Alternergy Holdings Corp. has set Php 20 billion in capital expenditures for the next three to five years to build up to 350 megawatts (MW) of green projects. In a report by...
The Mindanao-Visayas interconnection project (MVIP) is 80% finished and can already transport power from the two islands, the Department of Energy (DOE) said. In a report by Malaya Business Insight, Energy secretary...
Ayala-led ACEN Corporation has signed a partnership with US-based renewables company, BrightNight, in developing, constructing, and operating over 1.2 gigawatts worth of hybrid renewable energy projects in India. In a statement, ACEN...
The Department of Energy (DOE) is looking to assess the taxes imposed in the country’s energy sector to determine if it contributes to higher power costs in the country. Energy Secretary Raphael...
Consumers are being asked to manage their electricity consumption as power prices may rise in the summer months due to the surge in demand, Energy Secretary Raphael Lotilla said. In a report...
Singapore-based energy technology and services firm Asia Energy Co. (AECO Energy) has entered the Philippine market and is looking to partner with contestable power users and retail electricity suppliers. In a report...
The Manila Electric Co. (MERALCO) has announced a Php 0.5453 per kilowatt-hour increase in its electricity rates for the month of March, bringing its overall rate to Php 11.4348/kWh. The adjustment would...
Ayala-led ACEN Corporation has recorded a Php 13.1 billion net income in 2022, a massive jump from the Php 5.3 billion profit made in the previous year. “This included ₱8.6 billion of...
The Philippine Government wants to adopt new working hours and allow employees to work from home on Fridays to conserve energy costs, Finance Secretary Benjamin Diokno said. Adopting work hours from 7...
The Manila Electric Co. (MERALCO) will be implementing a staggered increase in its generation charges in the next two months to cushion its impact on consumers. MERALCO said that its total rates...
