SMC Global Power Holdings Corporation recorded a 75% drop in its net income to Php1.93 billion in the first quarter of 2022 from Php7.78 billion in the same period last year, based...
SPC Power Corporation and its affiliate Intrepid Holdings Inc. (IHI) will no longer acquire German firm Steag GmBH’s 51% stake in STEAG State Power Inc – the operator of the 210-megawatt (MW)...
(UPDATED) The Energy Task Force Election (ETFE) led by the Department of Energy (DOE) has assured that there is enough power supply for the 2022 national and local elections this Monday despite...
An energy advocacy coalition has challenged the incoming administration to establish mechanisms to help accelerate the country’s energy transition and to commit to “ambitious climate goals.” This comes as Withdraw from Coal...
The Energy Regulatory Commission (ERC) has ordered the Manila Electric Company (MERALCO) to refund a total of Php7.76 billion to its residential customers beginning this month. The order – issued on March...
With the 2022 national elections fast approaching, the National Grid Corporation of the Philippines (NGCP) is keeping a close watch on the power supply situation in the country, as it remains wary...
Citicore Energy Solutions Inc. (CESI), the retail arm of Citicore Renewable Energy Corporation (CREC), has renewed five of its power supply contracts with its clients that are all expiring this year. The...
PXP Energy Corporation will be pursuing its other exploration projects amid the suspension being imposed by the government in the West Philippine Sea (WPS). “The Group shall continue to pursue exploration work...
SMC Global Power Holdings, the power arm of San Miguel Corporation (SMC), is eyeing around Php 215 billion worth of capital expenditures this year for long-term investments. In a disclosure to the...
The Department of Trade and Industry (DTI) is drafting its zero-tariff policy for the importation of electric vehicles (EVs), which it hopes to have Pres. Rodrigo Duterte sign before stepping down on...
