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Brix Lelis
Brix Lelis
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NGCP seeks recovery of P87.7 billion in project costs
by Brix Lelis - June 27, 2024 - 12:00am
The National Grid Corp. of the Philippines wants to collect around P87.7 billion in overdue recoveries from two big-ticket projects completed this year.
No more power alerts expected for rest of 2024
by Brix Lelis - June 27, 2024 - 12:00am
With the onset of the rainy season, the National Grid Corp. of the Philippines sees no need to raise yellow and red alerts in the country’s power grids for the remaining months of the year.
Meralco draws 8 bidders for 600-MW baseload supply
by Brix Lelis - June 26, 2024 - 12:00am
Eight companies have expressed interest in the 15-year power supply agreement for Manila Electric Co.’s 600 megawatts of baseload supply.
Greenergy caps investment in RE unit after SEC nod
by Brix Lelis - June 26, 2024 - 12:00am
Listed Greenergy Holdings Inc. has completed its P480-million investment into subsidiary Winsun Green Ventures Inc. following regulatory approval on the latter’s capital stock hike.
ACEN spends P1.2 billion for Zambales solar venture
by Brix Lelis - June 26, 2024 - 12:00am
ACEN Corp. is spending the remaining proceeds of a preferred share offering to power the development of eligible green projects in Central L
Shell sees robust volume for bitumen business
by Brix Lelis - June 25, 2024 - 12:00am
Shell Pilipinas Corp. wants to retain market dominance in the bitumen business as it expects to end the year with double-digit growth in sales volume.
DOE wants bigger budget for 2025
by Brix Lelis - June 25, 2024 - 12:00am
The Department of Energy hopes to secure a bigger budget allocation for next year to advance its electrification program and policy studies, Energy Secretary Raphael Lotilla said.
NGCP: Hermosa-San Jose line now fully energized
by Brix Lelis - June 25, 2024 - 12:00am
The National Grid Corp. of the Philippines has fully activated the Hermosa-San Jose transmission line but hopes to recover the remaining project costs following its completion last Sunday.
Hefty oil price hikes await motorists
by Brix Lelis - June 25, 2024 - 12:00am
Oil prices are set to climb by as much as P1.75 per liter today, amid persistent tensions abroad and supply risks.
What climate change? Powered by AI, Pure Energy to take farming indoors
by Brix Lelis - June 23, 2024 - 12:00am
Renewable power firm Pure Energy Holdings Corp. is taking farming to the next level as it plans to harness the potential of artificial intelligence for climate-controlled indoor farms.
Vivant fuels growth with P30 billion investments
by Brix Lelis - June 22, 2024 - 12:00am
Listed conglomerate Vivant Corp. is looking at investing up to P30 billion to ignite the growth of its energy and water businesses in the long-term.
Filinvest unit’s P4.8 billion project gets green lane certificate
by Brix Lelis - June 22, 2024 - 12:00am
The Board of Investments (BOI) has granted a green lane certificate of endorsement to FDC Renewables Corp.’s Pampang hydroelectric power project, valued at around P4.8 billion.
Another round of oil price hikes next week
by Brix Lelis - June 22, 2024 - 12:00am
Another round of oil price hikes is projected for next week, with diesel expected to have the biggest adjustment.
‘Philippines coal supply enough until 2030’
by Brix Lelis - June 21, 2024 - 12:00am
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Raphael Lotilla said.
DOE braces for worst as La Niña looms
by Brix Lelis - June 21, 2024 - 12:00am
Energy Secretary Raphael Lotilla said his agency is already preparing for the potential impact of the La Niña weather disturbance on power lines due to the expected severe typhoons.
Indigenous gas seen as ‘bedrock’ for energy security
by Brix Lelis - June 21, 2024 - 12:00am
Developing indigenous gas facilities should be an integral component of the country’s policy to ensure energy security, a Prime Energy Resources Development official said.
Blueleaf Energy investing $1.5 billion for solar venture
by Brix Lelis - June 21, 2024 - 12:00am
Blueleaf Energy Philippines of the Macquarie Group is beefing up its portfolio with a $1.5-billion investment to build two floating solar projects with a combined capacity of 1.55 gigawatts, targeted to come online...
MORE Power cuts rates after ERC order
by Brix Lelis - June 20, 2024 - 12:00am
Residential customers served by Razon-led MORE Electric and Power Corp. can expect a decrease of P2.5514 per kilowatt-hour in their electricity bills this month.
Meralco launches bidding for 400-MW power supply
by Brix Lelis - June 19, 2024 - 12:00am
Power distributor giant Manila Electric Co. is seeking bidders for 400 megawatts of mid-merit power supply agreement to ensure uninterruptible services to customers.
‘Public, private alliance to boost LNG development’
by Brix Lelis - June 19, 2024 - 12:00am
Partnerships between the public and private sectors are needed to ensure energy security, particularly in the development of liquified natural gas, a Cabinet official said.
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