The Energy Development Corp. (EDC) is set to begin the phased decommissioning of its 129-megawatt (MW) Upper Mahiao geothermal power plant in Leyte, citing the facility’s declining technical viability and end of economic life.
Local renewable energy firm NexGen Energy Corp., through its unit 5hour Peak Energy Corp., has secured a certificate of authority (COA) from the Department of Energy to pursue a floating solar power project in Caliraya Lake, Laguna.
The Energy Regulatory Commission (ERC) has eased the public listing requirements for power generation companies and electric distributors, streamlining compliance with a key provision of the Electric Power Industry Reform Act (EPIRA).
SPC Power Corp. unit SPC Island Power Corp. (SIPC), has signed contracts to develop battery energy storage systems (BESS) in Panay and Bohol with a combined capacity of 160 megawatt-hours (MWh).