Oil companies implemented price hikes on Tuesday following the recent Organization of Petroleum Exporting Countries (OPEC) deal, and higher US crude demand in the international market. The Department of Energy said that the
Senate Committee on Energy Chairman Sherwin Gatchalian has filed a bill that targets to reduce electricity rates as much as 16 centavos per kilowatt hour. The Recoverable System Loss Act aims to
AboitizPower unit SN Aboitiz Power-Magat Inc. (SNAP-Magat) has inked a partnership with the Bank of the Philippine Islands (BPI) and China Banking Corp. (China Bank) to raise P19-billion fixed rate corporate notes.
An electric transportation group urged the government to set standards on the manufacturing of electric vehicles and key components like motor, controller, battery and charging stations to prevent malfunctions. The standards are
The country’s first pico hydro power generation system was put up by the Southern Leyte Electric Cooperative (SOLECO), the National Electrification Administration (NEA) said. The pico hydro system, which began operation on August
Despite meeting his targets for the household electrification projects of the Department of Energy (DOE) in the first 100 days of the new administration, Energy Secretary Alfonso Cusi said the biggest challenge
The European Union will be giving a total of P9 billion in funds to the Philippines for renewable energy development, energy efficiency projects, and household electrification. The EU and the Department of
The Sarangani Energy Corp. (SEC) of the Alsons Power Group has been given a certificate of compliance (COC) for its $2-billion environmental project. SEC said they were issued a COC for the
A Filipino Scientist from the Washington State University is eyeing the use of second-generation biomass to close the energy gap in the Philippines. Elmar Villota, a doctoral student in biological systems engineering, is studying
A Japanese solar energy systems firm is seeing the Philippines’ demand for solar power rising in an attempt to cut down energy costs. For Sustena Inc.’s general manager, Masayuki Aoki, the country’s
