Energy
ERC grants Meralco provisional authority for P19.95-B refund scheme
The Energy Regulatory Commission (ERC) has granted Manila Electric Co. (Meralco) provisional authority to implement a refund scheme amounting to P19.95 billion, covering an over-recovery of rates from 1 July 2022, to 31 December 2024. The scheme will be executed over 36 months, with refunds starting in the next billing cycle.
NPC seeks bids for renewable energy suppliers for diesel hybridization
The National Power Corporation (NPC) is set to open bids next week for the supply and delivery of renewable energy (RE) to hybridize its existing diesel power plants in four provinces, with a total approved budget of P3.42 billion.
DOE pilots energy ordinance template in Iloilo
The Department of Energy (DOE) has announced the crafting of a standardized energy infrastructure ordinance template being piloted in Iloilo province. The initiative aims to create a uniform framework that streamlines approval procedures, reduce delays, and ensure a transparent, consistent regulatory approach across local government units (LGUs).
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.
