MANILA (PIA) — The Department of Energy (DOE) is moving to shield Filipino consumers from the full impact of a historic global oil crisis, negotiating a phased price implementation while launching a massive crackdown on profiteering.

THE Governance Commission for Government-Owned or -Controlled Corporations (GCG) has approved the deactivation of the renewable energy arm of state-run Philippine National Oil Co. (PNOC) after determining that it was not meeting its intended objectives.

CABANATUAN CITY (PIA) — The Nueva Ecija University of Science and Technology (NEUST) formalized its partnership with Meralco Power Academy (MPA) and MGEN Renewable Energy, Inc. to strengthen energy sector training and industry-academic collaboration.

In many farming communities across the Cagayan Valley, the rhythm of planting and harvesting has long depended on two things: the flow of irrigation canals and the steady supply of diesel to power water pumps.

APEC Party-list Representative Sergio C. Dagooc has opposed any move to privatize the Agus-Pulangi Hydroelectric Complexes in Mindanao, warning that transferring the facilities to private operators could increase electricity prices and weaken the region’s energy security.

Alternergy Holdings Corporation has installed the first wind turbine generator for its Alabat Wind Power Project in Quezon, marking a key milestone in the development of the renewable energy facility.

The Bank of the Philippine Islands (BPI) has extended a PHP 6.1-billion project finance facility to renewable energy developer Cornerstone Energy Development, Inc. (CEDI) to support the development of a 58.5-megawatt onshore wind power project in Libmanan, Camarines Sur.

Advent Upgrade Solar Inc. (AUSI), a joint venture between Aboitiz Power Distributed Renewables, Inc. (APx) and Upgrade Energy Philippines (UGEP), has installed a 793.6-kilowatt-peak (kWp) rooftop solar photovoltaic (PV) system at the manufacturing facility of Marcel FoodSciences, Inc. in Sibonga, Cebu.

Oil prices are set to increase by P17 to P24 per liter this week, but the hike will be spread over seven days instead of being implemented in a single day, Energy Secretary Sharon Garin said.

MANILA – The Philippine Competition Commission (PCC) has cleared the partnership between Alternergy Holdings Corp. and ABC Energy, Inc. for the development of power plants in Southern Luzon that would produce 192 megawatts (MW) of renewable energy (RE).