The Department of Energy (DOE) assures that pursuing renewal energy (RE) development in the country will not lead to higher power rates for consumers. DOE secretary Alfonso Cusi said that they are...
The Energy Regulatory Commission said that it would be seeking guidance from the Malacañang following the suspension of four of its commissioners ordered by the Ombudsman, its ranking official said. In a...
The Emerging Power Inc. (EPI) is eyeing to fast-track the initial 10-megawatt (MW) unit of its geothermal power project in Biliran to help hasten the development in the province following Tropical Depression...
Independent oil player Seaoil Philippines Inc. has entered a long-term strategic partnership with Caltex Australia Petroleum Pty. Ltd. for its expansion programs. Seaoil announced that it signed a definitive agreement that forges...
The Manila Electric Co. (Merlaco) is establishing a new subsidiary for a network of electric vehicles (EVs) and charging stations for public support in support of the country’s rising EV industry. “We...
The Department of Energy (DOE) is working with its partners and stakeholders in order to power up Marawi City for the Christmas holidays. “Not just because we are mandated, but because this...
The San Miguel Corp. (SMC) is set to take over the Masinloc power projects after buying out its owners for around $1.9 billion. A total of $2.4 billion implied enterprise value of...
An electric cooperative in Surigao del Sur has tapped in a unit of the AboitizPower for a two-megawatt (MW) power supply deal for 2018. The Surigao del Sur 1 Electric Cooperative Inc....
The increase in the coal excise tax will post a “serious impact” on consumers’ welfare, a concern the Laban Konsyumer Inc. (LKI) is looking at. In a statement, LKI said that the...
The full implementation of the Retail Competition and Open Access (RCOA) will create “competitive pressure” that will lead to lower power rates, the Management Association of the Philippines (MAP) said. MAP is...
