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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......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 3rd, 2024

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).....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

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).....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

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 […].....»»

Category: newsSource:  mindanewsRelated NewsJan 19th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Daet heat index expected to hit 46°C — PAGASA

According to the bureau’s latest heat index bulletin, nine areas in the Philippines are under the “danger” classification which indicates temperatures ranging from 42°C to 51°C......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Tuguegarao, Palawan init factor pumalo sa 43°C

Naitala ng Pagasa ang pinakamataas na heat index nitong Biyernes, Abril 5, sa Tuguegarao City, Cagayan at sa Aborlan, Palawan na umabot sa 43°C. The post Tuguegarao, Palawan init factor pumalo sa 43°C first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

LIST: Onsite classes na 'WalangPasok dahil sa tindi ng init ngayong April 5

SUSPENDIDO ang face-to-face classes sa ilang lugar ngayong araw, April 5, dahil sa napakainit na panahon. Ayon sa latest forecast ng Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), ang heat index ay posibleng umabot sa “dangerous category” sa ilang parte ng bansa. Paalala ng weather bureau, ang heat index na lagpas 42 degrees Celsius.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

NAIA, Palawan sapol ng `danger’ level sa init

Ayon sa Pagasa, ang temperatura na aabot sa 42 hanggang 51 degrees Celsius ay nasa ilalim ng kategoryang “danger” ng mga heat index. The post NAIA, Palawan sapol ng `danger’ level sa init first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

PAGASA: Heat index in 8 areas to reach danger levels

The heat index in eight areas in the country is forecast to reach dangerous levels today, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»

Category: newsSource:  philstarRelated NewsMar 30th, 2024

Heat index could hit danger level in 14 areas on Good Friday, PAGASA warns

In its 5 a.m. forecast on Thursday, the agency noted that certain areas could see a heat index soaring up to 44 degrees Celsius (°C)......»»

Category: newsSource:  philstarRelated NewsMar 29th, 2024

Hot, humid weather expected during Holy Week

Easterlies, or warm winds from the Pacific Ocean, will be the prevailing weather system affecting the country from March 25 to 31, according to PAGASA. .....»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Pagasa declares start of summer

The Philippine Atmospheric, Geophysical and Astronomical Services Administration yesterday officially declared the start of summer in the Philippines with the end of the northeast monsoon......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

PAGASA declares start of warm and dry season

The Philippine Atmospheric, Geophysical and Astronomical Services Administration on Friday declared the official termination of "Amihan" or the northeast monsoon season, marking the beginning of the warm and dry season in the country......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Amihan, easterlies to dampen parts of Philippines

State weather bureau PAGASA reported that the northeast monsoon or amihan will affect Northern and Central Luzon while the easterlies will prevail over the rest of the archipelago on Wednesday......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

PAGASA raises La Niña alert

Saying El Niño has shown signs of weakening, the Philippine Atmospheric, Geophysical and Astronomical Services Administration raised a La Niña watch yesterday......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024