The Energy Regulatory Commission (ERC) has approved a slight increase in the Feed-in Tariff Allowance (FIT-All) for 2024, setting the new rate at PhP0.1189/kWh. The adjusted FIT-All rate, which will take effect...
SN Aboitiz Power Group (SNAP) has officially broken ground on the second phase of its Magat Battery Energy Storage System (BESS) project at the Magat hydroelectric power plant in Ramon, Isabela. “With...
The National Electrification Administration (NEA) and Misamis Oriental II Rural Electric Service Cooperative, Inc. (MORESCO 2) have pledged to repair and modernize the province’s aging powerlines, addressing one of the key causes...
A major solar power project in Pampanga has received a Green Lane Certificate from the Board of Investments (BOI), fast-tracking its development under the government’s One-Stop Action Center for Strategic Investments (OSACSI). ...
Manila Water Co., Inc. has energized 2.5 megawatt-peak (MWp) of solar rooftop systems across three key facilities, aiming to reduce energy costs and carbon emissions. In a Business World report, these solar...
ACEN RES, the retail electricity arm of the Ayala Group, has enrolled five facilities across all three campuses of the Philippine Cultural College (PCC) under the Retail Aggregation Program (RAP), making PCC...
Aboitiz Power Corporation announced the planned decommissioning of its 44.64-megawatt (MW) Naga Oil-Fired Power Plant (OFPP) and its 0.44-MW Black Start Diesel Engine Generating Unit (BSDEGU) by March 31, 2025. The decision...
Renewable energy pioneer Alternergy Holdings Corporation (ALTER) has been included in ATRAM Trust Corporation’s Philippine Sustainable Development and Growth Fund (ATRAM SDG Fund), a Php400 million investment fund focused on sustainable growth....
Bohol Light, the sole power distributor in Tagbilaran City, has taken a major step in modernizing its billing system with the launch of the Spot Bill system. Customers will now receive their...
President Ferdinand Marcos Jr. has signed an executive order (EO) reducing and condoning real property taxes (RPTs) for independent power producers (IPPs) to safeguard energy sector stability and prevent economic strain. The...
