THE Department of Energy (DOE) on Thursday said the extremely high temperatures have been affecting the operations of power plants as the red alert was once again raised for the third consecutive day in the Luzon grid.
The Energy Regulatory Commission (ERC) is set to investigate the cause of the simultaneous outage of power plants, having a combined capacity of 3,233.68 megawatts, which led to the red and yellow alerts on April 16.
THE MAIN ISLANDS of Luzon and the Visayas on Thursday experienced red and yellow alerts for a third day in a row as the operating margins remained insufficient to meet the grids’ regulating requirement.
19 Luzon power plants still operating under capacity President Ferdinand Marcos ordered the Department of Energy (DOE) to closely monitor the country’s power supply following the forced outage of 19 power plants in Luzon.
BASIC ENERGY Corp. has signed a joint venture (JV) agreement with Japanese company Renova, Inc. for the development of the 50-megawatt Mabini Wind Power Project in Batangas.
PetroGreen Energy Corp., a subsidiary of listed PetroEnergy Resources Corp. and its Chinese supplier Trina Solar, a global leader in smart photovoltaic and energy storage solutions, signed a master supply agreement (MSA) for 117 megawatts of high-performance PV solar modules.
A global report funded by the United States Trade and Development Agency (USTDA) and Tara Climate Foundation identified three high-potential offshore wind (OSW) development zones in the Philippines.
MANILA, Philippines — In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines (NGCP) and the European Chamber of Commerce of the Philippines (ECCP) have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in… ⇒
Probably a bigger reason why we find it difficult to attract FDIs is our expensive and unreliable power supply. This consideration has a direct and clear implication on the bottom line.
FINANCE Secretary Ralph G. Recto invited US investors to look into Philippine infrastructure and energy projects, as well as collaborate with the Maharlika sovereign wealth fund.
THE National Electrification Administration (NEA) said it lent P263.78 million in loans to 12 electric cooperatives in the first quarter of 2024.
ACEN Corp. and The Rockefeller Foundation said Wednesday the first Coal to Clean Credit Initiative (CCCI) pilot project could avoid up to 19 million tons of carbon dioxide (CO2) emissions.