THE ENERGY Regulatory Commission (ERC) has approved renewable energy developer Terasu Energy, Inc.’s application to connect its 40-megawatt (MW) solar power plant in Tarlac to the Luzon grid. In a decision posted on the commission’s website, the ERC said Terasu Energy may develop and own dedicated transmission facilities which will link its power plant to […]
DOE endorses 16 major power projects to NGCP
The Department of Energy endorsed 16 new power projects in the first quarter for system impact studies by National Grid Corp. of the Philippines. It said the projects included two natural gas projects in Bataan, including the planned 875-megawatt combined cycle power plant of Excellent Energy Resources inc. in Barangay Alangan, Limay, and the 1,200-MW […]
Philippines National Grid Taps Banks for $1.5 Billion IPO
Bloomberg – National Grid Corp. of the Philippines has picked banks to work on its initial public offering and has increased its targeted size to at least $1.5 billion, according to people with knowledge of the matter, paving the way for the biggest listing in the nation’s history. The high-voltage electricity network operator, commonly known […]