The Philodrill Corporation has applied for a new and significantly larger petroleum service contract covering the West Linapacan area offshore northwest Palawan, following the expiration of its existing Service Contract (SC) No....
In photo: THE KALAYAAN PUMP STORAGE POWER PLANT (KPSPP) /CBKPower.com Aboitiz Power Corp. has disclosed today that the Thunder Consortium—led by its renewable energy arm—has secured up to PHP 70 billion in...
In photo: The 40 MWdc Limbauan Solar Power Project 69 kV switchyardThe 40-megawatt Limbauan solar power facility in San Pablo, Isabela, has started feeding electricity into the Luzon grid, PetroGreen Energy Corporation...
Electricity price controls in the power spot market will now activate at higher levels after the Energy Regulatory Commission (ERC) approved revisions to the rules governing the secondary price cap in the...
ACCIONA Energía has signed an engineering, procurement, and construction (EPC) contract with Power Construction Corporation of China (POWERCHINA) for its 180-megawatt peak (MWp) Daanbantayan solar project in northern Cebu, marking a major...
The Department of Energy (DOE) and the Land Bank of the Philippines (LANDBANK) have formalized a partnership to operationalize the Philippine Geothermal Resource De-Risking Facility (PGRDF). Supported by the Asian Development Bank...
After years of stalled reviews, the Energy Regulatory Commission (ERC) is moving to reset the process for determining distribution rates of privately owned utilities by requiring them to account for periods when...
Premiere Island Power REIT Corp. (PREIT) has outlined a three-year investment strategy to expand and diversify its portfolio of power and energy-related infrastructure assets, reinforcing its role as a long-term platform for...
Alternergy Holdings Corporation has secured a key regulatory milestone for its Green Energy Auction 4 (GEA-4) portfolio, after the National Grid Corporation of the Philippines (NGCP) approved the System Impact Study (SIS)...
The Energy Regulatory Commission (ERC) has approved a new Feed-in Tariff (FIT) rate of PHP 6.9282 per kilowatt-hour (kWh) for the fourth round of run-of-river (ROR) hydropower projects, valid until December 31,...
