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The Energy Regulatory Commission (ERC) has ordered the Manila Electric Company (MERALCO) to refund a total of Php7.76 billion to its residential customers beginning this month. The order – issued on March...
Citicore Energy Solutions Inc. (CESI), the retail arm of Citicore Renewable Energy Corporation (CREC), has renewed five of its power supply contracts with its clients that are all expiring this year. The...
PXP Energy Corporation will be pursuing its other exploration projects amid the suspension being imposed by the government in the West Philippine Sea (WPS). “The Group shall continue to pursue exploration work...
SMC Global Power Holdings, the power arm of San Miguel Corporation (SMC), is eyeing around Php 215 billion worth of capital expenditures this year for long-term investments. In a disclosure to the...
The Department of Trade and Industry (DTI) is drafting its zero-tariff policy for the importation of electric vehicles (EVs), which it hopes to have Pres. Rodrigo Duterte sign before stepping down on...
Norwegian firm Scatec ASA is looking to expand its renewable energy (RE) investments in the Philippines, including solar, wind, and battery energy storage system (BESS) installations. Scatec General Manager for Southeast Asia...
Lopez-led Energy Development Corporation (EDC) has formally launched the operations of its 3.6-megawatt (MW) Mindanao 3 (M3) binary geothermal power plant in Kidapawan City, North Cotabato. The new plant, an extension of...
ACEN is looking to enter the renewable energy (RE) market in the United States by acquiring existing wind power projects on the other side of the world. This comes as Ayala’s power...
The Energy Regulatory Commission (ERC) has scheduled a public hearing on the 170-megawatt (MW) power supply agreement (PSA) between the Manila Electric Company (MERALCO) and SMC Global Power Holdings – the power...
Pilipinas Shell Petroleum Corporation (PSPC) has begun construction on its Darong Import Facility in Sta. Cruz, Davao Del Sur. With a rated capacity of 67 million liters of petroleum products, Shell said...
