Alcantara-led Alsons Power Group will be constructing a 95.5-megawatt baseload power facility that will cater to the back-up energy needs of Bohol province; and will prospectively end its lingering dilemma of electricity service interruptions especially when extreme weather events would hit. The...
The Philippine Stock Exchange (PSE) is removing Metro Pacific Investments Corporation (MPIC) and Aboitiz Power Corporation (AboitizPower) from its benchmark index and replacing them with Bloombery Resorts Corporation and Century Pacific Food Inc. In a memorandum posted on the PSE website, PSE...
Government-run National Irrigation Administration (NIA) and SN Aboitiz Power (SNAP group had sealed a memorandum of understanding (MOU) that will explore ‘water management’ component of the Alimit hydro project – primarily those that go beyond electricity generation, such as irrigation and...
LAOAG CITY, Ilocos Norte – The Ilocos Norte Electric Cooperative (INEC) announced a reduction in the power rate for residential customers in this province this month. In an advisory, INEC said the residential power rate is down to P11.5517 per kilowatt hour (kWh) inclusive of Value-Added...
ILOILO CITY – Routes for electronic buses or E-buses that are a joint project of two major companies were launched in this city as part of modernizing and promoting environmentally-friendly transportation. ONE of the 10 units of the SM Iloilo Electric Bus, a joint project between MORE Power and...
The Department of Energy (DOE) is eyeing to tap technical assistance from either the United States Agency for International Development (USAID) or the United Nations Development Programme (UNDP) for targeted new survey on ‘social acceptance’ for nuclear power as an option in the Philippine...
Lopez-led First Gen Corporation will be supplying additional 20 megawatts of renewable energy-based capacity to Central Negros Electric Cooperative (CENECO), one of the biggest power distribution utilities in the Visayas region. In a statement to the media, First Gen noted that the supply of...
The Department of Energy (DOE) will be issuing policy guidelines that will lay down the framework of incentives for targeted hydrogen-anchored investments in the country. According to Atty Patrick T. Aquino, director of the DOE’s Energy Utilization Management Bureau (EUMB), the draft guidelines...
Power utility giant Manila Electric Company (Meralco) will be introducing ‘smart tariffs or rates’ that will be tailor-fitted to consumers’ budgets and specific needs – be it for direct electricity services to homes and businesses; or on the charging of electric vehicles (EVs) as part of...
After the successful debut of a ‘digital twin’ at its Therma South Inc (TSI) coal-fired power plant in Davao, Aboitiz Power Corporation is eyeing the rollout of the same digital tool at three more of its electric generating facilities in Luzon and Visayas grids. Aboitiz Power President and CEO...
The Commission on Audit (COA) has granted the petition for money claim filed by Southern Philippines Power Corporation (SPPC) against the National Power Corporation (NPC) and the Power Sector Assets and Liabilities Management Corporation (PSALM) for the payment of contractual obligations under the...
LONDON, England – The Department of Energy (DOE) is seriously planning installations for a ‘parallel green grid system’ that will underpin the integration of mammoth renewable energy (RE) facilities, primarily the 50-gigawatt offshore wind (OSW) ramp up which is the dominant technology cast...
