Alternergy Holdings Corporation has installed the first wind turbine generator for its Alabat Wind Power Project in Quezon, marking a key milestone in the development of the renewable energy facility.

The Bank of the Philippine Islands (BPI) has extended a PHP 6.1-billion project finance facility to renewable energy developer Cornerstone Energy Development, Inc. (CEDI) to support the development of a 58.5-megawatt onshore wind power project in Libmanan, Camarines Sur.

Advent Upgrade Solar Inc. (AUSI), a joint venture between Aboitiz Power Distributed Renewables, Inc. (APx) and Upgrade Energy Philippines (UGEP), has installed a 793.6-kilowatt-peak (kWp) rooftop solar photovoltaic (PV) system at the manufacturing facility of Marcel FoodSciences, Inc. in Sibonga, Cebu.

Oil prices are set to increase by P17 to P24 per liter this week, but the hike will be spread over seven days instead of being implemented in a single day, Energy Secretary Sharon Garin said.

MANILA – The Philippine Competition Commission (PCC) has cleared the partnership between Alternergy Holdings Corp. and ABC Energy, Inc. for the development of power plants in Southern Luzon that would produce 192 megawatts (MW) of renewable energy (RE).

LAOAG CITY – The Ilocos Norte Electric Cooperative (INEC) formally signed a one-year emergency power supply agreement (EPSA) with Therma Luzon, Inc., which operates under Aboitiz Power Corp., to stabilize and secure the province’s power supply during summer, officials announced Tuesday.

MANILA – The Manila Electric Company (Meralco) increased its power rate by PHP0.6427 per kilowatt hour (kWh) for the March 2026 billing due to higher transmission and generation charges, the utility firm announced Tuesday.

Department of Energy Secretary Sharon Garin on Monday expressed support for a proposed measure that would allow President Ferdinand Marcos, Jr. to suspend excise taxes on oil, saying a two-month suspension could lower diesel prices by as much as P6 per liter.

MANILA ELECTRIC CO. (Meralco) has signed a memorandum of understanding (MoU) with Korea Hydro & Nuclear Power (KHNP) and the Export-Import Bank of Korea (KEXIM) to collaborate on the development of nuclear energy projects in the Philippines.

Ayala-led ACEN Corp. announced that lower wind generation, reduced solar irradiance, and weaker prices at the Wholesale Electricity Spot Market (WESM) dragged down its consolidated net income by 60 percent despite better renewable output in 2025.