Consunji-led Semirara Mining and Power Corporation (SMPC) has declared record-high special cash dividends of P14.88 billion, based on the approval granted by its board of directors on October 10 this year. The company noted that the special cash dividends will form part of the payout that it has...
Iloilo-based electric distribution utility, More Electric and Power Corp. (MORE Power), has formed a partnership with the World Surgical Foundation Phils. (WSFP) Inc. to address healthcare disparities in underserved areas. In a statement on Monday, Oct. 9, MORE Power said the collaboration aims to...
CAGAYAN DE ORO CITY – Many residents here expressed dismay on social media and slammed the main electricity provider in this city for a series of unscheduled power interruptions on Saturday, October 7. Service from the Cagayan Electric Power and Light Company Inc. (CEPALCO) in some parts of this...
The Department of Energy (DOE) is working on a policy that will underpin investments as well as the development of hydrogen technology for application across multiple industries in the country – primarily the need for retrofit of some power generating facilities as well as energy storage systems....
This early, the Department of Energy (DOE) is keeping consumers up to speed that the country’s transition to renewable energy (RE) will not only be a long journey, but there’s also high probability that it will add up costs into the electric bills of consumers. “Nobody is going to tell you...
Aboitiz Power Corporation is welcomed by Manila Bulletin as one of its major partners in the upcoming Manila Bulletin Sustainability Forum 2023. This move of one of the Philippine’s largest power producer reaffirms its staunch role in advancing sustainability related endeavors. The...
The Asian Development Bank (ADB) is currently undertaking studies on ‘de-risking strategy’ that can be employed in the planned development of the array of geothermal power development prospects in the country. According to Energy Undersecretary Rowena L. Guevara, the de-risking roadmap “will...
Investors from Denmark are eyeing to join the tender process for the propounded multi-billion power transmission projects that the government is targeting to offer via its Smart and Green Grid System (SGGS) development platform. According to Denmark Ambassador to the Philippines Franz-Michael...
ILOILO CITY – MORE Electric and Power Corp. (MORE Power), the sole power utility distributor in this city, has started random drug testing of its workers. “Considering that we are an electric utility, we want to make sure that our employees are drug-free, especially they go out on the field,”...
The recurrence of gas supply restriction from the Malampaya field has triggered another round of shutdown for the 414-megawatt San Gabriel power plant of First Gen Corporation, according to sources from the company. The gas being fed to the San Gabriel power plant of the Lopez group is drawn from...
Beyond the volume that shall be allocated for its domestic requirements, the government of Indonesia has assured continuous coal supply that can be utilized by the power plants in the country, according to Energy Secretary Raphael P.M. Lotilla. “Our bilateral with Indonesia is making sure that...
The targeted mandatory pie for power supply agreements (PSA) anchored on gas-fed power generating facilities will just be confined to gas volumes that will be extracted from the Malampaya field, according to a ranking Department of Energy (DOE) official. Energy Undersecretary Rowena L. Guevara...
