LISTED Basic Energy Corp. is allocating around P1.9 billion for the development of a 43.41-megawatt alternating current (MWac) solar power project in Cadiz City, Negros Occidental.
SP NEW ENERGY CORP. (SPNEC) said it is asking the Department of Energy (DoE) to reconsider the termination of its service contract for a solar power project in Sta. Rosa, Nueva Ecija, which experienced delays due to unforeseen circumstances.
Host communities are set to receive a three-fold increase in financial incentives from power projects as the Department of Energy (DOE) begins implementing the strengthened subsidy framework this month.
The Philippines faces a tightening power supply as rising temperatures signal the start of the dry season, prompting energy officials to shore up reserves and fast-track stalled capacity to meet the projected surge in consumption.
THE National Electrification Administration (NEA) released P2.8-billion worth of loans to 45 electric cooperatives (ECs) last year.
MANILA – Transmission rates for January 2026 have declined by around PHP1 per kilowatt hour (kWh) nationwide due to lower ancillary service (AS) cost, an official of the National Grid Corporation of the Philippines (NGCP) said Wednesday.
THE Department of Energy (DoE) said it is expecting power issues in the Visayas due to its dependence on other grids for supply.
SAN MIGUEL Global Power Holdings Corp. (SMGP), the power generation arm of San Miguel Corp. (SMC), plans to return to the offshore debt market with the issuance of up to $300 million in senior perpetual capital securities to refinance existing obligations and fund renewable energy projects.
The Department of Energy (DOE) announced that the nationwide electrification rate increased in 2025, following the growth of renewable energy (RE) sources in the country.
MANILA – Energy Regulatory Commission (ERC) chair Francis Saturnino Juan expressed optimism over the continued growth in the number of power consumers joining the Competitive Retail Electricity Market (CREM) following the reduction in its participation threshold.