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Philippines
Saturday, December 21, 2024

Alena Mae S. Flores

NKS Solar spending $100m on first phase of floating solar plant

NKS Solar One, a joint venture between Blueleaf Energy Philippines and NKS Energy Utilities, is looking at capital expenditure of $100 million for the...

Adequate power supply expected in 2025

The Independent Electricity Market Operator of the Philippines (IEMOP) expressed confidence there would be no red and yellow alerts in the power grid next...

ERC denies petition of SMC unit, Meralco for supply deal

The Energy Regulatory Commission (ERC) said Tuesday it denied the application of power retailer Manila Electric Co. (Meralco) and Masinloc Power Co. Ltd. (MPCL),...

Spot market power prices decline on softer demand, cooler weather

The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) declined in...

ACEN aims to complete 1.2 GW of renewable energy projects by end-2025

ACEN Corp., the power arm of the Ayala group, expects to complete 1.2 gigawatts (GW) of renewable capacity by the end of 2025, a...

DOE pushes clean energy transition

The Department of Energy challenged developers and financiers to design long-term financing mechanisms for high-capital-expenditure power projects. It said this would support the continued growth...

PH makes strides toward recharging nuclear program

“The Philippines Nuclear Energy Roadmap aiming for commercially operational nuclear power plants by 2032, initially at 1,200 MW and increasing to 4,800 MW by...

Meralco eyes P70-b capex for infra repair, smart meters

Power retailer Manila Electric Co. (Meralco) is looking at total capital expenditure of P70 billion for infrastructure hardening and smart meters over the next...

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