Energy
NGCP warns of possible post-Lent outages given thinning power reserves
The National Grid Corporation of the Philippines (NGCP) appealed for policy makers quickly to adopt demand-side management strategies helping mitigate or avert power supply issues as the cool Christmas climes transition to the hot summer months up ahead.
Vince Perez unit secures additional wind energy service contract
The Pililla AVPC Corp. (PACO), subsidiary wind energy unit of Alternergy Holdings Corporation led by businessman Vince Perez, has exclusive rights to explore, develop and utilize wind resources in the Tablas Strait separating Oriental Mindoro and Antique.
DOE in awe of UK OSWs turning in profits on generation charge three times lower than Meralco’s, yet remaining viable
It is possible for domestic offshore wind projects (OSWs) to turn a profit and remain viable as a business by seeking significantly lower generation...
Suspended renewable energy tariff collection in place six more months
The Energy Regulatory Commission (ERC) has extended the suspension of the collection of feed-in-tariff allowance (FIT-All) for another six months starting March 2023 until August 2023.
PERC secures P1.8B funding for Aklan wind project expansion
Petro Energy Resources Corp. (PERC) subsidiary, Petro Wind Energy Inc. (PWEI) has taken out a P1.8 billion loan from the Development Bank of the Philippines (DBP) for the construction and development of the 13.2 megawatt MW Nabas-2 power project in Aklan.
