The Department of Energy (DOE) will be issuing a circular to outline the audit parameters on the performance of system operator National Grid Corporation of the Philippines (NGCP) as a concessionaire of the country’s power transmission network. On the sidelines of the ongoing Philippine Onshore...
The Department of Energy (DOE) indicated that it will soon issue policy and administrative frameworks that will guide investors into navigating the tumultuous and rough waters of offshore wind (OSW) investments following strong interests for gigawatt-scale projects in the country. “We are working...
Ayala-led ACEN Corporation has secured government approval to ramp up its energy storage venture as a technology coupling to its 720-megawatt(ac) New England solar farm venture in Australia. In a statement to the media, ACEN Australia said that state-government of New South Wales (NSW) gave a...
ILOILO CITY – The Razon-owned MORE Electric and Power Corp. (MORE Power) has started refunding bill deposits of good-paying customers since it took over as the sole power distributor here in 2020. MORE Power President and CEO Roel Castro and Commissioner Alexis Lumbatan of the Energy Regulatory...
Garcia-led Vivant Energy, a wholly-owned subsidiary of publicly listed Vivant Corporation, has announced plans to acquire the shareholdings of its partner Gigawatt Power Inc. in corporate units that provide electricity in off-grid areas. As emphasized, Gigawatt Power Inc. has 50-percent equity in...
Madrid-headquartered Bluefloat Energy announced plans for gigantic 7.6-gigawatt (7,600 megawatts) offshore wind power projects in the Philippines, the biggest in its portfolio, with a target to bring the initial development onto commercial operation by the turn of the decade. In a briefing with...
Tiu-led Repower Energy Development Corporation (REDC), a subsidiary of Pure Energy Holdings Corporation, has inked memorandum of agreement (MOA) with Austrian firm Gugler Water Turbines GMBH (“Gugler”) for targeted 320-megawatt seawater pumped storage hydro projects in the Philippines. REDC said...
The Energy Regulatory Commission (ERC) has issued show-cause orders (SCOs) to 25 electric cooperatives and three private distribution utilities (DUs), mandating them to explain why they failed to justify pass-through fuel costs that they have reflected in the electricity bills of their customers....
Concessionaire-firm National Grid Corporation of the Philippines (NGCP) claimed that its overall performance has improved, compared to the time when the transmission system was still operated by the government. In a statement to the media, NGCP said, its “overall performance in operating the grid...
The supply of electricity in at least four provinces in Northern Luzon was cutoff due to strong rains and howling winds brought by typhoon “Betty”, authorities bared Tuesday, May 30. *(Courtesy of Philippine Atmospheric, Geophysical and Astronomical Services Administration) * In its latest...
System operator National Grid Corporation of the Philippines (NGCP) was able to free up stranded capacity in the northern corridor of the Luzon grid, following the energization of its 500-kilovolt (kV) Hermosa-San Jose transmission line project in Bataan. That project, which commanded investment of...
Fresh River Lakes Corp. (FRLC), a subsidiary of Lopez-led First Gen Corporation, has already been served with the "notice of award" on its winning bid for the 165-megawatt Casecnan hydropower facility in Nueva Ecija. In a disclosure to the Philippine Stock Exchange (PSE), the company stipulated that...
