The Board of Investments (BOI) is urging local manufacturers to reduce their dependence on conventional energy by adopting energy efficiency and conservation practices through the “Make REshift Happen” campaign. In a report...
The Manila Electric Company (MERALCO) is announcing an upward adjustment of Php 0.0327 per kilowatt (kWh) in the electricity rate this August, which brings the overall rate to Php 11.6339 per kWh,...
The Philippines is aiming to establish a fully operational and independent nuclear power regulatory commission by 2026, according to the draft Philippine Nuclear Energy Program 2024-2050. Manila Standard reported that the program...
United States (US) diplomat in Japan, Ambassador Rahm Emanuel, is suggesting a trilateral partnership involving the US, Japan, and the Philippines in biofuels. In a report by Philippine Star, Emanuel proposed a...
ACEN Corporation is increasing its investment in its subsidiary, Belenos Energy Corporation, to support its expansion into the renewable energy sector. Philippine Star reported that ACEN signed a subscription agreement last week...
Manila Electric Company (MERALCO) says that power generation charges are expected to decrease this month, which could be attributed to reduced demand and improved supply conditions. In a report by Manila Standard,...
ACEN Corporation has reported an increase in its net income to Php 6.3 billion in the first half of this year, an increase of 49% from P4.23 billion in the same period...
The Energy Regulatory Commission (ERC) has informed the Congress that it will turn over the assessment of the performance of system operator National Grid Corporation of the Philippines (NGCP) by December. In...
Visayan Electric Company (VECO) has submitted a capital expenditure (CAPEX) program proposal costing Php 4.273 billion to the Energy Regulatory Commission (ERC)/ Manila Standard reported that the majority of the proposed CAPEX...
Ingrid Power Holdings Inc. is gearing to construct a Php 6.875 billion, 150-megawatt (MW) battery energy storage system (BESS) in Pililla, Rizal. In a report by Manila Standard, Ingrid, a joint venture...
