MANILA – Emirati state-owned company Masdar has formalized its investment plans worth USD15 billion in the Philippines’ renewable energy (RE) sector by signing an Implementation Agreement with the Department of Energy (DOE).

Off-grid energy provider DMCI Power Corporation (DPC), a DMCI Holdings subsidiary, announced that its first renewable energy (RE) project will begin operations this year.

Energy Secretary Popo Lotilla is very hopeful that 2025 will be a better year for the power sector.

ALTERNERGY Holdings Corp., through its unit Solana Solar Alpha, Inc., has secured a P1-billion loan from Rizal Commercial Banking Corp. (RCBC) to fund the construction of its 28-megawatt-peak (MWp) Balsik Solar Power Project in Hermosa, Bataan.

MPOWER, the local retail electricity supplier of Manila Electric Co. (Meralco), has entered into a retail supply agreement with ABS-CBN Corp. to support the power needs of the media company’s operations.

OFFGRID energy generator DMCI Power Corp. (DPC) reported energy sales of 491.2 gigawatt-hours (GWh) for 2024, a 9% increase from the previous year, driven by higher demand.

LAOAG CITY – Government and commercial buildings in five municipalities and a city in Ilocos Norte will be tapped to pilot smart meters in the first quarter of 2025.

Transmission and system operator National Grid Corp. of the Philippines (NGCP) reiterated Wednesday that the presence of Chinese shareholders in its board is not a threat to national security.

Two House of Representatives members have came out to debunk the alleged franchise violations of transmission company National Grid Corporation of the Philippines (NGCP).

Consumers will face higher ancillary charges in their February power bill after the Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from consumers covering 70 percent of the uncollected payments in the ancillary reserve market.