Tag: Electric Cooperatives
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National Electrification Administration to Penalize Electric Cooperatives Hindering Solar Energy Adoption
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NEA to Impose Sanctions on Electric Cooperatives Resisting Solar Energy The National Electrification Administration (NEA) has announced its intent to impose sanctions on electric cooperatives (ECs) that resist the government’s initiative to promote renewable energy, particularly solar power installations. During a recent Senate hearing, NEA Deputy Administrator for Legal Services…
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SOCOTECO II and Ignite Power Target Lowering System Losses to 5.5% Under Modernization Plan
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The South Cotabato II Electric Cooperative (SOCOTECO II) is looking to significantly cut system loss charges passed on to consumers, targeting a reduction down to 5.5 percent. The milestone target will be supported by fresh capital from Ignite Power, a firm backed by business tycoon Enrique K. Razon Jr. and…