State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) is allocating ₱8.8 million for an independent financial study as it prepares to privatize the 232-megawatt Mindanao Coal-Fired Thermal Power Plant.
ELECTRICITY shortages threaten to undermine the Visayas’ economic growth, prompting a House leader to support granting emergency powers for President Ferdinand Marcos Jr., while the region waits for permanent power supply solutions expected no earlier than 2028.
The Philippines has set out Priority Economic Deliverables and annual priorities for the energy sector as chair of ASEAN 2026, focusing on the operationalization of the ASEAN Power Grid agreement.
Cebu-based property developer Oakridge Realty Development Corp. (ORDC) has expanded its partnership with the First Gen Group (First Gen) by signing an agreement to install rooftop solar power facilities at two locations in Mandaue City.
The General Santos City Chamber of Commerce and Industry (GSCCCI) is calling for the resumption of a plebiscite on the proposed joint venture agreement (JVA) between South Cotabato II Electric Cooperative (SOCOTECO II) and Primelectric’s IGNITE Power and Energy Holdings Inc.
Razon-led Prime Infrastructure Capital Inc. said its existing portfolio and strong lineup of projects will enable the company to double its revenues and earnings over the short- to medium-term.
MANILA Electric Co. (Meralco) recorded a slight increase in energy sales volume in the first eight months of the year as new customer connections offset weaker organic demand amid cooler weather.
MANILA, Philippines — Semirara Mining and Power Corp. (SMPC) is letting go of nearly 1,000 employees amid the massive seawater inflows at one of its mine sites, with limits on investments due to uncertainties in the bidding of coal contracts adding to the pressure on future production.
Solar electricity in the Philippines was around 59% cheaper than gas power in 2025, with average generation costs estimated at USD 54 per megawatt-hour (MWh) for solar compared with USD 99/MWh for gas, according to Zero Carbon Analytics (ZCA).
The Energy Regulatory Commission (ERC) and the National Grid Corporation of the Philippines (NGCP) have signed a compromise agreement, ending years of legal disputes over the payment of regulatory fees.