THE P1.45-billion investment by state-run Government Service Insurance System (GSIS) in Alternergy Holdings Corp. complied with the “rigorous requirements” of regulators, according to the latter’s financial advisor, Investment & Capital Corp. of the Philippines (ICCP).
The Department of Energy (DOE) is considering a stricter but more streamlined mechanism to reopen terminated service contracts for renewable energy (RE) projects
The Department of Energy (DOE) is exploring methods to advance renewable energy projects that were previously terminated due to delays or non-compliance.
Outgoing Energy Regulatory Commission (ERC) chairperson Monalisa Dimalanta said power rates in the Philippines still have room to fall further.
Bacolod Councilor Wilson Gamboa Jr. has challenged the legitimacy of Negros Electric and Power Corp.’s (Negros Power) collection of the Reinvestment Fund for Sustainable Capital Expenditures (RFSC) from power consumers.
The Power Sector Assets and Liabilities Management Corp. (PSALM) on Friday awarded the Caliraya-Botocan-Kalayaan (CBK) Hydroelectric Power Plants (HEPPs) to the Thunder Consortium, comprising Aboitiz Renewables Inc., Sumitomo Corp., and Electric Power Development Co.
Outgoing Energy Regulatory Commission (ERC) chairperson Monalisa Dimalanta said the body aims to complete several regulatory actions before her resignation takes effect on Aug. 8, 2025.
CEBU CITY—Fuel retailer Top Line Business Development Corp. (TLBDC) expects a “banner year” in 2025 as subsidiary Light Fuels Corp. aims to operate 50 retail stations by the end of 2025.
MANILA – Officials of Aurora Pacific Economic Zone and Freeport Authority (APECO) are hopeful that the ongoing rehabilitation in the 12,734-hectare property in Casiguran will encourage the government to release about PHP2 billion to PHP3 billion of the Freeport’s unreleased capitalization by 2027.
THE Department of Energy (DoE) is looking into creating a new mechanism to reassign terminated service contracts to remove the barriers in renewable energy (RE) development.