Iloilo City-based MORE Electric and Power Corporation on Monday announced a reduction in electricity rates for May 2026 amid upward pressure on global commodity prices due to the Middle East crisis.
The Department of Energy (DOE) on Friday said sanctions will be imposed on energy sector stakeholders if they are found to have committed lapses that contributed to the forced outages of several power plants.
The Energy Regulatory Commission (ERC) has raised and imposed a limit on the weighted average cost of capital (WACC) for the National Grid Corporation of the Philippines (NGCP).
When recent discussions around stricter enforcement against the growing number of unregistered solar installers surfaced, it framed the issue as a quality and safety problem. Indeed, even the private utility Meralco waded in by calling some “guerrilla” solar setups.
The Department of Energy (DOE) has reaffirmed its support for Aboitiz Renewables Inc.’s expanding clean energy portfolio, highlighting the company’s 221-megawatt-peak (MWp) Olongapo Solar Power Plant as one of the government’s priority renewable energy projects.
THE latest rotating blackouts across Luzon and Visayas, which sparked an investigation by the energy regulators amid alarm from business groups, underscore the systemic risks created by concentrating generation and transmission infrastructure in a limited number of large facilities and critical corridors, according to the nongovernment Institute for Climate and Sustainable Cities (ICSC).
San Miguel Global Power Holdings Corp. (SMGP), the energy arm of billionaire Ramon S. Ang’s conglomerate, has accelerated its shift toward cleaner energy, deploying nearly half of the proceeds from its recent ₱30 billion bond issuance to fund solar and hydroelectric developments.
The Asian Development Bank (ADB) has expressed readiness to provide up to USD 1.75 billion in additional financing to the Philippines to help manage the economic fallout from the ongoing Middle East conflict, following a courtesy call between ADB President Masato Kanda and Philippine President Ferdinand R. Marcos Jr. at Malacañang Palace on Friday.
The Philippines is sharpening its bid to become a regional hub for artificial intelligence, renewable energy, and resilient manufacturing, as ASEAN economies navigate geopolitical shocks and shifting investment flows.
Customers of Razon-led Negros Electric and Power Corporation (Negros Power) should expect lower electricity bills this month.