EvoEnergi, a retail electricity supplier (RES) under the D&L Industries group of companies, has officially switched on the country’s first two residential retail aggregation groups.
State-run Land Bank of the Philippines (Landbank) has provided an ₱800-million financing facility to Archipelago Renewables Corp. (ARC) to support rural electrification, benefiting more than 7,000 households and over 300 small businesses.
The Department of Energy on Monday issued 175 show-cause orders to power generation companies across the country for operational violations including forced outages, prolonged capacity deratings and failure to deliver committed power capacities.
The Energy Regulatory Commission (ERC) has adopted new rules establishing a framework for computing transmission, system operation, and metering charges in off-grid areas, aiming to improve electricity service in remote and underserved communities.
The Energy Regulatory Commission (ERC) has extended the suspension of the Green Energy Auction Allowance (GEA-All) collection for another two months, as the government seeks to ease electricity costs while the country remains under a national state of energy emergency.
A Brown Co. Inc. said Monday its subsidiary Manolo Fortich Power Corp. has received a certificate of authority from the Department of Energy for its solar power project in Bukidnon province.
The Department of Energy announced significant progress under its Task Force 200 initiative Monday, noting that 40 energy projects with a combined capacity of 1,500 megawatts were completed this year.
The Department of Energy (DOE) said domestic fuel price movements are beginning to stabilize, with the latest adjustment range for June 30 to July 6 showing smaller swings compared with previous weeks of heightened volatility.
SHARES of Synergy Grid & Development Phils., Inc. declined last week as investors weighed the company’s unchanged quarterly dividend alongside new Energy Regulatory Commission (ERC) rules governing the construction of transmission facilities.
The Department of Energy on Monday welcomed the implementation of the expanded Retail Competition and Open Access and Retail Aggregation Program to bring the benefits of power sector reforms to ordinary consumers.