NexGen Energy Corp. disclosed today that it has deployed PHP 244.26 million of its initial public offering (IPO) proceeds as of the first quarter of 2026, as it continues to scale up its renewable energy pipeline across solar and wind projects.

As the Philippines accelerates its energy transition, a less visible challenge is beginning to surface and it’s not in power plants or transmission lines, but in the digital systems that underpin the industry. For utilities navigating a more competitive and complex market, outdated platforms are emerging as a critical constraint.

The Energy Regulatory Commission (ERC) has adopted a new set of rules for governing microgrid systems, marking another step toward accelerating electrification in underserved areas while also strengthening consumer protection.

The Luzon grid was placed under a yellow alert, the first for the region this year, on April 16 from 4:00 PM to 10:00 PM after multiple power plant outages tightened available supply.

THE Manila Electric Company (Meralco) has filed a criminal complaint against individuals allegedly involved in the unauthorized removal of an electric meter.

Solar photovoltaic (PV) solutions provider GreenHeat Corp. strongly urged Filipinos to put up solar rooftop systems to lower their electricity costs by up to 30 percent.

CONSUMERS served by Manila Electric Co. (Meralco) will face higher electricity rates starting in September after the Energy Regulatory Commission (ERC) approved the recovery of more than P4 billion in costs tied to a major gas plant owned by its affiliate.

Department of Energy Philippines (DOE), in coordination with Energy Regulatory Commission Philippines (ERC), National Transmission Corporation (TransCo), and National Grid Corporation of the Philippines (NGCP), conducted a site inspection of the ₱5.27 billion Nabas-Caticlan-Boracay Transmission Line Project (NCBTLP) on April 14, 2026, reaffirming efforts to strengthen power infrastructure in Aklan.

The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) is calling for stronger financing mechanisms and wider adoption of new technologies to help electric cooperatives (ECs) withstand supply disruptions and climate-related risks, as rural power distributors grapple with mounting pressure from the ongoing energy crisis.

WASHINGTON — The war in the Middle East has intensified strains on an already fragile global fiscal situation, with higher interest rates and rising energy prices already fueling calls for support from emerging markets and developing economies, the International Monetary Fund said on Wednesday in its Fiscal Monitor report.