The Manila Electric Co. (MERALCO) has announced a Php0.2087 per kilowatt-hour (kWh) reduction in its electricity bills for the month of August. This would bring the overall rate to Php9.5458 per kWh...
Gas’s role in the country’s energy transition must be reviewed following the depleting supply of the Malampaya Gas field and the tightening of the supply market due to the Russia-Ukraine war, a...
Solar Philippines, through its unit Solar Philippines Batangas Baseload Corporation (SPBBC), is offering 200 megawatts (MW) of baseload capacity to Manila Electric Co. (MERALCO). SPPC has been granted an original proponent status...
A lawmaker is looking to investigate the impact of the of Russia-Ukraine war on the country’s energy security and affordability. Gatchalian, who chaired the Senate Committee on Energy in the 18th Congress,...
The Office of the President has named Atty. Monalisa Carneo Dimalanta as the new Energy Regulatory Commission (ERC) Chairperson. Dimalanta was Aboitiz Power Corporation’s Compliance Officer prior to the appointment. The appointment...
Solar Philippines Nueva Ecija Corporation (SPNEC) has been given the go signal to conduct its Php3.3 billion stock rights offering (SRO). SPNEC is eyeing to offer the shares within the price range...
Alternergy Holdings Corp., through its subsidiary Pililia AVPC Corporation (PACO), has secured a renewable energy service contract for its target offshore wind farm in Calavite passage in Northern Mindoro. In a statement,...
The SM Investments Corporation (SMIC) has fully acquired the Philippine Geothermal Production Company Inc. (PGPC) after the Securities and Exchange Commission (SEC) approved a Php15.76 billion share swap deal. In a disclosure...
Chevron Philippines Inc. (CPI) is set to supply diesel to nine of Aboitiz Power Corporation’s power generation plants after the two companies signed a supply deal. AboitizPower’s Oil Business Unit president and...
ACEN Corp., through its joint venture Ingrid Power Holdings Inc (IPHI), is looking to build a 270 megawatt (MW) battery energy storage system (BESS) worth Php6.875 billion. IPHI is a joint venture...
