power

DOE seeks ADB loan to de-risk geothermal

The government expects to secure a loan from the Asian Development Bank (ADB) this year…

Basic Energy takes step closer to building P5-B wind park

Basic Energy Corp. and Japan-based Renova Inc. intend to finalize within this month a partnership…

Alsons scales up renewable energy portfolio

Alsons Power Group of the Alcantara Group is expanding its renewable energy portfolio this year…

NEA, DOE to install solar power at far-flung schools

The National Electrification Administration (NEA) and the Department of Energy (DOE) have partnered to provide…

Laguna hydro power plants up for outright sale

The Power Sector Assets and Liabilities Management Corp. (Psalm) has decided on a full privatization…

Electricity cheaper in cool January

Lower demand amid cooler weather conditions pulled down electricity spot market prices by 14.3 percent…

Cooperatives decry Davao Light expansion

The Philippine Rural Electric Cooperatives Association Inc. (Philreca) “strongly condemns” the aggressive push for a…

3 tycoons’ Batangas LNG venture all set

Power firms of tycoons Ramon Ang, Manuel V. Pangilinan and Sabin Aboitiz announced the completion…

Sri Lanka revokes power purchase deal with India’s Adani

COLOMBO — Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group…

Power co-ops borrowed P1.8B to improve services

About 36 electric cooperatives (ECs) nationwide secured a total of P1.8 billion in loans in…