Meralco hikes power rate in May

The tight power supply in the Luzon grid during the yellow and red alerts in April has pushed electricity rates up in franchise areas of Manila Electric Company (Meralco). Meralco announced Tuesday that power rates in May increased by PHP0.4621 per kilowatt hour to PHP11.4139 per kWh from PHP10.9518 per kWh in the previous month.

Danish pair to kickstart offshore wind in the Philippines

Danish companies NIRAS and Copenhagen Offshore Partners (COP) have joined forces on a project to kickstart the development of offshore wind farms in the Philippines. COP designated NIRAS to conduct the local environmental impact assessments (EIA) and environmental social impact assessments (ESIAs) for the future offshore wind farm sites.