The Power Sector Assets and Liabilities Management Corp. (PSALM) on Tuesday bared having attracted 14 bidders for the 165-megawatt Casecnan Hydroelectric power plant.
Supplying the so-called off-grid areas with electricity is proving problematic for the National Power Corporation (NPC) as it bared a budget shortfall P3.95 billion wide on Monday.
Raslag Corp., a Pampanga-based renewable energy corporation listed on the stock exchange, said Monday its board approved several contracts for the development of its fourth solar farm, the 35.2-megaWatt-peak Raslag 4.
The development of two liquified natural gas (LNG) import terminals are seen completed this year as scheduled, according to the Department of Energy (DOE).