LIPA CITY – Residents from various municipalities appealed for better service from the local power cooperative following recurring outages that have hit the province. Residents specifically asked Batangas II Electric Cooperative (Batelec II) which is the distributor of electric power to San Juan,...
State-run Philippine National Oil Company (PNOC) is engaging into a new business niche by positioning as retail electricity supplier (RES), primarily to satiate the power supply requirements of the government agencies nationwide. In an interview, PNOC President and CEO Oliver B. Butalid indicated...
Razon-led MORE Electric and Power Corp. (MORE Power) said it will maintain the stable power distribution grid in Iloilo City, and to proceed with the joint venture agreement (JVA) with Central Negros Cooperative (Ceneco) in Negros Occidental. In a statement on Friday, Dec. 15, Roel Castro, MORE...
The Energy Regulatory Commission (ERC) is scheduling public consultations on the proposed regulatory review and enforcement of rules that will directly impact consumers’ pockets as well the overall business viability of the power industry. The industry regulator apprised all relevant stakeholders...
The Department of Energy (DOE) is counting on the capacity contribution of greenfield solar plants that are coming on commercial stream during the summer months, primarily to plug capacity gap arising from the de-rated generation of the hydro plants due to the incursion of El Niño spell. In a...
DUBAI, UAE – Danish nuclear firm Seaborg Technologies is eyeing to sign a memorandum of understanding (MOU) with the Department of Energy (DOE) on targeted deployment of its sea-based small modular reactor (SMR) technology in the Philippines. In an interview during a side event at the...
The Christmas gift for the roughly 8.0 million customers of Manila Electric Company (Meralco) will be bundled up in their electric bills, as the overall tariff of the utility firm in its December billing cycle had been down by P0.7961 per kilowatt hour. On an all-inclusive basis, the electricity...
Liberty Solar Energy Corp. (LSEC), a subsidiary of the renewable power pioneer Alternergy Holdings Corp. (Alternergy) received an operating contract from the Department of Energy (DOE) for the Apulid Solar Project in Paniqui, Tarlac. In a disclosure to the Philippine Stock Exchange (PSE),...
The Philippine Stock Exchange (PSE) has lifted the suspension on the trading of the shares of SP New Energy Corporation (SPNEC) on Friday, Dec. 1, after the firm reported that its public float has been raised to 20.02 percent to meet the minimum public ownership requirement of 20 percent. ...
The local government of Bugallon in Pangasinan, through Mayor Priscilla Espino, greenlighted PetroGreen Energy Corp.’s 25 megawatts (MW) solar power project. The Yuchengo-led firm said that the project, which will be located in a 25-hectare site in barangay Salomague Sur, is set to start...
Power utility giant Manila Electric Company (Meralco) will be seeking offers from power generation companies (GenCos) on its scheduled auction of 1,200-megawatt baseload power supply that will replace brownfield capacities currently drawn mainly from emergency power supply procurements. In a tender...
In an effort to reduce operational expenses, San Andres Aqua Culture Corp. (Sanacor) has integrated solar power into its shrimp farms in Sarangani, Mindanao, with the aim of lowering electricity costs. Shawna Velasco, Sanacor engineer supervisor, said solar’s contribution to the total electricity...
