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SEC streamlines capital raising for power firms
he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»
Why planned power boost to Cebu Island welcomed and needed
MANDAUE CITY, Cebu — A business leader in Cebu’s industrial and logistics hub welcomes a firm’s plan to give the island a power boost with its planned expansion and construction of its power facilities. Mark Ynoc, incoming president of the Mandaue Chamber of Commerce and Industry (MCCI), told CDN Digital in a message, why the.....»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages
Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»
Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
DOE eyes AI use in power sector
The Department of Energy is looking at the use of artificial intelligence to help bolster the power sector’s capabilities in resolving and preventing problems such as power plant outages......»»
Power rates expected to rise because of El Niño
DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»
NGCP not solely to blame for Panay blackout – Chiz
The National Grid Corp. of the Philippines is not solely to blame for the Panay power outage, Sen. Francis Escudero said, adding that power plants also failed in ensuring the island’s power supply......»»
Data centers urged to cut power consumption
Energy management and digital automation firm Schneider Electric is urging Philippine data centers to use the “green approach” as part of smart and sustainable solutions to lessen energy consumption......»»
Cloudseeding operations expected to induce more rains this week
Cloudseeding operations expected to induce more rains this week.....»»
Ingrid Power to cease operations
Ingrid Power Holdings Inc, a 150-megawatt high-speed diesel plant in Pililla, Rizal, is set to cease operations at the end of May......»»
PRO-Western Visayas nets P1.2M shabu, arrests 15 in day-long operations
PRO-Western Visayas nets P1.2M shabu, arrests 15 in day-long operations.....»»
PDEA 3 nabs 9 in 2 operations
PDEA 3 nabs 9 in 2 operations.....»»
P16 million shabu, over 300 persons nabbed in simultaneous police operations in Central Visayas
P16 million shabu, over 300 persons nabbed in simultaneous police operations in Central Visayas.....»»
51 nabbed in 2-day drug operations
Fifty-one people were arrested and nearly P86 million worth of illegal drugs were confiscated in Metro Manila during anti-narcotics operations conducted by the National Capital Region Police Office over two days......»»
Cerberus, HD Hyundai to kickstart Subic operations in 12-18 months
South Korean shipbuilder HD Hyundai is expected to start manufacturing operations in Subic Bay within the next 12 to 18 months, with an initial focus on offshore wind platforms......»»
PRO-Western Visayas nets P5.1 million worth of shabu in 24-hour anti-drug operations
PRO-Western Visayas nets P5.1 million worth of shabu in 24-hour anti-drug operations.....»»
P748K worth of shabu seized in 2 operations in Bangsamoro provinces
Anti-narcotics agents seized P748,000 worth of shabu from two dealers, one of them reportedly connected to two local terrorist groups, entrapped in separate operations in two Bangsamoro provinces on Friday......»»
Philex to fast–track Silangan mine operations
Pangilinan-led Philex Mining Corp is exploring all possible logistical options to fast-track the commercial operations of its Silangan gold and copper mine ahead of the fourth quarter 2025 target......»»