By Alena Mae S. Flores – November 13, 2017 at 07:57 am from manilastandard.net San Bernardino Ocean Power Corp., a joint venture between local company H&WB Asia Pacific (Pte. Ltd.) Corp. and Sabella SAS of France, expressed optimism that it will launch the country’s first tidal project in San Bernardino Strait following the successful public consultation in October. SBOPC is a special purpose company that explores and develops the Philippines’ vast ocean energy resource, deploying tidal in-stream energy conversion, or […]

By Alena Mae S. Flores – November 16, 2017 at 07:40 pm From manilastandard.net San Miguel Corp. said unit South Premiere Power Corp. paid state-owned Power Sector Assets and Liabilities Management Corp. a total of $4.8 billion in various fees as of October as the administrator of the 1,200-megawatt Ilijan power plant. San Miguel said it issued the statement to dispute PSALM’s allegation that it was not paying its obligations to the government. “This is clear proof that we religiously […]

By Alena Mae S. Flores – November 19, 2017 at 08:17 pm from manilastandard.net Aboitiz Power Corp. is expanding its hydro power generation portfolio around the Philippines, with new projects with a combined capacity of 97 megawatts in various stages of development. Aboitiz Power president and chief operating officer Antonio Moraza said in a statement the company’s expansion of renewable energy portfolio was in line with a balanced mix growth strategy. “We never stop looking for ways to maximize productions […]

By Lenie Lectura – November 20, 2017 from Business Mirror The Senate Committee on Energy is urging the Energy Regulatory Commission (ERC) and the Philippine Competition Commission (PCC) to clearly define their respective roles involving competition matters in the energy sector. Committee Chairman Sen. Sherwin T. Gatchalian said there has to be a clear delineation of powers between the two. The Electric Power Industry Reform Act (Epira), the lawmaker said, gives ERC the power to enforce safeguards and promulgate rules […]