Veritable clean energy developer Citicore Renewable Energy Inc. (CREC) is targeting to beef up its operating solar portfolio with additional 69-megawatt peak (MWp) capacity upon the commercial operations of its second solar farm project in Negros Occidental. The construction of the firm’s...
Green solution is in for Pampanga-based firm Laus Group of Companies (LGC) as it is now embracing the ‘power of the sun’, in sustaining its ‘prosumer’ journey to satiate the electricity requirements of its corporate buildings, while also locking in cost savings. Through a partnership with...
The Philippines' move towards renewable energy is expected to cause less disruption in electricity prices compared to other Southeast Asian countries, a study conducted by Oxford Economics showed. In a report, Oxford Economics said that the increase in energy prices in the Philippines during its...
It will be financially burdensome for consumers again at the petroleum pumps this week, as the price of gasoline products will substantially rise by P1.60 per liter; while diesel will be up by P1.10 per liter, according to the pricing advisories sent by the oil companies. Additionally, the price of...
French multinational giant Schneider Electric is intensifying its pitch on the use of green energy as well as other sustainable solutions to support the operations of flourishing data centers in the Philippines. Underpinned by its offer of energy management solutions and digital automation...
Reiterating her stance against Charter change (Cha-cha), Senator Risa Hontiveros said on Friday, Feb. 16 that the consumers' experience of power instabilities under public utilities despite foreign involvement was a clear indication of "failure". She says that this is contrary to the claims that...
Which is faster on the draw than Cupid’s arrow that can steal the ‘thrill of romance’ on Valentine’s Day? Electricity consumption! Wait, what?! Alright, so you’ve already spent for your dreamy dates, chocolates and roses. Well, watch out next for your electric bills – it could flutter...
The Department of Energy (DOE) will be undertaking this year the first bid round to woo prospective investors for energy infrastructure developments in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). The department announced that the launch of the planned auction for conventional...
The Energy Regulatory Commission (ERC) is requiring power utility giant Manila Electric Company (Meralco) to file a formal application for the pass-on of fuel charges that shall be reckoned from the new gas sale and purchase agreement (GSPA) that First Gen Corporation had signed with the Malampaya...
Power utility giant Manila Electric Company (Meralco) will refund the ‘generation charge overbilling’ that it has passed on in the February electric bills that had been invoiced by its power suppliers feeding on liquefied natural gas (LNG) as well as components of capacity generated from the...
The Energy Regulatory Commission (ERC) has clearly stipulated that clearance shall be secured first before Manila Electric Company (Meralco) can pass on costs relating to procured supply from plants running on liquefied natural gas (LNG) – and that is primarily applied to its contracted...
TOKAI Corporation of Japan is investing an additional P3.43 billion in publicly-listed renewable energy firm Repower Energy Development Corporation, a subsidiary of Pure Energy Holdings Corporation, to double its stake to 20.1 percent. In a statement, REDC said TOKAI Corporation is the consolidated...
