The Manila Electric Co. (MERALCO) has announced a Php0.6232 per kilowatt-hour (kwh) increase in electricity rates for the month of January. This is equivalent to a Php 125 increase in a residential...
Batangas Clean Energy Inc. (BCE) is looking to kickstart the construction of its Php 60 billion 1,100-megawatt (MW) combined-cycle gas turbine (CCGT) power plant in Batangas by August 2023. According to the...
The Luzon Grid may face 12 yellow alerts this year, particularly during the summer months, should power plants go into forced outages, data from the Department of Energy (DOE) said. “Factoring in...
The Department of Energy (DOE) aims to develop a strategic plan to accelerate the country’s total electrification within the first half of 2023. In a report by the Philippine Star, DOE said...
Six wind power projects of the Energy Development Corporation (EDC) have been given clearance by the Department of Energy (DOE) to conduct a system impact study (SIS) In a document released by...
Aboitiz Power Corporation, through its renewable energy subsidiary Aboitiz Renewables Inc., has secured a Php 20 billion agreement with the Land Bank of the Philippines to fund the growth of its RE...
Chinese renewable energy companies have pledged around US$ 13.76 billion in investments for the country’s energy sector. “We look forward to more Chinese investments in renewable energy pursuits such as in solar...
Petron Corporation is eyeing repurchasing as much as $50 million of perpetual bonds listed in Singapore. In a disclosure to the Philippine Stock Exchange (PSE), Petron announced its proposed tender offer to...
Solar Philippines is looking to convert 3000 hectares of land in Nueva Ecija and Bulacan for its solar projects after securing off-take agreements for its projects in 2022. “Land underpins an entire...
Incorporating nuclear power into the Philippine energy mix depends on project economics and the country’s ability to comply with safety requirements, the Philippine Institute for Development Studies (PIDS) said. In a report...
