Energy
Citicore seeks ERC approval for 50 MW solar project in Batangas
Citicore Renewable Energy Corp. (CREC) affiliate Citicore Solar Batangas 1 Inc. (CSBat 1) is seeking Energy Regulatory Commission (ERC) approval to connect its 50-megawatt (MW) solar power project to the national grid. The Tuy, Batangas facility is part of the Luntal Solar Power Project costing approximately P129.19 million to build.
Meralco subsidiary launches 52.8 MW solar project in Isabela
Meralco PowerGen Corp. renewable energy arm, MGEN Renewable Energy Inc. (MGreen), has successfully launched a 52.8-megawatt (MW) MGreen Cordon Solar power plant in Cordon, Isabela. This marks MGreen as one of the largest operational solar plants in the Cagayan Valley region under the Department of Energy's (DOE) second Green Energy Auction program.
Over 10,000 MW in RE investments at stake in GEA-4
The Department of Energy (DOE) on Wednesday released the terms of reference for the fourth round of the Green Energy Auction (GEA-4), offering up to 10,478 megawatts (MW) of renewable energy (RE) projects.
NGCP recalibrates power forecast as reserves deteriorate
The National Grid Corporation of the Philippines (NGCP) met with the Department of Energy (DOE) to recalibrate the supply-demand interplay following the early onset of yellow alerts in the system.
Meralco increases March electricity rates by P0.26 per kWh
The Manila Electric Company (Meralco) announced Tuesday a P0.2639 per kWh increase in electricity rates for March, raising the overall rate for typical households to P12.2901 per kWh from P12.0262 per kWh in February.
