therma Power Inc. will construct a battery energy storage system (BESS) in Cebu, which will be slated for commissioning by next year. In a statement, AboitizPower said Therma Power’s East Asia Utilities Corp. (EAUC) will soon...
Now that she’s officially appointed at the “hot seat” of the Department of Energy (DOE), the honeymoon is over from her day one in office as designated Energy Secretary Sharon S. Garin is not exactly a newbie in the sector – so, it’s time for her to deliver electricity consumers’...
State-run Government Service Insurance System (GSIS) has signed an agreement with the Power Sector Assets and Liabilities Management Corporation (PSALM), and the National Power Corporation (NPC), finalizing the settlement of over ₱1 billion in unremitted premium contributions arising from...
Aboitiz Power Corporation announced that its oil-fired power plant in Cebu is set to reach the end of its corporate lifespan by next year, a few years after its electrification. In a disclosure to the Philippine Stock Exchange on Tuesday, July 8, Aboitiz Power said that the Cebu Private Power Corp....
BACOLOD CITY – Mayor Marina Javellana-Yao recently welcomed a possible wind energy investment in Bago City, Negros Occidental by Thailand-based firm. Yao expressed optimism for potential economic growth and job opportunities as Sermsang Power Corp. explores the windmill project. During an...
Razon-led Primelectric Holdings, Inc. has partnered with Saudi Arabian firm ACWA Power Co. to explore renewable energy (RE) and energy storage opportunities in Western Visayas and Palawan. In a statement on Monday, July 7, Primelectric announced that it signed a joint study agreement with ...
As of Friday (July 4), the energy sector was buzzing with one juicy tidbit: OIC Sharon Garin 's appointment papers will reportedly make her ‘Acting’ Secretary. Naturally, the whole industry has raised eyebrows and asked in chorus: Wait, is the search for the next Energy Secretary still...
After the successful bidding to privatize the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants, the government and private-sector players may next look forward to another public-private partnership (PPP) in rehabilitating the decades-old Agus-Pulangi hydropower complex in Mindanao. Power...
