The Department of Energy (DOE) stated that the Atimonan coal plant project faces significant hurdles in securing re-approval under the coal moratorium exemption. In a briefing, Energy Secretary Sharon S. Garin explained that the coal project‘s re-evaluation must meet regulatory requirements,...
Manila Electric Co.’s (Meralco) power generation arm, Meralco PowerGen Corp. (MGen), is targeting to commence electricity supply from its 1,200-megawatt Atimonan coal plant by 2029 or 2030, subject to government approval. Speaking to reporters on the sidelines of the Meralco Giga Summit 2025,...
The Department of Energy (DOE) is still undecided if it will grant the application for certification that will greenlight the planned 1,200-megawatt Atimonan coal-fired power project of Meralco PowerGen Corporation (MGen), the power investment arm of utility giant Manila Electric Company. When...
Consunji-led Semirara Mining and Power Corporation (SMPC) is eyeing to take a provocative step as the third company breaking into the regenerated coal plant development gamble, with the targeted revival of its 700-megawatt Saint Raphael power project in Batangas that will likely command an...
Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company (Meralco), is seeking certification from the Department of Energy (DOE) as it is now inclined to rejoin the country’s ‘king coal club’ for its 1,200-megawatt Atimonan power plant project that...
Ayala-led ACEN Corporation has broadened partnership deals with two Singaporean firms for transition credits (TC) trading that could financially support the advanced retirement of its 246-megawatt South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant in Batangas. The latest...
Leading player Aboitiz Power Corporation is scheduling the issuance of notice-to-proceed (NTP) for the construction of the next round of 1,000 megawatts (MW) of greenfield solar farm ventures that it is targeting to bring to commercial operations in the next two years. In a briefing with the media,...
Greenfield as well as expansion generating facilities of Aboitiz Power Corporation will be shoring up power supply in the country this year by additional 400 megawatts – mainly coming from its solar plants that will be reaching commercial stream in the months ahead. In a briefing with reporters,...
The government should prepare policies on energy transition amid mounting calls for a coal phaseout, Senator Sherwin Gatchalian said. Gatchalian pointed out that the development of more renewable energy (RE) projects in the country is expected to bring down power costs and ensure sufficiency...
DUBAI, UAE – Ayala-led ACEN Corporation is batting for viable ‘replacement cash flow’ that will satisfy its shareholders on the planned accelerated retirement of its 246-megawatt South Luzon Thermal Energy Corp (SLTEC) coal plant. In an interview at the COP28 side events, ACEN President and...
DUBAI, UAE – Multilateral lending firm Asian Development Bank (ADB) sees biggest potential for carbon emissions reduction with the energy transition mechanism (ETM) being pushed for the retirement or repurposing of coal plants all over the world. “Coal-fired power plants produce more global...
DUBAI, UAE -- The strategy of the Philippines in line with the COP28 Global Stocktake for energy transition will differ to a great extent, because it will be opting for coal plants’ phasedown, instead of the intensified call of the United Nations Framework Convention on Climate Change (UNFCCC)...
