Author Archives: LM Staff

PetroEnergy affiliate switches on 40 MW solar plant in Isabela

PetroEnergy Resources Corporation (PERC), through its affiliate, has completed the ceremonial switch-on of a 40-megawatt...

San Miguel Global Power profit jumps 290% to PHP 48.3B in 2025

San Miguel Corporation’s (SMC) power unit posted a 290% surge in net income to PHP...

ERC clears Citicore’s Binalonan Solar grid connection, flags potential curtailment

The Energy Regulatory Commission (ERC) has approved Citicore Solar Pangasinan 2, Inc. (CSP2I) to build...

MGEN unit to invest PHP 8.42B in 192 MW solar project in Iloilo

LagunaSol Corp., a subsidiary of MGEN Renewable Energy Inc. (MGEN Renewables), is investing PHP 8.42...

Meralco upgrades Camarin substation, boosting power for Caloocan and Bulacan

Manila Electric Company (Meralco) has upgraded its Camarin Substation to strengthen electricity reliability for customers...

Lower energy prices, cement unit’s losses cut DMCI profit

DMCI Holdings Inc., the holding firm of the Consunji Group, on Tuesday said its net...

CREIT keeps Aa+ rating, stable outlook — PhilRatings

Citicore Energy REIT Corp. (CREIT) has retained its PRS Aa+ issuer credit rating with a...

ERC pushes regulatory reforms to expand electricity access and lower costs at PEPIF 2026

The Energy Regulatory Commission outlined a series of regulatory reforms aimed at improving electricity affordability...

DoE: Diesel may hit P115 per liter

DIESEL PRICES could reach up to P115 per liter this week at gasoline stations within...

Consumer advocates push for tax relief as power costs climb

A consumer advocacy group is urging the government to roll out immediate relief measures, including...