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..
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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..
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..
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). ..
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..
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..
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..
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..
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..
Ayala-led ACEN and exploration subsidiary ACE Enexor (ENEX) have canceled its property-for-share swap agreement involving diesel and other assets due to “unfavorable market conditions.” Both..
