Up to USD 50 million in new financing will support the development of renewable energy projects in Southeast Asia, including wind and hydropower assets in the Philippines.
MANILA, Philippines — The Yuchengco Group has taken full ownership of PetroWind Energy Inc. (PWEI) after completing its P1.9-billion acquisition of the 40-percent stake held by Thailand’s BCPG Public Co. Ltd.
The Department of Energy (DOE) has issued Department Circular No. DC2026-08-0017, introducing a streamlined policy framework to make the installation and operation of small-scale, own-use solar power systems easier for consumers. The policy, officially titled the “Streamlined SGF ZESS and MSS Policy,” aims to support the Philippines’ renewable energy targets of achieving 35% renewable energy…
System operator National Grid Corp. of the Philippines placed the Visayas and Mindanao grids on red alert for several hours Monday due to surging demand and limited power imports.
YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) has increased its ownership in the company operating the Nabas Wind Power Project in Aklan to 90% after completing its P1.9-billion acquisition of the remaining stake held by Thailand’s BCPG Public Co. Ltd. (BCPG).
The Bases Conversion and Development Authority (BCDA) teamed up with StB GigaFactory Inc. to explore renewable energy generation, battery storage and electric mobility projects that could support the next wave of industries in New Clark City and other BCDA properties.
The rapid expansion of data centers in the Philippines could put upward pressure on electricity prices and strain local grid capacity unless policies are introduced early to manage their growing power demand, according to the Philippine Energy Efficiency Alliance (PE2).
emirara Mining and Power Corp. (SMPC) said Monday it filed a notice of redundancy with the Department of Labor and Employment (DOLE) affecting 462 workers at its coal mine site in Antique.
Manila Electric Company (Meralco) customers will see a slight reduction in electricity rates this August, as a PHP 9.5-billion regulatory refund helped offset increases in transmission, ancillary service, tax, and generation charges.
Quezon City is offering residents, condominium owners, and commercial establishments free technical guidance on rooftop solar installations through QC Helpline 122, as the city looks to make clean energy adoption easier and more accessible.