THE GOVERNMENT will turn over the 796.64-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power complex in Laguna to the winning bidder Thunder Consortium by February 2026, according to the Power Sector Assets and Liabilities Management Corp. (PSALM).
MANILA, Philippines — The Board of Investments (BOI) has granted green lane status to the five onshore wind energy projects of Cleantech Global Renewables Inc. (CTGRI) worth P108 billion for faster processing of permits.
MANILA, Philippines — With the expected influx of liquefied natural gas (LNG) imports, electricity prices in the Philippines are expected to increase further over the next four years, according to climate research groups.
Ang-led San Miguel Global Power Holdings Corp. (SMGP) is tapping the offshore debt market again, this time planning to issue up to $150 million worth of senior perpetual capital securities.
A PHP0.49 per kilowatt-hour increase in Manila Electric Company’s (Meralco) July rates has been attributed to higher generation charges, driven by a surge in oil prices following the Iran-Israel conflict and the depreciation of the Philippine peso.
ILOILO CITY—Jin Navitas Solaris on Friday broke ground on a 62-megawatt (MW) solar power plant in Barangay Tipacla, Ajuy, Iloilo province, marking a significant step towards reducing reliance on fossil fuels and meeting the region’s growing demand for sustainable energy.
The Department of Energy (DOE) is optimistic about the ongoing Malampaya drilling operations off northwest Palawan to extend the life of the country’s key natural gas field.
At least 24 electric cooperatives (ECs) secured P1.54 billion in loans from the National Electrification Administration (NEA) during the first half of the year, the NEA’s Accounts Management and Guarantee Department (AMGD) reported.
The draft circular on nuclear power, which will be discussed during a public consultation next week, proposes to give power distribution utilities (DUs) another option to meet demand, a Department of Energy (DOE) official said on Wednesday.
NEXGEN ENERGY CORP. is seeking foreign partners to help develop its pipeline of renewable energy projects, its president said.