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Brix Lelis
Brix Lelis
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DOE jacks up pumped-storage hydropower capacity for GEA-3
by Brix Lelis - January 2, 2025 - 12:00am
The Department of Energy has set a new installation target for pumped-storage hydropower, which will take center stage in the upcoming third round of the green energy auction.
Over 1,900 MW power projects expected in H1
by Brix Lelis - January 1, 2025 - 12:00am
The country’s power supply is expected to receive a significant boost from new projects with a combined capacity of 1,912.48 megawatts that are slated for the first half of 2025.
ACEN: Transition credits gaining momentum in Philippines
by Brix Lelis - December 31, 2024 - 12:00am
Ayala-led ACEN Corp. is upbeat on the country’s progress in using transition credits to reduce carbon emissions, but calls on the government to intensify efforts in establishing the necessary policies.
DTI: Political turmoil unlikely to affect Philippines-South Korea trade deal
by Brix Lelis - December 31, 2024 - 12:00am
The impeachment of South Korea’s president will not impact its free trade agreement with the Philippines that is set to take effect today, according to the Department of Trade and Industry.
Philippines likely to lower export targets
by Brix Lelis - December 31, 2024 - 12:00am
After setting ambitious export targets, the Philippines is seen backpedaling and revising its goals downward next year, possibly extending through the remainder of President Marcos’ term.
Pump prices down on New Year’s Eve
by Brix Lelis - December 31, 2024 - 12:00am
Fuel prices are poised to go down today, snapping five straight weeks of increase for gasoline and a two-week uptrend for diesel and kerosene.
Meralco’s 5RP begins in July – ERC
by Brix Lelis - December 30, 2024 - 12:00am
The Energy Regulatory Commission (ERC) has moved the start of Manila Electric Co. (Meralco)’s  fifth regulatory period (5RP) to July 2025, delaying it by six months from the earlier approved date.
Renewable energy dominates green lane-certified projects
by Brix Lelis - December 30, 2024 - 12:00am
The Board of Investments (BOI) has endorsed 176 projects worth P4.54 trillion for expedited licensing and permit processing, with renewable energy (RE) developments leading the way.
Equip Pinoys for AI disruption – IBPAP
by Brix Lelis - December 29, 2024 - 12:00am
The country should take proactive steps to prepare its workforce for the transformative challenges and opportunities brought about by artificial intelligence.
MBC calls for more transparency in 2025 budget
by Brix Lelis - December 29, 2024 - 12:00am
The Makati Business Club sounded the alarm on adjustments to be made in the bicameral-approved budget next year, calling for a “more transparent and accountable process” before its final passage.
ACEN extends payment deadline for P4.7 billion loan to Greencore
by Brix Lelis - December 28, 2024 - 12:00am
Ayala-led ACEN Corp. has extended anew the repayment deadline for its P4.7-billion loan to Greencore Power Solution 3, its joint venture with tycoon Edgar Saavedra’s Citicore Solar Energy Corp. (CSEC).
Meralco ready to respond this holiday
by Brix Lelis - December 28, 2024 - 12:00am
Power utility giant Manila Electric Co. (Meralco) has assured its eight million customers that it is ready to respond to any power outage or electrical issues that may arise as the country rings in the New Year...
Fuel price rollback expected in 2025
by Brix Lelis - December 28, 2024 - 12:00am
Following five straight weeks of increases, motorists can look forward to a fuel price rollback in the first week of 2025.
Nido Petroleum invests $18.4 million for Palawan project
by Brix Lelis - December 27, 2024 - 12:00am
Nido Petroleum Philippines Pty. Ltd. is spending $18.4 million for its planned oil and gas production project in Service Contract 54 in offshore northwest Palawan.
First Gen, FEU expand power supply agreement
by Brix Lelis - December 27, 2024 - 12:00am
First Gen Corp. of the Lopez Group has expanded its power supply deal with Far Eastern University to include the latter’s campuses in Manila and Muntinlupa.
GEA-3 still in limbo
by Brix Lelis - December 27, 2024 - 12:00am
The Energy Regulatory Commission has moved back the issuance of the ceiling price for run-of-river hydro, which will be included in the third round of the green energy auction program.
Meralco headed for banner year
by Brix Lelis - December 27, 2024 - 12:00am
Power distribution giant Manila Electric Co. is on track to close 2024 on a high note, with electricity sales growing beyond target, setting the stage for a promising year ahead.
12 projects eligible for CREATE MORE incentives – BOI
by Brix Lelis - December 27, 2024 - 12:00am
Twelve projects with a capital investment of over P15 billion each are qualified to transfer their registration to CREATE MORE for availment of enhanced tax incentives, according to the Board of Investments.
Aboitiz, partners allot over P2 billion for wind farm grid integration
by Brix Lelis - December 26, 2024 - 12:00am
Lihangin Wind Energy Corp., a joint venture of Aboitiz Renewables Inc., Vivant Energy Corp. and Singapore-based Vena Energy, is spending over P2 billion for the transmission connection of its massive wind farm in...
ERC sets P25/kWh cap on power reserve market price
by Brix Lelis - December 26, 2024 - 12:00am
The Energy Regulatory Commission (ERC) has set a ceiling price of P25 per kilowatt-hour (kWh) on the backup power that can be offered to the National Grid Corp. of the Philippines.
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