A narrowing of electricity reserves are to blame for the rotating power interruptions lasting 1.5 hours on Saturday within the Manila Electric Company (Meralco) franchise area.
Prime Infrastructure Capital Inc., already into ground-based solar power generation, is open to expanding the venture into floating solar technology since the Razon Group has assets using water bodies.
First Gen Corporation is increasing the country’s supply of electricity by bringing to commercial operation seven new power facilities with a total capacity of 83 megawatts (MW) by the end of the year.
A consortium of clean energy providers under the Maharlika Consortium have been contracted by the National Power Corp. (NPC) to put up microgrid systems in eight unserved areas in Cebu, Quezon and Palawan.
Clean energy developer Alternergy Holdings Corp. has secured a P2 billion green loan from BDO Unibank Inc. to fund further its pipeline of renewable energy projects.