Philippines

The price of solar electricity from renewable energy sources in the Philippines will remain double that of China’s despite a move to lower the Feed-in-Tariff.

President Benigno S. Aquino III was optimistic the Philippines will exploit more of its huge bioenergy potential.

For many people the word “Mindanao” conjures up pictures of beaches, terrorists, or more recently, terrible flooding and loss of life. With over a thousand people dead from Typhoon Sendong, it’s hard to believe there is good news in Mindanao. But for those interested in power generation, there is much more going on in this southern island of the Philippines.

Semirara Mining Corp has signed a seven-year deal to sell up to a 410-megawatt power capacity to Meralco.

Semirara Mining Corp signed a seven-year deal to sell up to a 410-megawatt power capacity to Meralco.

Meralco entered into power supply agreements with three major generating firms involving an initial total capacity of 1,720 megawatts. Meralco said it had signed an eight-year power supply deal with South Premier Power Corp for the full 1,180-MW net capacity of the Ilijan natural gas power plant in Batangas, south of Manila. It also sealed a seven-year power supply deal with a wholly owned unit of Semirara Mining Corp, the country's biggest coal producer, for an initial volume of 210 MW. The contracted volume under the deal with Semirara's SEM-Calaca Power Corp unit, which owns a 600-MW coal-fired thermal power plant in Batangas, will increase to 420 MW when another power plant unit begins commercial operation.

Thailand's Electricity Generating Pcl plans to more than double capacity at its Quezon power plant in the Philippines as part of a regional expansion.

A dam and a coal-fired power plant will be built in the Philippines with the assistance of South Korea.

The Philippines' Alsons Consolidated is looking to build 200 MW coal-fired power facilities in southern Mindanao and dealing for possible partnerships.

Several leaders from GE will participate in the conference program on smart grid and electric vehicle technologies.

Find out the reason behind why Filipinos pay as much as $0.17 per kilowatt-hour for electricity.

Meralco announced that its quarterly profit rose 24 percent on higher sales, prompting it to lift full year core profit guidance by 4 percent.

An industry player laments on Philippine government’s failure to deliver initiative.

It’s not really about subsidy, but financial assistance to the marginalized sector, says Philippine Energy Secretary Jose Almendras. 

Philippine power producer First Gen Corp is exploring all possible financing optionsto fund two hydro power projects worth about 8 billion pesos or $185 million. This include selling debt and equity.

San Miguel Corp will not pursue a $1 billion conversion of a 620-megawatt power plant it acquired in 2009 and is now looking to sell it.