DAVAO CITY — The development of traditional and renewable sources of energy are at the top of the list of 2015 priority projects for the Regional Development Council (RDC) XI, which is hoping to ensure that the region sustains the growth it achieved last year.
THE NATIONAL Grid Corporation of the Philippines (NGCP) has secured regulatory approval to invest P2.31 billion for a transmission project that will connect a new 600-megawatt (MW) coal-fired power plant in Davao del Sur.
A two-hour power interruption may occur in parts of Lanao del Norte province on Feb. 13, Friday, the National Grid Corp. of the Philippines said.
SAN FRANCISCO – Apple Inc will buy about $850 million of power from a new California solar farm to cut its energy bill, the iPhone maker said on Tuesday as its stock market value closed above $700 billion for the first time.
MANILA – Energy World Corp Ltd expects to start generating 200 megawatts from its newly built LNG-fired power plant in the Philippines by the second quarter, its top official said, a key milestone in opening up the country’s market to liquefied natural gas imports.
The P2.31 billion Malita-Matanao 230 kilovolt (kV) transmission project of the National Grid Corporation of the Philippines (NGCP) that shall underpin the wheeling of capacity of the 600-megawatt San Miguel Consolidated Power Corporation’s (SMCPC) coal-fired plant has been granted regulatory approval.
A penalty amounting to P234.9 million was imposed by the board of the operator of the Wholesale Electricity Spot Market (WESM) against the Therma Mobile Inc. (TMO) facility of the Aboitiz group – although, this was vehemently denied by the power generator.
The government may give in to increased solar installations that may reach as high as 500 megawatts, but the corresponding feed-in-tariff (FIT) to that second phase will likely be considerably lower.
The Energy Regulatory Commission approved the P2.3-billion Malita-Matanao 230-kilovolt transmission line project of National Grid Corporation of the Philippines.
Philippine Electricity Market Corp., operator of the Wholesale Electricity Spot Market, imposed a P234.9-million fine against Therma Mobile Inc., a unit of Aboitiz Power Corp., for alleged violations of the ‘must-run’ and ‘must offer’ rules when it withheld capacity from its power barges.
After logging more than one million safe man-hours or “zero accidents” since the start of construction, the Balingasag Thermal Power Plant of Minergy Coal Corporation (Minergy Coal) in Misamis Oriental is now 42.1 percent complete and set for its targeted inauguration in 2017.
MANILA, Philippines – Therma Mobile Inc. (TMO), a subsidiary of AboitizPower, the power generation arm of the Aboitiz Group, is debunking the findings of market operator Philippine Electricity Market Corp. (PEMC) on the company’s power dispatch.