The Department of Energy (DOE) welcomed the Asian Development Bank’s (ADB) recognition of the Philippines as a leading energy responder in the Asia-Pacific region following the government response to global oil market disruptions.
The Manila Electric Co. (Meralco) said, Thursday it will comply the regulator’s directive to suspend disconnection activities for billing periods covering May to July this year.
Civil society and resource justice groups are urging ASEAN leaders to place a “just and inclusive energy transition” at the center of the bloc’s response to the ongoing Middle East energy crisis during the 48th ASEAN Summit in Cebu.
ILAW Pilipinas showcased how tourism businesses in Camiguin, Siquijor, and Masbate are suffering major financial losses due to unstable electricity supply and rising power costs, with some enterprises reporting losses of up to PHP 100,000 per day during blackouts.
Energy producer SPC Power Corp. is allocating ₱3 billion for capital expenditures to accelerate its shift toward renewable energy and energy storage, targeting the deployment of significant new capacity later this year.
ASEAN energy experts said the ongoing global energy crisis is accelerating renewable energy adoption across Southeast Asia, with the Philippines seeing a sharp rise in rooftop solar demand as consumers seek protection from volatile electricity and fuel prices.
SPC Power Corp. is allocating P3 billion for capital expenditures this year to fund battery energy storage systems and solar projects as the company pivots toward renewable energy solutions.
Renewable energy developer Vena Energy has begun construction of two utility-scale solar projects in Ilocos Norte, reinforcing the province’s role as a key hub in the Philippines’ expanding renewable energy landscape.
The Lopez family majority has raised fresh concerns over governance and financial risk within First Philippine Holdings (FPH), warning that key subsidiaries could be pushed into default if leadership changes occur at First Gen Corporation.
Members of the Senate on Tuesday discussed international nuclear safety treaties and raised concerns over disaster preparedness for a potential nuclear energy program.