Below-capacity water levels at hydroelectric facilities in the Luzon grid has increased the likelihood of so-called yellow alerts being issued in the hot months ahead, the Department of Energy (DOE) said.
The Department of Budget and Management (DBM) has approved the release of P1.295 billion to the Department of Education (DepEd) to cover the funding requirements of un-energized schools and upgrade the electrical systems in on-grid schools nationwide.
Citicore Renewable Energy Corp. (CREC) is keen on completing its 240-megawatt solar power project in Binalonan, Pangasinan following a ceremonial groundbreaking on Wednesday.
None of the large power generation companies have breached the government-set limits on the capacity and market share of each one to ensure against dominance by any of the existing players, the Energy Regulatory Board (ERC) reported on Wednesday.
Manila Electric Co., the country’s largest power distributor, is looking to expand the area it serves and eventually boost earnings by forming joint ventures with electric cooperatives operating near its franchise area.