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PXP Energy Corporation (PXP) intends to join a government auction for energy reserves in the western and southern waters of the country that are unclaimed by China. Reuters reported that PXP Energy
With a strong performance in the first quarter, the Manila Electric Company (MERALCO) records a net income of Php 9.60 billion, and is hopeful that its consolidated core net income will surpass
UPDATE (16:41): As of 4:30PM, the Red alert for the Visayas grid has been lifted. However, the grid remains under Yellow alert from 4:00 PM to 7:00 PM and 8:00 PM to
Taisei Corporation has solidified its commitment to renewable energy by acquiring a 25% equity stake in Rizal Green Energy Corporation(RGEC), a subsidiary of PetroGreen Energy Corporation (PGEC). In a report by Manila
The Department of Energy (DOE) is expecting improvements over the weekend amidst continuous power outages, as well as implementations of red and yellow alerts, as some power plants are back online. In
Trina Solar, known for its solar photovoltaics (PVs) and energy storage solutions, is entering into an agreement to supply solar cell panels for PetroGreen Energy Corporation’s (PGEC) solar projects. In a report
Basic Energy Corporation is solidifying its partnership with Renova Inc. of Japan through a joint development and shareholder’s agreement concerning the Php 4.5 billion Mabini wind project. As per Basic Energy, this
The Malampaya offshore field supplies major power reactors with greater quantities of gas than originally intended as the National Grid Corporation of the Philippines (NGPC) places the Luzon grid on red and
The execution of the Tuy-Dasmarinas 500 kilovolt (kV) Transmission Line Project encounters a significant legal hurdle that may slow down the entry of new generation projects into the transmission system if not
The Department of Energy (DOE) inaugurated its Mobile Energy System (MES) and Energy Sector Emergency Operations Center (ESEOC), two strategies made to confront the necessity for resilient energy infrastructure. In a statement,
