Lopez wants ECCs on renewable energy approved in 2 weeks
Summary: Environment Secretary Gina Lopez made the statement on January 18, as she announced her "firm commitment" to approve in just two weeks applications for environmental compliance certificate (ECC) of renewable energy projects.
2016 Yearender: Issues create shockwaves for energy sector
Source: Phil Star
Summary: There were several issues for the solar players:
Solar FIT - Parameters were not properly set, so there was industry-wide confusion why some solar players were excluded.
May elections and Change in Leadership – The change in administration meant that proposals now approved by then President Benigno Aquino III remain pending
New Administration’s Energy Plan - energy mix policy that is anchored on ensuring a reliable power supply and lower the price of electricity.
ERC official’s death - Francisco Villa Jr. committed suicide at the comfort of his own home last Nov. 9, shook the ERC.
Meralco to award deal to PowerSource- Solar developer PowerSource First Bulacan Solar Inc. matched the price offer of Asian solar developer Soleq to supply 50 megawatts of solar capacity to retailer Manila Electric Co. Meralco senior vice president and head of customer retail services, corporate marketing and communications Al Panlilio confirmed that PowerSource reduced its initial price offer of P5.39 per kilowatt-hour to P4.69 per kWh.
Energy supplier giant Meralco signed a contract with Solar Philippines and PowerSource to supply 100 MW of renewable energy in the Philippines.
The solar news roundup for September 29, 2016.