The Department of Energy (DOE) and the British government have signed an agreement to strengthen cooperation on offshore wind and microgrid development in the Philippines.
The Manila Electric Company (Meralco) says it is fully prepared to respond to any electricity service issues over the holiday season. Crews and personnel will be on standby 24/7, including Christmas Day, to ensure reliable service for over 8 million customers.
The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 500-kilovolt substation project in Milaor, Camarines Sur, which will serve as a connection point for offshore wind power projects. The project costs P12.96 billion.
The Department of Energy (DOE) said a new debt restructuring agreement between Kaltimex Rural Energy Corp. and the Tawi-Tawi Electric Cooperative (Tawelco) is expected to address around P400 million in unpaid obligations and help stabilize electricity service in the province, particularly in Bongao.