As of Friday (July 4), the energy sector was buzzing with one juicy tidbit: OIC Sharon Garin 's appointment papers will reportedly make her ‘Acting’ Secretary. Naturally, the whole industry has raised eyebrows and asked in chorus: Wait, is the search for the next Energy Secretary still...
After the successful bidding to privatize the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants, the government and private-sector players may next look forward to another public-private partnership (PPP) in rehabilitating the decades-old Agus-Pulangi hydropower complex in Mindanao. Power...
ILOILO CITY – A recent surgical mission benefited 22 children from low-income families in the city and province of Iloilo. The World Surgical Foundation Philippines (WSFP) partnered with power distributor MORE Electric and Power Corp. (MORE Power) to bridge the gap of children from low-income...
Razon-led MORE Electric and Power Corporation (MORE Power) is raising the share of clean energy in its portfolio with the signing of a new Power Supply Agreement (PSA) that will add 6.6 megawatts (MW) to its Renewable Portfolio Standard (RPS) requirement. The agreement was signed between MORE Power...
The consortium led by the Aboitiz conglomerate emerged victorious on Friday, July 4, as it won the right to take over the 797-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants in Laguna—a prime Luzon energy asset—from the state-run Power Sector Asset and Liabilities...
Aboitiz Power Corp.’s (AboitizPower) renewable energy (RE) arm and Lopez-led First Gen Corp. (FGen) are bidding for the Caliraya-Botocan-Kalayaan Hydroelectric Power Plants (CBK HEPP), according to the state-run Power Sector Assets and Liabilities Management Corp. (PSALM). PSALM’s...
In a push to expand its renewable energy (RE) portfolio, Aboitiz Renewables Inc. (ARI), the RE unit of AboitizPower Corporation, plans to increase its solar capacity by the end of the year. In a briefing, Leo Lehbo Lungay, ARI solar and wind business group, vice president and general manager,...
The world’s multilateral development banks (MDBs) have reaffirmed their commitment to advancing key infrastructure projects, including the Association of Southeast Asian Nations (ASEAN) Power Grid, by streamlining co-financing processes and expanding tools like local currency lending and foreign...
When first introduced, solar seemed to spark suspicion, then interest. Using it for power, some feared having none at night, while others were reluctant to pay huge upfront costs for the panels. What more their maintenance, which looked technical and taxing? But burning coal has already...
A power bank exploded at the Roxas Airport in Capiz province on Tuesday, but no injury was reported, the Civil Aviation Authority of the Philippines (CAAP) said. The 72,000 milliampere-hour power bank was detected inside the baggage of a Manila-bound passenger during initial screening. It exceeded...
Consunji-led Semirara Mining and Power Corp. (SMPC) has filed a case against the Department of Finance (DOF), the Bureau of Internal Revenue (BIR), and the Bureau of Customs (BOC) over the imposition of taxes on its fuel imports. In a disclosure to the Philippine Stock Exchange on Wednesday, June...
ZAMBOANGA CITY – The National Power Corp. has ordered the disconnection of electricity to the province of Basilan on Monday, June 16, due to unpaid electric bills by the Basilan Electric Cooperative. The scheduled massive power interruption, however, did not push through after Basilan Rep. Mujiv...
