THE Power Sector Assets and Liabilities Management (Psalm) Corp. has significantly reduced its assumed debts from the National Power Corp. (Napocor) last year to P260.6 billion from P274 billion in 2024.

MANILA, Philippines — ACEN Corp. has entered into a renewable energy supply deal to power the local operations of Japanese supply chain provider Yusen Logistics.

The Department of Energy (DOE) is moving to decentralize the approval process for hydrogen investments, handing more authority to investment promotion agencies (IPAs) to speed up the rollout of the emerging technology.

First Gen Corp., the power generation arm of the Lopez family, has expanded its partnership with Jollibee Foods Corp. to supply the restaurant giant with renewable energy for nearly all the electricity needs of its key manufacturing facilities.

MANILA – The Energy Regulatory Commission (ERC) has approved a lower annual revenue requirement (ARR) of PHP374.98 billion for the National Grid Corporation of the Philippines (NGCP) for 2023–2027 under its fifth regulatory reset (5RP).

Manila Electric Co (Meralco) has applied for an average distribution tariff of P2.34 per kilowatt-hour with the Energy Regulatory Commission to fund a P272-billion capital expenditure program from July 2026 to June 2030.

THE GOVERNMENT has officially turned over the 797-megawatt (MW) Caliraya-Botocan-Kalayaan hydroelectric power plant (CBK HEPP) complex in Laguna to a consortium led by Aboitiz Renewables, Inc., the renewable energy arm of Aboitiz Power Corp. (AboitizPower).

LISTED holding company AbaCore Capital Holdings, Inc. said the study on the potential Batangas wind farm with state-run Philippine National Oil Co. (PNOC) has been extended until Feb. 29, 2028, giving the latter additional time to assess the site’s viability.

KALAYAAN, Laguna – The Power Sector Assets and Liabilities Management Corp. (PSALM) is reviewing two rehabilitation proposals for the Agus-Pulangi Hydropower Complex (APHC) and may approve one in 2027.

State-run Power Sector Assets and Liabilities Management (PSALM) Corp. transferred the 796.56-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex to Thunder Consortium on Monday.