ELECTRICITY demand growth outpaces new supply across major regions, possibly signaling a severe power shortage.
Solviva Energy, a residential solar startup backed by AboitizPower Corp., expects strong growth this year as the conflict in the Middle East pushes up fuel and electricity prices, driving Filipino households toward rooftop solar.
Solviva Energy, a residential solar startup backed by Aboitiz Power Corp., is expanding its reach due to rising rooftop solar demand and new, simplified government installation rules.
THE Department of Energy (DOE) will convene industry stakeholders on Friday to solicit input on the proposed guidelines for the country’s first nuclear power generation capacity auction.
SENATE President Sherwin Gatchalian urged the Energy Regulatory Commission (ERC) to investigate the prolonged shortage of electricity in Visayas and Mindanao that has caused substantially higher power rates in those regions compared to Luzon.
Lawmakers have expressed dismay over the Department of Energy’s response to the continuing power shortage in the Visayas, with the DOE admitting to legislators that there was no “immediate solution.”
Mabuhay Energy Corporation said retail electricity competition will struggle to deliver lower prices if affordable generation cannot reach consumers because of transmission constraints.
ACEN Corp. said Monday it has surrendered the solar energy operating contracts (SEOC) of two subsidiaries, citing problems related to land acquisition and site access.
MANILA – The Philippines is stepping up efforts to accelerate clean energy development and attract more foreign investment to reduce dependence on imported fossil fuels and strengthen the country’s energy security, Environment Secretary Juan Miguel Cuna said on Monday.
First Gen Corporation is planning to invest up to ₱160 billion through 2031 to expand its renewable energy portfolio and support the Philippines’ transition toward cleaner power generation.