Author Archives: LM Staff

Renewable energy drives growth: Philippines electrification hits 95%

The Department of Energy (DOE) announced that the nationwide electrification rate increased in 2025, following...

ERC hopes more consumers join retail electric market program

MANILA – Energy Regulatory Commission (ERC) chair Francis Saturnino Juan expressed optimism over the continued...

163 RE service contracts terminated, relinquished in 2024-25

MANILA – The Department of Energy (DOE) has terminated and relinquished 163 renewable energy (RE)...

MPower to supply power for Makati office tower under CREM

MPOWER, the retail electricity supplier of Manila Electric Co. (Meralco), is set to provide the...

Solar Philippines faces P24-B penalties over terminated RE contracts

SOLAR PHILIPPINES Power Project Holdings, Inc. is facing P24 billion in fines for its failure...

Meralco rates down by PHP0.1637/kWh for Jan. 2026

MANILA – Lower transmission charges led to a PHP0.1637 per kilowatt-hour (kWh) reduction in Manila...

MUFG Bank issues SBLCs in favor of Dept of Energy

THE MUFG Bank Ltd. Manila Branch (MUFG) announced of having completed its first sustainable trade...

Upstream oil, gas sector upbeat as work programs start

THE upstream oil and gas sector is starting the year on an optimistic note, with...

DOE targets 10 GW of solar capacity in 2026 to boost renewable energy goals

The Department of Energy expects to complete 10 gigawatts (10,000 megawatts) of solar power capacity...

EDC readies P100 billion geothermal upgrade in Leyte

MANILA, Philippines — Energy Development Corp. (EDC) of the Lopez family is ramping up its...