OIL PRICES are set to further rise next week amid supply disruptions due to the escalating conflict in the Middle East, Energy Secretary Sharon S. Garin said.
THE DEPARTMENT of Energy (DoE) has identified four potential sites in Luzon and Visayas that may house the country’s planned nuclear power projects, an official said.
POWER DISTRIBUTOR Manila Electric Co. (Meralco) said it is awaiting a decision from the Energy Regulatory Commission (ERC) on its application to collect P7.98 billion in under-recoveries filed nearly three years ago.
Renewable energy provider First Gen Corp. has been tapped to power two high-end properties in Filinvest City with geothermal energy, supporting the buildings’ commitments to sustainability and energy efficiency.
Nickel Asia Corp. (NAC) plans to spend P11.72 billion for 2026 capital expenditures, prioritizing renewable energy projects even as it reduces its mining budget by P300 million from the previous year, company officials said in a virtual briefing.
SMC Global Light and Power Corp. (SGLPC) is proposing to develop a 135-megawatt peak solar project in Quezon province to bolster the Luzon grid and support the national transition toward sustainable energy.
THE Department of Energy (DoE) said it will require developers with proposed renewable energy (RE) plants generating at least 10 megawatts (MW) to pair them with energy storage systems (ESS), citing the need to support grid stability and deepen clean energy penetration.
THE ENERGY REGULATORY COMMISSION (ERC) has given Manila Electric Co. (Meralco) the go‑ahead to start sourcing 21 megawatts (MW) of renewable energy from Santa Cruz Solar Energy, Inc. (SCEI), a subsidiary of ACEN Corp.
The sheriff of the Regional Trial Court-Panabo Branch 4 has taken possession of distribution assets in the Island Garden City of Samal, formerly operated by Northern Davao Electric Cooperative, and turned over control to Davao Light and Power Co. Inc.
The group of businessman Manuel Pangilinan (Meralco) has no plans to acquire the remaining interest of businessman Leandro Leviste in SP New Energy Corp. (SPNEC) who is reportedly negotiating a stake sale to a foreign investor.