The Maharlika Investment Corporation (MIC) is gearing up to make its initial investments in the energy sector within the next 60 to 90 days. In a report by Business World, MIC President...
The Manila Electric Company (MERALCO) has obtained the lowest offer for its 600 megawatt (MW) baseload supply requirement through a Competitive Selection Process (CSP). Masinloc Power Co. Ltd. offered the best bid...
San Miguel Global Power Holdings Corporation (SMGP) is aiming to pull up USD 300 million in the offshore bond market to fund its solar energy projects. Philippine Star reported that in a...
Area surveying is a critical step in ensuring the successful development of renewable energy projects. This enables developers to assess the land’s condition and map out the entire project workflow — from...
The Energy Regulatory Commission (ERC) has released new guidelines regarding the termination of power supply agreements (PSAs), explicitly stating that the longstop date provision will no longer be accepted as a valid...
Non-profit organizations are putting pressure on the government to tackle excessive electricity bills as the country gears up to become an upper-middle-income country (UMIC). In a report by Manila Standard, the Institute...
First Gen Corporation is anticipating a significant boost in overall profits this 2024, driven by additional revenues from its geothermal assets that are now coming online. In a report by Manila Bulletin,...
The Department of Energy (DOE) will open the pilot Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) Conventional Energy Bid Round for Petroleum, alongside the 2024 Philippine Bid Round on August 27. This...
Senator Pia Cayetano pushed for the passage of Senate Bill No. 2793, or the proposed Philippine Natural Gas Development Act, as a means to support the development of the country’s natural gas...
BDO Unibank Inc. has offered to fund Citicore Renewable Energy Corporation (CREC) amounting to Php 5.6 billion for its 197-megawatt Tuy solar project, marking a substantial step to the latter’s goal of...
