MANILA – The Department of Energy (DOE) on Tuesday said any move to suspend, cut, or remove the value added tax (VAT) imposed on electricity needs to be balanced between its benefit to the consumers and the government’s fiscal position.
THE Energy Regulatory Commission (ERC) has approved Manila Electric Co.’s (Meralco) P16.37-billion capital expenditure (capex) program filed nine years ago, allowing the utility to proceed with projects to expand and rehabilitate its distribution system, subject to cost review and verification.
Alsons Power Group is strengthening its outage reporting and crisis response capabilities through a series of training workshops conducted in coordination with the Energy Regulatory Commission (ERC), as power generators continue to align operations with evolving regulatory requirements.
The Malampaya Phase 4 (MP4) project is progressing with subsea installation and pipelaying works offshore Palawan, marking a pivotal step toward integrating new gas resources into the country’s primary natural gas facility.
The pending application for refund of the Manila Electric Co. (Meralco) amounting to around P9 billion is expected to bring relief to its customers.
The Department of Energy (DOE) has issued Certificates of Good Standing (COGS) to two onshore wind projects under Airstream Renewables Corp., the wind energy development arm of NexGen Energy Corp., confirming the company’s compliance with its service contracts and regulatory requirements.
Japanese firm Challenergy Inc. has proposed deploying vertical-axis wind turbines in Eastern Samar to provide emergency power for disaster-prone and off-grid communities.
The Provincial Government of Northern Samar has committed to advancing a cleaner, more resilient, and affordable energy system through renewable energy, following a multi-day planning workshop with the Institute for Climate and Sustainable Cities (ICSC).
GreenHeat Corp. is urging consumers to consider solar rooftop systems as a practical, long-term solution to rising electricity costs, as volatility in global fuel prices continues to impact power rates in the Philippines.
Repower Energy Development Corporation (REDC) is expanding its renewable energy portfolio through the planned incorporation of a new wholly owned subsidiary, MF Hydropower Corp., which will focus on developing projects across multiple technologies.