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A different kind of power play

The Manila Electric Co. on Friday announced the increase on electricity rates effective this month due to the rise in the cost of power it sourced from the Wholesale Electricity Spot Market......»»

Source: Philstar PhilstarCategory: News3 hr. 25 min. ago Related News

SC awards P1 billion to Philippines vs Disini over BNPP

The Supreme Court yesterday ordered the late Herminio Disini, an associate of the late dictator Ferdinand Marcos, to pay the government P1 billion in temperate damage and P1 million in exemplary damages for his role in the awarding of the $2.2-billion Bataan Nuclear Power Plant project to Westinghouse Electric Corp......»»

Source: Philstar PhilstarCategory: News7 hr. 5 min. ago Related News

Filinvest Group to develop solar farms

The Filinvest Group is developing various renewable energy projects, starting with 56 megawatts of solar farms......»»

Source: Philstar PhilstarCategory: News11 hr. 5 min. ago Related News

Marcos crony told to pay over role in mothballed Bataan Nuclear Power Plant

The Supreme Court said Herminio Disini was liable for exerting "undue influence" in the power plant's construction by taking advantage of his close association Marcos......»»

Source: Philstar PhilstarCategory: News19 hr. 55 min. ago Related News

House leader thrashes bid to scrap share-listing rules

Surigao del Sur Rep. Johnny Pimentel on Sunday rejected calls for the scrapping of the statutory requirement for new power generation companies to conduct an initial public offering (IPO) of at least 15 percent of their common shares and list on the Philippine Stock Exchange......»»

Source: Thestandard ThestandardCategory: NewsJun 13th, 2021Related News

Aboitiz-Ayala coal venture starts operations in August

GNPower Dinginin Ltd. Co., an Aboitiz-controlled firm with Ayala’s power unit as partner, is working to restart commissioning and commercial operations of its 668-megawatt Unit 1 coal-fired plant to augment the capacity of its Luzon grid......»»

Source: Philstar PhilstarCategory: FinanceJun 13th, 2021Related News

Napocor powers up Kalayaan Island

State-run National Power Corp. powered up Pag-asa, Kalayaan Island yesterday......»»

Source: Philstar PhilstarCategory: FinanceJun 13th, 2021Related News

Independence Day: Groups protest Duterte s surrender of West Philippine Sea to China

Several groups on Independence Day, Saturday, trooped to the Chinese embassy to protest the regional power's continued incursions in the West Philippine Sea and what they described as President Rodrigo Duterte's failure to protect the country's sovereignty in the area. .....»»

Source: Philstar PhilstarCategory: NewsJun 12th, 2021Related News

Pagasa, Kalayaan isles get power

Today, state-owned National Power Corporation (Napocor) will switch on its 300kW power plant in Pag-asa Island, Kalayaan Island Group at the West Philippine Sea as the country celebrates its 123rd Independence Day......»»

Source: Thestandard ThestandardCategory: NewsJun 12th, 2021Related News

AC Energy capital hike secures SEC approval

The Securities and Exchange Commission has approved AC Energy Corp.’s plan to raise its authorized capital stock to P48.4 billion, allowing the Ayala Group to consolidate its local and international power assets under one roof......»»

Source: Philstar PhilstarCategory: FinanceJun 11th, 2021Related News

Higher generation charges slightly push up Meralco rates in June

Customers of Manila Electric Co. (Meralco) would see a “slight” increase in their power bills in June after the company paid more for electricity it distributed during the month......»»

Source: Philstar PhilstarCategory: FinanceJun 11th, 2021Related News

Schneider Electric Innovation Day 2021 delves into power of digitization

Global leader in digital transformation of energy management and automation Schneider Electric hosted its 2nd Annual Innovation Day, with the theme of Sustainable Digital Transformation. .....»»

Source: Thestandard ThestandardCategory: TechJun 11th, 2021Related News

Energy chief wants government control of Philippines power grids

Energy Secretary Alfonso Cusi wants the government to control the country’s power grid system, as he accused the private sector-led management of delaying projects meant to stop the perennial problem of energy insecurity in the Philippines......»»

Source: Philstar PhilstarCategory: FinanceJun 10th, 2021Related News

SMC Global raises $600 million from notes issuance

SMC Global Power Holdings Corp. has raised $600 million from the issuance of senior perpetual capital securities in Singapore......»»

Source: Philstar PhilstarCategory: FinanceJun 10th, 2021Related News

Cusi: Give nuke power a try

Energy Secretary Alfonso Cusi told Congress Thursday the government should be allowed to generate electricity from a nuclear power plant to augment the country’s supply of power......»»

Source: Thestandard ThestandardCategory: NewsJun 10th, 2021Related News

Making money out of power crisis

Is there a looming power supply crisis anew in the Philippines? The return of the rotating blackouts in the Luzon grid starting last May 31 raised this specter of power outages anew when consumers of the Manila Electric Co. suffered power interruptions......»»

Source: Philstar PhilstarCategory: NewsJun 10th, 2021Related News

Power of two: Catriona Gray, Nicole Cordoves host Binibining Pilipinas grand coronation

All roads lead to the prestigious 57th Binibining Pilipinas grand coronation night, finally unfolding at the Smart Araneta Coliseum on July 11 with thirty-four lovely, driven women competing for the right to represent the country on the international pageant stage. .....»»

Source: Abscbn AbscbnCategory: SportsJun 10th, 2021Related News

Duterte touts ‘win-win cooperation with China amid West Philippine Sea policy criticism

President Rodrigo Duterte celebrated the country's "win-win" relationship with China as one that will lead to "greater peace, progress, and prosperity," even as the regional power flouts protests from Manila and continues to deploy its ships to the West Philippine Sea. .....»»

Source: Philstar PhilstarCategory: NewsJun 9th, 2021Related News

Hot year for Brazil

Lula represents Brazil’s poorest people, those who feel that no one else in power cares about them......»»

Source: Philstar PhilstarCategory: NewsJun 9th, 2021Related News

PNOC selling banked gas of Malampaya

State-owned Philippine National Oil Co. signed an agreement over the possible sale of the Malampaya banked gas to the Power Sector Assets and Liabilities Management Corp......»»

Source: Thestandard ThestandardCategory: FinanceJun 9th, 2021Related News