MANILA, Philippines — Manila Electric Co.’s (Meralco) purchase of emergency power supply during the summer season has resulted in about P10.7 billion in cost savings for its eight million customers.

WM SHOPPING CENTER Management, Inc., the developer of WalterMart malls, has partnered with First Gen Corp. for solar power projects in Luzon.

TACLOBAN CITY – Singaporean firm Vena Energy is investing at least PHP19 billion for the expansion of a 304-megawatt (MW) wind farm in the borders of Northern Samar and Samar provinces.

Robinsons Hotels and Resorts (RHR) signed a power supply agreement (PSA) with Skye Renewables to transition several hotels to renewable energy, reinforcing its commitment to sustainability and reducing its carbon footprint.

DUMAGUETE CITY – The Negros Oriental II Electric Cooperative (NORECO II) is upgrading its substation in Dauin town to address the rising demand for power and quality issues in its service areas.

The Department of Energy’s (DOE) Oil Industry Management Bureau (OIMB) is intensifying its monitoring to ensure full compliance with the mandated 3-percent coconut methyl ester (CME) blend in all diesel fuel sold nationwide.

Alternergy Holdings Corp. said Friday its wholly-owned wind sub-holding Alternergy Wind Holdings Corp. acquired the entire interest of Shell Overseas Investment B.V. in Tablas Strait Offshore Wind Power Corp. (TSOWPC) which is developing the Tablas Strait 1, 2 and 3 offshore wind facilities.

THE Independent Electricity Operator of the Philippines (IEMOP) said it hopes to launch full commercial operations by December for the renewable energy (RE) market serving on-grid participants.

THE green energy auction (GEA) will likely proceed within the year even though the pricing mechanisms have yet to be issued.

MANILA – The Department of Energy (DOE) has partnered with the Kingdom of Saudi Arabia’s (KSA) Ministry of Energy to develop a roadmap to boost their energy cooperation and possible Artificial Intelligence (AI) engagements.