In the bid of President Marcos for secure and reliable power supply in the country as he declared in his State of the Nation Address (SONA), leading player Aboitiz Power Corporation forthrightly stated that it will opt for a mix of conventional generating assets, renewable energy (RE) and the...
President Marcos assured on Monday, July 22, that the country’s energy and internet connectivity capacities are being upgraded to be at par with the Philippines’ economic progress and aspirations. President Ferdinand 'Bongbong' Marcos Jr. delivers his third State of the Nation Address (SONA) on...
Lights on? or lights off? That’s not one of the typical ‘fast talk’ questions being thrown by a country’s well-known television host, rather, that is a state of the country’s power supply that primarily distressed Filipino consumers in this year’s summer months. In the third State of...
Power utility giant Manila Electric Company (Meralco) has secured three contracts for a total of 500-megawatt capacity that will satiate its requirements for renewable energy (RE) supply portfolio as prescribed under the government-enforced Renewable Portfolio Standards. The tariffs cornered by the...
The commercial operations of the P7.0 billion Palayan binary geothermal power project of Energy Development Corporation (EDC) will partly quench the energy thirst of the Luzon grid, as this will add up 28.9 megawatts into the system. The facility serves as an expansion of its 140MW Bacon-Manito...
At least eight companies are eyeing to corner the 600-megawatt capacity that is slated for auction by power utility giant Manila Electric Company (Meralco) to beef up its supply portfolio starting August next year. In a pre-bid conference on Thursday (July 4), the Filipino-owned companies which...
The renewable energy (RE) solutions arm of Ayala-led ACEN Corporation has cornered a power supply deal to provide RE-generated power to manufacturing firm Valerie Products Manufacturing Inc. (VSO), which produces automotive and appliance parts. According to the Ayala firm, ACEN Renewable Energy...
CEBU CITY – Sufficient power must be ensured in a place with a fast-rising economy like Metro Cebu. RONALDO Ramos, chief operating officer for operated assets of the AboitizPower Thermal Business Group, speaks during the Good Design, Good Business Summit of the Cebu Business Months 2024 on...
BACOLOD CITY – The Energy Regulatory Commission (ERC) has approved the power supply agreement (PSA) between the Central Negros Electric Cooperative (Ceneco) and the Energy Development Corp. (EDC) in a bid to stop increasing electricity rates affecting the province of Negros Occidental. In a...
It will be a tightrope walk for sponsors of new power projects, as three new major stumbling blocks are assessed as deterring factor to capital flow for much-needed electric capacity additions in the country. From the lens of the American Chamber of Commerce of the Philippines (AmCham), Energy...
A subsidiary of Razon-led Prime Infrastructure Capital Inc. is joining the league of players that are out to dismantle the incumbency and dominance of franchised power utilities, as it also secured a license to offer supply and service as a retail electricity supplier (RES) in the restructured...
While most consumers expected radical spike in electricity rates, power utility giant Manila Electric Company (Meralco) had announced a rather moderate hike of P0.4621 per kilowatt hour (kWh) in its overall pass-on tariff that will be reflected in the bills of consumers this May. For residential...
