Prices at the Wholesale Electricity Spot Market (WESM) dropped 13% in February as more power generating units reconnect to the grid, the Independent Electricity Market..
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Fort Pilar Energy, Inc. (FPEI), owned by the family of businessman-politician Michael “Mikee” Romero, is looking to expand the capacity of its Digos Solar Plant..
Manny V. Pangilinan-led PXP Energy said it is drilling two appraisal wells in its Service Contract (SC) 72 exploration block in gas-rich Recto Bank in..
While the Philippines does not directly import crude oil from Russia and Ukraine, local pump prices can be affected by the ongoing conflict between the..
The board of Solar Philippines Nueva Ecija Corporation (SPNEC) has approved the asset-for-share swap with parent company Solar Philippines. In a disclosure to the Philippine..
Aboitiz Power Corporation has broken ground for its 94-megawatt peak (MWp) Cayanga-Bugallon solar power project in Pangasinan. The country’s largest power generator formally made the..
Ayala-led ACEN has sold its 32-megawatt (MW) oil-fired Power Barge (PB) 102 in Lapuz, Iloilo City to SPC Power Corporation for Php39.2 million, based on..
The Department of Finance (DOF) has turned down the idea of suspending the excise tax on fuel to aid certain sectors despite the continuous rise..
Citicore Renewable Energy Corporation (CREC) will be investing around Php70 billion to develop 1,500 megawatts (MW) worth of renewable energy (RE) projects over the next..
Citicore Energy Solutions Inc (CESI), the retail electricity supplier (RES) of Citicore Renewable Energy Corporation (CREC) said it has expanded its customer base by 2.5..
