Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, reported that its wholly owned subsidiary FDC Utilities, Inc. (FDCUI) plans to triple its generating capacity from the current 411MW to 1,350MW by 2033. In a disclosure to the Philippine Stock Exchange (PSE),...
State-run firms Philippine National Oil Company (PNOC) and the National Power Corporation (NPC) have inked a memorandum of understanding (MOU) that will cement their collaboration on setting up a pilot project for the rollout of hybrid systems leaning on solar and wind farms in energizing off-grid...
The uptrend in the tariff of Manila Electric Company (Meralco) in its July billing will strain its customers’ household budgets, but a survey of selected power utilities in various parts of the country would show that its rate hike is still leaner versus peer-distribution firms. Meralco announced...
The Commission on Audit (COA) has reminded water districts under the Local Water Utilities Administration (LWUA) to keep their distribution losses at 20 percent or below for viable operations. In its annual audit report, COA cited the case of the San Quintin Water District (SQWD) in...
The weakening El Niño phenomenon continues to heighten the risk of dry spells and droughts, as seen in today's scorching afternoon heat and water shortages. According to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA), the Philippines has been...
The Securities and Exchange Commission (SEC) has simplified the registration process for power companies opting for initial public offering (IPO) and other forms of stock offering that they will be pursuing at the local bourse. According to the Energy Regulatory Commission (ERC), the streamlined...
President Marcos has appointed lawyer Jose Moises Salonga as the new administrator of the Local Water Utilities Administration (LWUA), which promotes and oversees the development of water supply systems in provincial cities and municipalities. LWUA website Marcos appointed Salonga to the post on...
In a bid to achieve water security for Filipinos, Senator Francis Tolentino is pushing for the continuous development of water sources nationwide. In a conversation with the Local Water Utilities Administration (LWUA) Administrator Vince Revil on Saturday, Dec. 2, Tolentino cited several water...
The Energy Regulatory Commission (ERC) is working with the Securities and Exchange Commission (SEC) on the development of a regulatory framework that will hasten the initial public offering (IPO) of the country’s power generation companies and distribution utilities. The two government agencies...
The Energy Regulatory Commission (ERC) has prescribed a two-tiered review process before the power supply agreements (PSAs) or contracts underwritten via competitive selection process (CSP) could secure regulatory approval. That has been the main stipulation in the new CSP guidelines that was...
Despite forecasts of ‘yellow alert’ that could strain Luzon grid, the Department of Energy (DOE) is trying to lean on a 700-megawatt supply buffer or reserve margin to avert incidents of electricity service interruptions during the October 30 Sangguniang Kabataan (SK) and barangay elections....
The profound issue of water security in the country was tackled and addressed in “Every Drop Counts: A High-Level Dialogue for a Water-Secure Country”, an event held by the Local Water Utilities Administration (LWUA) on Monday, Sept. 18. In a statement, luminaries, visionaries, and crucial...
