Repower Energy Development Corp. (REDC) reported a surge in net income for the first quarter, fueled by the strong performance of its mini run-of-the-river hydropower plants. In a disclosure to the Philippine Stock Exchange on Wednesday, May 15, REDC, a subsidiary of Pure Energy Holdings Corp.,...
Because of a newly energized battery energy storage system (BESS), renewable power firm Alternergy Holdings Corp. was able to beef up its financial revenues for the fiscal year 2024. Alternergy’s revenues as of March 2024 were boosted by 44 percent to P182.5 billion due to the Palau Solar BESS...
As surging temperatures had unsparingly beaten down energy facilities in this year’s El Niño stricken summer months, the Energy Regulatory Commission (ERC) indicated that ‘heat wave’ will be added as metrics in determining the reliability indices for power facilities, primarily the electric...
The Philippine Nuclear Research Institute (PNRI), on Tuesday, May 7, said nuclear energy sources can help prevent energy shortages in the Philippines due to its "capacity factor" and "energy density." Photo from Pixabay In a PTV interview, PNRI Executive Director Carlo Arcilla said nuclear power...
Propelled by energy sales that have been escalating beyond 10% within the stretch of the sweltering El Niño weather condition, power utility giant Manila Electric Company (Meralco) is favorably looking to end the year with core income jump to P40 billion from P37.1 billion in 2023. The company’s...
San Juan started as a small village and eventually gained recognition as a first-class municipality in 2005. While the town is well-known for its coastal gems, ancestral houses, and festivities behind the Lambayok trio, it once faced what could’ve plagued its rich biodiversity. Ciara...
Amid soar in weather temperatures, demand for electricity in the country had reached its boiling point this week, as the highest demand of 14,016 megawatts on Wednesday (April 24) breached the peak demand projection of the Department of Energy (DOE) for this year. And while the country’s power...
While Filipinos are being crippled by the stifling heat of summer, parts of Luzon grid descended into unwanted brownouts or services interruptions due to the prolonged forced outages of power plants and aggravated by the tripping of one major transmission line on Tuesday. In the franchise area of...
The Philippine subsidiary of Japanese electronic giant Murata Inc. has renewed its power supply agreement (PSA) with Lopez-led First Gen Corporation for the provision of electricity services at its manufacturing facility in Batangas. First Gen emphasized that the supply to be delivered to...
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,...
TGIF is not something that electricity consumers in the Luzon grid can happily look forward to, as they will have to close the week agonizing over new threats of rotational blackouts with Luzon grid being placed on ‘red alert’ for the third time this week. On Friday morning, system operator...
Power supply in the Luzon system is still at its ‘fragile state’, prompting system operator National Grid Corporation of the Philippines (NGCP) to declare fresh wave of ‘yellow alert’ condition in the grid on Wednesday (April 17) as 18 electric generating units are still on forced outages....
