The Wind Energy Developers Association of the Philippines Inc. (WEDAP) has expressed optimism over the Energy Regulatory Commission’s approval of an initial P11 per kilowatt-hour (kWh) tariff for offshore wind (OSW) projects.
The Energy Regulatory Commission (ERC) has raised the Green Energy Auction Reserve (GEAR) price for offshore wind projects to P11 per kilowatt-hour (kWh) under the fifth round of the government’s Green Energy Auction (GEA-5) program.
Fuel prices are set to rise again this week, adding pressure on businesses and households already coping with steady increases since the start of the year.
MPower, the retail electricity supplier of Manila Electric Company (Meralco), has expanded its partnership with Mr. Freeze Tube Ice Inc. by enrolling four more ice plants under the Retail Aggregation Program (RAP).
Eastern Communications Philippines, Inc. has signed a power supply agreement with First Gen Corporation to run its headquarters and technical operations centers on renewable energy.