The six-month suspension meted by the Office of the Ombudsman against the chairperson of the Energy Regulatory Commission (ERC) is seen delaying the approvals of pending power supply agreements (PSAs) as well as the reserve price-setting for the auction of renewable energy (RE) capacities that are...
ILOILO CITY — An additional 1,500 fish fingerlings were released recently in the Iloilo River by MORE Electric and Power Corp. (MORE Power). THE release of sea bass fingerlings in the Iloilo River was part of the corporate social responsibility program of MORE Power in Iloilo City....
Pangilinan-led Manila Electric Company is gaining a firmer control over SP New Energy Corporation (SPNEC) by raising its interest to 50.5 percent with the acquisition of an additional stake worth P7.5 billion from its founder Leandro Leviste. Meralco PowerGen Corporation (MGen) is buying another...
The Energy Regulatory Commission (ERC) has reaffirmed that the distribution utilities (DUs) can already implement tariff pass-on for capacities procured via emergency power supply agreements (EPSAs) even without securing provisional regulatory approval. In an advisory issued by the ERC, it...
Foreign investments in the sectors of infrastructure and public services will greatly benefit Philippine tourism, enabling the country to capture a larger market of foreign tourists that are all flocking to the country's Southeast Asian neighbors. Senator Juan Miguel "Migz" Zubiri (Senate PRIB...
While it is manifestly the major game in town for both local and foreign investors, Aboitiz Power Corporation is still seeing treacherous terrain when it comes to capital influx in the renewable energy (RE) sector. In his presentation at the Smart Forum 2024 convened by the European Chamber of...
Giant players in the domestic power industry will gear up for a new round of battle for their offers in the 400-megawatt capacity procurement of Manila Electric Company (Meralco) that will satiate mid-merit capacity in its supply portfolio. Listed as prospective bidders in Meralco’s competitive...
The price offers from the coal plants of San Miguel Corporation and Aboitiz Power Corporation have been declared as best ‘lowest bids’ and prospective winners in the 600-megawatt supply procurement of power utility giant Manila Electric Company. The lowest acceptable price tenders in the...
Ahead of the global premiere of the highly anticipated season 2 of “The Lord of The Rings: The Rings of Power” on Prime Video, the cast and creators of the series visited Singapore for a special Asia Pacific screening. “The Lord of The Rings: The Rings of Power” (Prime Video)...
BACOLOD CITY – The Negros Electric Power Corp. (NEPC/Negros Power) restored power to more than 40,000 consumers here on Monday, August 26, five days after a series of power outages triggered by the shutdown of the Alijis substation on Wednesday, August 21. ROEL Castro (left), president and chief...
Power utility giant Manila Electric Company (Meralco) is ramping up its investment on enhancing the professional skills of prospective workers in the resuscitated nuclear power industry of the Philippines through the new scholarship deals it inked with Canadian and American universities. The...
BACOLOD CITY – A 10 MegaVolt Ampere (MVA) mobile substation from Iloilo City has been deployed to this city to augment the load requirements of the damaged Alijis substation. MORE Power has deployed a 10 MegaVolt Ampere (MVA) mobile substation from Iloilo City to Bacolod City on Saturday,...
