While it is possible for the Philippines to run on 100% renewable energy (RE), the transition may take decades, and the help of other energy sources is needed, Solar Philippines founder and...
The Energy Regulatory Commission (ERC) is studying the appeal of power generation companies (gencos) to lift the Php6.245 per kilowatt-hour (kWh) secondary price cap (SPC) at the Wholesale Electricity Spot Market (WESM)...
PNOC-Exploration Corporation (PNOC-EC) is looking at the possibility of buying back Chevron’s shares, as well as acquiring a portion of Shell Philippines Exploration B.V’s (SPEX) stake in the Malampaya gas-to-power project, according...
The Manila Electric Company (MERALCO) is looking for bidders for the 180-megawatt (MW) baseload supply needed for this summer. “This 180MW supply is meant to cover for the output of plants that...
The construction of Solar Philippines Nueva Ecija Corporation’s (SPNEC) 500-megawatt (MW) “solar ranch” in Peñaranda, Nueva Ecija is ahead of its schedule, Solar Philippines founder and CEO Leandro Leviste said. “As far...
Local stakeholders and energy advocacy groups led by San Carlos Bishop Gerry Alminaza have expressed environmental and economic concerns over SMC Global Power Holdings’ (SMCGP) 300-megawatt (MW) liquefied natural gas (LNG) combined...
With a historical price increase in oil products last Tuesday, consumers can expect a “massive” rollback next week due to a drop in global crude oil prices, the Department of Energy (DOE)...
The Hongkong and Shanghai Banking Corporation’s (HSBC) Philippine branch has released its first sustainable commercial Letter of Credit (LC) to partially fund ACEN’s 160-megawatt (MW) Balaoi and Caunayan wind farm project in...
Aboitiz Power Corporation is allotting Php28 billion for capital expenditures (capex) this year, which will be used to expand its renewable energy (RE) portfolio and to upgrade its existing power facilities, the...
The House Committee on Energy has approved a bill amending Republic Act 8479 or the Oil Deregulation Law as local pump prices continue to rise. The committee has particularly proposed some key...
