First Philippine Holdings Corporation (FPH), led by the Lopez group, has allocated nearly Php 80 billion for its capital expenditures (capex) this year, with 75% of the funds designated for its energy...
The Manila Electric Company (MERALCO) is expecting substantial growth in its net income this year, propelled by its power generation business, as stated by Chairman Manuel V. Pangilinan. In a report by...
The National Grid Corp. of the Philippines (NGCP) believes the transfer of transmission operations from the government to private companies in 2009 resulted in more consumers benefiting from lower power rates and...
The Energy Regulatory Commission (ERC) intends to release an order within the next quarter to reset power transmission rates. In a report by the Philippine Star, ERC chairperson Monalisa Dimalanta said that...
Razon-led Prime Energy Resources Development B.V. has inked a supply agreement with Abu Dhabi National Oil Company Global Trading (AGT) for the procurement of condensate from the Malampaya gas field. AGT is...
Fresh River Lakes Corporation (FRLC), a subsidiary of First Gen Corporation, has been granted the “notice of award” following its winning bid for the 165-megawatt (MW) Casecnan Hydroelectric Power Plant (CHEPP). The...
The government was able to save around Php 205 million or over 20 million kilowatt-hours (kWh) for the first quarter of 2023, following the implementation of the Government Energy Management Program (GEMP). ...
The Philippine Board of Investments (BOI) has announced that there are five foreign investments in renewable energy expected this year. According to an article by The Manila Times, Trade Undersecretary and BOI...
The Department of Energy (DOE) will publish a circular that will establish the criteria and rates that for solar rooftop energy solutions in the Philippines. According to a report by the Manila...
The National Grid Corporation of the Philippines (NGCP) has energized its Hermosa-San Jose 500-kilovolt (kV) transmission project, tagged as an Energy Project of National Significance, to help improve the Luzon transmission backbone. ...
