The Manila Electric Co. (MERALCO) is urging the businesses in its franchise area to join its interruptible load program (ILP) to help soften the blow whenever supply deficiency and power interruptions are...
The Energy Regulatory Commission (ERC) has rejected the rate hike plea of the San Miguel Corp.’s (SMC) power units and the Manila Electric Co. (MERALCO). “After due deliberation and thorough evaluation of...
The Department of Energy (DOE) has approved the sale of Shell’s 45% interest in the Malampaya gas-to-power project to Enrique Razon-led Prime Infrastructure Capital Inc. (Prime Infra). “As a result of the...
Renewable energy investments in the country are not subject to the Constitution’s 40% foreign ownership restriction, the Department of Justice (DOJ) said. In an opinion released over the weekend, the DOJ opined...
The Department of Energy (DOE) said that the government may release its zero-tariff policy on electric vehicle (EVs) imports by the end of the year. In a Philippine Star report, DOE director...
Ayala-led ACEN Corporation is set to open new credit lines with BDO Unibank, Maybank Philippines Inc., Asia United Bank Corp. (AUB), and CTBC Bank. In a disclosure to the Philippine Stock Exchange...
Around Php270.8 billion worth of renewable energy (RE) investments is expected in the country as the Department of Energy (DOE) has increased the utilization of RE for on-grid areas under the Renewable...
Former Power Sector Assets & Liabilities Management Corp. (PSALM) official Dennis Edward De la Serna has been named the state-run company’s new president and CEO. De la Serna led PSALM’s universal levy,...
The Department of Energy (DOE) said that they have yet to approve US firm Excelerate Energy’s application for its permit to construct, expand, rehabilitate, and modify (PECRM) for the proposed liquefied natural...
Yuchengco-led PetroGreen Energy Corporation (PGEC) is set to construct a 27-megawatt-AC solar power project in Brgy. San Vicente, Dagohoy in Bohol. The project, dubbed the Dagohoy Solar Power Project (DSPP), would be...
