The P15.9 billion investment to be injected by a subsidiary-company of Manila Electric Company (Meralco) into the Leviste-founded SP New Energy Corporation (SPNEC) will help ramp up the development of the latter’s pipelined solar-plus-energy storage projects. The utility firm announced that MGen...
This early, the Department of Energy (DOE) is keeping consumers up to speed that the country’s transition to renewable energy (RE) will not only be a long journey, but there’s also high probability that it will add up costs into the electric bills of consumers. “Nobody is going to tell you...
The government has more than P37.1 million worth of relief goods which have remained undistributed and exposed to loss, wastage or misappropriation, the Commission on Audit (COA) said. In its 2022 audit on the Disaster Risk Reduction Management (DRRM), COA said that storage and timely distribution...
Czark Mak Corporation (CZM) Group of Companies is further expanding its cold storage business with P350-million state-of-the-art cold storage facility and ice plant in Murcia, Negros Occidental to serve the needs of agricultural and other producers in the province and nearby areas. In a statement,...
Cost downtrend to spur rollout of hydrogen as energy fuel By MYRNA M. VELASCO THE HAGUE – Significant cost downtrend and further improvements in technological innovation are warranted before hydrogen could gain headway for commercial rollout into markets, according to multinational energy giant...
Ayala-led ACEN Corporation has secured government approval to ramp up its energy storage venture as a technology coupling to its 720-megawatt(ac) New England solar farm venture in Australia. In a statement to the media, ACEN Australia said that state-government of New South Wales (NSW) gave a...
Power utility giant Manila Electric Company (Meralco) has hiked its pipeline of renewable energy projects raising its capacity to 1,700 megawatts, surpassing the five-year development plan earlier cast by its power generation subsidiary Meralco PowerGen Global Business Power Corp. According to...
As the brothers, Cold Storage President Marco Qua and Vice President Morris Qua cut the ribbon to the relaunch of their Banawe store location. There was an unmistakable wave of nostalgia that wafted through the premises, freezer displays, and vitrine cases. For it was some 35 years ago that their...
System operator National Grid Corporation of the Philippines (NGCP) is proposing amendments to the Grid Code to ensure the country’s power system can efficiently absorb gigawatt-scale but variable renewable energy (RE) capacities. In a presentation to the media, NGCP Vice President and Head of...
US-headquartered Fluence Energy, Inc. has completed the 570-megawatt battery energy storage system (BESS) project for leading Philippine energy player SMC Global Power Holdings Corp. (SMCGP) of the San Miguel group. The company emphasized that the project’s completion milestone coincided with the...
Rising summer temperatures and threats of power service interruptions amid surging electric bills could really trigger disappointments among us as we yearn for a “more hopeful story” that can rescue us from these predicaments. On March 31 this year, a bit of that “hope” came to light with...
President Ferdinand "Bongbong" Marcos believes that the Philippines no longer needs large-scale energy projects such as the Bataan Nuclear Power Plant with the birth of battery farms. Marcos made the statement as he graced the inauguration of Global Power’s Battery Energy Storage System (BESS)...
