Power Philippines | News updates and features about the power …
News updates and features about the power and energy sector in the Philippines
Delays in transmission projects drive up electricity costs—TransCo
21 hours ago · The National Transmission Corporation (TransCo) stated that the National Grid Corporation of the Philippines (NGCP) has completed only 29% of its targeted projects—or 75 out of 258 planned initiatives—delays that have contributed to rising electricity costs and inefficiencies impacting millions of Filipino consumers.
News - Power Philippines
Vena Energy and MERALCO PowerGen Corporation’s renewable energy arm, MGen Renewable Energy, Inc. (MGreen), have finalized their financing agreements for the 550-megawatt (MW) Bugallon Solar..
January | 2025 | Power Philippines
Jan 2, 2025 · MPower, the retail electricity supply arm of Manila Electric Company (MERALCO), has inked a long-term contract with SM Retail, Inc. to provide 100% renewable energy..
Philippines power generation by 7,000 MW by 2025 as DOE …
Jan 13, 2025 · The Department of Energy (DOE) has identified around 7,000 megawatts (MW) of power projects slated for completion in 2025, a move that, once it comes to fruition, will enhance the country’s energy sustainability, meet rising electricity demand, and improve the reliability of the energy supply while minimizing environmental impacts.
Offshore wind projects set to boost clean energy and jobs …
1 day ago · The Philippine government is intensifying efforts to harness offshore wind (OSW) energy, aiming to provide Filipinos with cleaner, more reliable, and equitable access to electricity. In the Asia Business Law Journal, Former Department of Energy (DOE) Undersecretary Atty. Jay Layug explained that ...
December | 2024 | Power Philippines
Solis Philippines, a revolutionary in PV inverter manufacturing, held technical roadshows together with IAN Solar, exhibiting their top-of-the-line hybrid inverters such as the Solarator S6-EH3P(29.9-50)K-H..
DOE, UAE’s Masdar partner for 1GW of RE Projects
Jan 16, 2025 · The Department of Energy (DOE) and UAE-based renewable energy giant Masdar have signed a historic agreement to develop 1 gigawatt (GW) of renewable energy capacity in the Philippines by 2030, an initiative expected to attract an estimated investment of USD 15 billion. The Implementation Agreement ...
Alternergy secures financial advisors to support 500 MW RE …
2 days ago · Alternergy Holdings Corporation says that it has appointed two financial advisors to assist with its upcoming capital-raising initiative aimed at supporting the company’s goal of reaching 500 MW in renewable energy capacity. In a regulatory filing, Alternergy disclosed that financing firms ...
DOE eyes 3,309MW capacity boost in 2024 | Power Philippines
Feb 14, 2024 · The Department of Energy (DOE) anticipates a significant capacity addition of 3,309 megawatts in the country this year, including 334 megawatts from battery energy storage systems (BESS).