The consortium led by the Aboitiz conglomerate emerged victorious on Friday, July 4, as it won the right to take over the 797-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants in Laguna—a prime Luzon energy asset—from the state-run Power Sector Asset and Liabilities Management Corp. (PSALM).
SINGAPORE-based Engtek Group’s (Engtek) production facility in Laguna is now fully-powered by renewable energy (RE) from First Gen Corp.
MANILA – An official of the Department of Energy (DOE) on Wednesday cited the need for more public-private tie-ups to meet the government’s goal of increasing renewable energy’s (RE) share in the country’s energy mix to 35 percent by 2030.
The average system-wide power rates in the Philippines’ spot market declined 3.9 percent in June 2025 on lower demand and supply, the Independent Electricity Market Operator of the Philippines (IEMOP) said Thursday.
PANGASINAN, Philippines — Aboitiz Power Corp. is putting solar power at the “forefront” of its clean energy expansion as it actively explores new potential project sites across the Philippines.
POWER distributor Manila Electric Co. (Meralco) expects a recovery in energy sales volume by the second half of the year, driven by a pickup in certain sectors within the commercial and industrial segments.
Clean energy company CostPlus, through its Kidlat EV brand, has equipped a remote, off-grid public school with solar energy and storage, marking a significant step in a joint initiative by the Department of Education (DepEd) and the National Electrification Administration (NEA).
MANILA – Manila Electric Company (Meralco) aims to energize the around 2,000 to 3,000 households in its service area that are located in Department of Environment and Natural Resources-protected sites starting in 2026.
Aboitiz Power Corp.’s (AboitizPower) renewable energy (RE) arm and Lopez-led First Gen Corp. (FGen) are bidding for the Caliraya-Botocan-Kalayaan Hydroelectric Power Plants (CBK HEPP), according to the state-run Power Sector Assets and Liabilities Management Corp. (PSALM).
MANILA, Philippines — Prime Energy, the operator of the Malampaya deep water gas-to-power project – the country’s only indigenous gas field – is positioning itself to play a larger role in securing the Philippines’ long-term energy future.