JORDEENE SHEEX LAGARE

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HONDA Motor Co., Ltd. will commence the testing of a detachable mobile battery in Romblon in the Philippines to enable the utilization of surplus electricity in areas where people have little or no access to electricity supply. The Japanese automaker announced on its website on Monday that it will start…

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The Senate has approved the creation of a P750-million emergency fund for electric cooperatives whose services are affected by natural disasters. Legislators on Monday unanimously backed the Electric Cooperative Emergency and Resiliency Fund Act of 2017, which is aimed at facilitating the restoration of power services and the rehabilitation of…

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IN a bid to speed up the government’s rural electrification efforts, the Department of Energy (DoE) has signed a Memorandum of Agreement (MOU) worth P131 million with three electric cooperatives to energize remote areas in Bohol, Quezon, and Palawan with prepaid solar home systems. The undertaking entails the installation of…

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ASEAN energy ministers are meeting this week in Manila to push the development of an efficient, reliable, and resilient power infrastructure for the region. The Association of Southeast Asian Nations, as outlined in a 2016-2025 plan of action, is working on linking the region’s power markets, which was piloted in…

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EAGLE Cement Corp.’s proposed Bulacan and Cebu cement plants have received approvals from the Board of Investments (BOI) as an expanding producer and as a new producer of cement, respectively, with non-pioneer status under the 2017 Investment Priorities Plan (IPP). The Ramon Ang-led cement maker said in a disclosure to…

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The prices of diesel and kerosene will again go up on Tuesday but the cost of gasoline will remain the same. In separate advisories, oil companies announced that the prices of diesel and kerosene will be increased by 45 centavos per liter and 65 centavos per liter, respectively. Flying V…

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LISTED Phoenix Petroleum Philippines, Inc.’s board of directors has approved the establishment of a trading company in Singapore to market and trade its fuel products. The oil company informed the Philippine Stock Exchange (PSE) last Friday that the Singapore trading company will be set up “for the primary purpose of…

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The Negros-Panay submarine cable will be fully energized by the first quarter of next year, National Grid Corp. of the Philippines (NGCP) said on Friday, addressing supply issues hounding the region. The cable is part of Stage 1 of the Cebu-Negros-Panay (CNP) backbone project, NGCP said in a statement. It…

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EAST Zone concessionaire Manila Water Co., Inc. and AC Energy Holdings Inc., the business unit of listed Ayala Corp. in the power sector, recently signed a retail electricity supply agreement. Under the accord, AC Energy will provide two-year power supply to five pumping stations of Manila Water currently enrolled under…

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Motions covering disputed power supply agreements (PSAs) sealed by Manila Electric Co. (Meralco) will still be considered by the Energy Regulatory Commission (ERC) despite initial rejections. A day after announcing the denial of petitions for intervention due to technicalities, ERC officer-in-charge Alfredo Non said the regulator would instead treat the…

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