DAVAO CITY – The Energy Regulatory Commission (ERC) has granted provisional approval for the Davao Light and Power Co. (DLPC) to operate in Davao del Norte and Davao de Oro.
Finance Secretary Frederick D. Go said the Maharlika Investment Corp. (MIC) should prioritize the energy sector to lower electricity costs and stimulate industrial growth even if power projects offer limited direct hiring.
Prime Energy underscored the role of indigenous natural gas in keeping the country’s power system stable and affordable as the Management Association of the Philippines (MAP) and the Department of Energy (DOE) formalized a three-year Joint Energy Action Agenda (JEAA) for 2026 to 2029.
KALTIMEX RURAL ENERGY Corp., a Philippine subsidiary of Indonesian firm PT. Kaltimex Energy, has signed a debt restructuring agreement with the Tawi-Tawi Electric Cooperative (TAWELCO) to ease the cooperative’s financial burden and strengthen electricity service for local communities.
MANILA – The additional charges that will be collected from power consumers starting January 2026 may seem to be a burden, but an official of the Energy Regulatory Commission (ERC) said it is aimed to encourage more players, which will further boost supply.
Rizal Green Energy Corp. said it started exporting 33.831 megawatts from its 40-MW Limbauan solar power facility in San Pablo, Isabela province to the Luzon grid on Thursday.
UPSTREAM oil and gas firm The Philodrill Corp. is seeking a new government contract to continue and expand its petroleum operations in northwest Palawan following the expiration of its existing service contract.
AN ABOITIZ-LED consortium has secured loan commitments totaling up to P70 billion from BDO Unibank and Metropolitan Bank & Trust Co. to finance part of its takeover of the Caliraya-Botocan-Kalayaan (CBK) hydropower facilities in Laguna.
A new carbon trading model could generate over $40 billion in annual revenue by 2050 while helping the Philippines achieve net-zero emissions in its power sector, according to research from the University of Surrey.
National Grid Corp. of the Philippines (NGCP) is set to complete two major transmission projects totaling P12.34 billion by next year to strengthen the country’s power infrastructure.