Industry analysts say the recent interest rate cut by the Bangko Sentral ng Pilipinas (BSP) would bolster both existing and upcoming energy projects in the Philippines, particularly those in the renewable energy...
The Department of Energy (DOE) has granted approval for a 25-year solar energy operating contract to a company in Misamis Oriental province, which commenced construction on its power facility on Monday. In...
The Department of Energy (DOE) will ensure that marine protected areas (MPAs) are strictly designated as ‘no-go zones’ for offshore wind (OSW) project developments, including restrictions on their use as navigational channels....
Following the Taguig Regional Trial Court’s (RTC) dismissal of the Malampaya consortium members’ bid for injunctive relief, Manila Electric Company (MERALCO) is moving forward with plans to reschedule the competitive selection process...
ACEN, along with GenZero and Keppel Ltd., has signed a Memorandum of Understanding (MOU) to explore innovative financial mechanisms, such as Transition Credits (TCs), to facilitate the early decommissioning of the South...
Manila Electric Company (MERALCO) is considering increasing its investment in SP New Energy Corporation (SPNEC) as it moves forward with a large-scale solar project that could elevate the Philippines’ global standing. In...
First Gen Corporation has partnered with cement manufacturer Holcim Philippines, Inc. to supply renewable geothermal energy to the latter’s production plants. In a report by Business Mirror, First Gen said it would...
The Energy Regulatory Commission (ERC) has given the green light for Manila Electric Company (MERALCO) to implement pass-through charges from its natural gas suppliers beginning in October. Business World reported that these...
PetroEnergy Resources Corporation (PERC) is reporting an 11% drop in its net income, falling to Php 527 million in the first half of this year compared to Php 591 million in the...
Due to continous criticisms from industry stakeholders, APEC party-list Representative Sergio Dagooc called for the restructuring of the Energy Regulatory Commission (ERC) to improve its efficacy and efficiency. In a report by...
