Energy & Mining

June WESM rates down 25 percent

The price of electricity sold at the Wholesale Electricity Spot Market (WESM) fell in June, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

Meralco’s 400-MW mid-merit CSP attracts six

Six generation companies are interested in supplying the Manila Electric Co. (Meralco) 400 megawatts of mid-merit power that the distributor requires by next year. This was three times more than it plans to acquire.  

Solar developer seeks connection to the Visayas grid via the Tabango substation

The San Isidro Solar Power Corp. (SISPC) is seeking Energy Regulatory Commission (ERC) approval to connect to the Visayas grid via the 230 kiloVolt Tabango substation in Leyte.

Net metering entities rise sharply over nine years – ERC

The number of businesses and households embracing the net metering program has improved tremendously to 13,189 qualified end-users as at end-May this year from only 200 in 2015, the Energy Regulatory Commission (ERC) said on Monday. 

Citicore, SMC Global in a 153.5MW solar farm joint venture

Citicore Renewable Energy Corp. said it formed a joint venture company with SMC Global Light and Power Corp. that will develop, construct, and operate a153.5 megaWatt solar power farm in Mariveles, Bataan.

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