Retail electricity supplier (RES)Shell Energy Philippines, Inc. (SEPH) secured a 120-megawatt-peak (MWp) supply deal with Greenlight Renewables Holdings, Inc. to boost its renewable energy (RE) source for commercial and industrial customers.
MANILA, Philippines — Ayala-led ACEN Corp. has secured a key offtake agreement for a portion of the clean electricity generated by its fully operational 520-megawatt Stubbo Solar in Australia.
MANILA – Heavy rains during the third quarter of the year helped lift revenues of publicly-listed run-of-river hydropower developer Repower Energy Development Corp. (REDC) to PHP526.7 million, the company announced Wednesday.
The Department of Energy (DOE) said the agency is actively terminating sluggish renewable energy (RE) contracts to free up space and attract new investments.
POWER PRODUCER First Gen Corp. posted a nine-month attributable net income of $215.4 million, up 4% from the same period last year, as higher contributions from its hydropower portfolio offset declines in natural gas and geothermal earnings.
GLOBE TELECOM, INC. said it has transitioned 171 of its sites to renewable energy (RE), up from 29 last year, as part of its net-zero strategy.
TYPICAL HOUSEHOLDS in areas served by Manila Electric Co. (Meralco) will see an increase in their electricity bills this month, mainly due to higher pass-through charges.
THE wire and cable industry, which has had to weather a slowdown in construction, volatile raw material prices, and competition from imports, could be propped up by growing demand from the power sector due to grid expansion and electrification, American Wire and Cable Co., Inc. (AmWire) said.
Manila Electric Company (Meralco) said Monday the number of customers affected by power outages due to Super Typhoon Uwan has dropped to 197,000 as of 10 a.m. Monday from over 400,000 reported at midnight.
The number of households without electricity has increased to 4.7 million as of Monday morning, the National Electrification Administration (NEA) said.