The power generation arm of the Lopez family has secured a supply agreement to provide geothermal energy to Wilmar Edible Oils Philippines Inc., a further expansion of its renewable energy portfolio in the country’s industrial sector.

Power retailer Manila Electric Co. (Meralco) said Friday electricity rates for February 2026 may increase, based on preliminary data from suppliers that point to upward pressure on pass-through charges.

Premiere Island Power REIT Corp. is exploring the lease or disposal of its Siquijor Island power assets as its current tenant, S.I. Power Corp., remains embroiled in a legal battle with regulators.

Ignite Power & Energy Corp. has submitted a proposal to invest up to P10 billion in South Cotabato Electric Cooperative II to modernize its operations and lower electricity rates, company officials said Thursday.

MANILA, Philippines — Filipino-Korean firm Coheco Badeo Corp. is finally pushing ahead with its proposed P64.3-billion pumped-storage hydroelectric (PSH) facility in Benguet, a project long delayed by the pandemic.

Petron Corp. captured the largest share of the Philippine petroleum market in the first half of 2025 as the national oil import bill dropped 32.43 percent due to lower finished product costs, Department of Energy data showed.

AYALA-LED ACEN CORP. has strengthened its footprint in India after acquiring the remaining stake held by Singapore-based UPC Renewables in their joint venture, allowing it to take the lead in developing more than a gigawatt (GW) of renewable energy (RE) projects.

ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) declined in January as supply margins improved, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

MANILA, Philippines — Voting 192-3-0, the House of Representatives yesterday approved on third and final reading a bill that would ensure continuous power supply in the Philippines through the use of energy storage systems or ESSs.

MANILA, Philippines — Batangas Rep. Leandro Leviste’s solar business may face yet another sanction—this time a potential P150-million fine from the Energy Regulatory Commission.