Vivant Energy Corporation has announced that its subsidiary, Calamian Islands Power Corp. (CIPC), has entered into a power supply agreement (PSA) with Busuanga Island Electric Cooperative, Inc. (BISELCO) to address Palawan’s rising energy demand.

The Department of Energy (DOE) awarded a certificate of authority (COA) for Basic Energy Corp.’s planned 43-megawatt-peak Cadiz 1 solar power project in Negros Occidental.

SN Aboitiz Power (SNAP), the Aboitiz group’s renewable energy (RE) provider, has begun construction of Benguet’s first battery energy storage system (BESS) facility.

THE Energy Regulatory Commission (ERC) has approved Manila Electric Co.’s (Meralco) purchase of the remaining 290 megawatts (MW) under its 1,200-MW power supply contract with San Miguel Group’s South Premiere Power Corp. (SPPC).

MANILA, Philippines — Aboitiz-backed SN Aboitiz Power Group (SNAP) has started the development of another battery energy storage system (BESS), this time a 40-megawatt (MW) facility in Itogon, Benguet.

MANILA, Philippines — The country’s transmission network can still accommodate over 10,000 megawatts (MW) of capacity from new power plants, according to the National Grid Corp. of the Philippines.

Taiwan’s Giga Solar Materials Corp., one of the world’s top three suppliers of solar conductive pastes, said its renewable energy development subsidiary Whole Sun Green Power Co. Ltd. (Wholesun Energy) signed an agreement to collaborate with local firm Wyn Power Corp. to develop a 50-megawatt peak solar power project in Taysan, Batangas.

Citicore Energy REIT Corp. (CREIT) said Tuesday it will pay a fourth-quarter dividend of P0.055 per share, up from P0.054 a year earlier.

LISTED company Vivant Corp. reported an attributable net income of P2.4 billion for 2024, up 3% from the previous year, driven by growth in its energy business.

US firm Valar Atomics plans to build a “micro high temperature gas reactor” in partnership with the Philippine Nuclear Research Institute as a “proof of concept.”