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Nepomuceno-led Raslag Corp. will begin deploying its proceeds from its recent initial public offering (IPO) and will be tapping banks to fund its two solar power projects. In a disclosure to the...
Finance Secretary Carlos Dominguez III debunked the claims that there is double taxation in the value-added tax (VAT) on power rates. The statement comes after outgoing Energy Regulatory Commission (ERC) chairperson Agnex...
Conglomerate San Miguel Corporation is looking to complete 31 battery energy storage systems totaling 1,000 megawatts (MW) by next year to help facilitate the company’s transition from coal to renewable energy and...
Foreign investors are asking the upcoming administration of president-elect Ferdinand “Bongbong” Marcos Jr. to lift the foreign ownership limit in renewable energy (RE) projects in order to attract more capital flow, especially...
Nepomuceno-led Raslag Corporation is set to expand its solar power business to 95 megawatt-peak (MWp) capacity following its debut on the Philippine Stock Exchange (PSE). In a Manila Bulletin report, Raslag said...
Power distributor Manila Electric Co. (MERALCO) has announced a Php 0.3982 per kilowatt-hour (kwh) increase in its electricity bills for the month of June. This would translate to a Php 80 increase...
Pilipinas Shell Petroleum Corporation (PSPC) is looking into venturing into electric vehicles (EVs) as part of its net-zero goal to decarbonize the entire chain of operations by 2050. In a report by...
The Citicore Energy REIT Corporation (CREIT) has completed the acquisition of a property in South Cotabato amounting to Php 753.8 million. In a disclosure to the Philippine Stock Exchange (PSE), the renewable...
Enrique Razon-led Prime Infrastructure Holdings, Inc. (Prime Infra) is set to build the world’s largest solar power facility with a capacity of 2,500MW to 3,500MW combined with 4,000MWh to 4,500MWh battery energy...
The Philippine Nuclear Research Institute (PNRI) is pushing for the idea of adopting small modular reactors (SMRs), in light of President-elect Ferdinand Marcos Jr’s pronouncement that he is open to the idea...
