SAN AGUSTIN, Romblon (PIA) — A newly installed solar energy system is helping reduce the electricity costs of an ice plant serving fisherfolk and small businesses in San Agustin, Romblon.

MANILA, Philippines — The Marcos administration aims to raise P101.5 billion from privatization next year, primarily from the sale of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power complex and the rehabilitation of the Agus-Pulangi hydropower assets, according to the Department of Finance.

The Department of Energy (DOE) is turning to battery energy storage systems (BESS) and the possible transfer of existing power barges to the Visayas as it looks to ease tight supply conditions in the Visayas and Mindanao grids.

Unlimited Renewables Holdings B.V. (URH), a subsidiary of ACEN Corp., has finalized agreements for Diamond Renewables One B.V. (DIRO) to acquire up to 49 percent of Avana Renewables Private Ltd., starting with an initial 10-percent stake.

Southeast Asia will need around USD 200 billion in annual energy investment by 2030, with roughly 75% or USD 150 billion expected to go toward clean energy, according to the ASEAN Centre for Energy (ACE).

Meralco PowerGen Corporation (MGEN) and One Meralco Foundation (OMF) have formalized a PHP 20.3 million commitment to support community development programs across Luzon and the Visayas.

THE National Electrification Administration (NEA) said electric cooperatives (ECs) are moving to reduce system losses following a round of investments, citing improvements in Zamboanga City Electric Cooperative, Inc. (ZAMCELCO).

QUEZON CITY (PIA) — As torrential rains fueled by the enhanced Southwest Monsoon (Habagat) inundate major portions of Luzon, flooding communities and placing immense strain on local power grids, the threat to public safety extends far beyond rising floodwaters.

GoodSam Medical Center in Cabanatuan City has become the first medical facility in Nueva Ecija to transition its electricity supply to renewable energy through a retail power supply agreement with First Gen.

GOLDILOCKS Bakeshop, Inc. has inaugurated new rooftop solar facilities in Cebu and Pangasinan, increasing its total installed solar capacity to 1,010 kilowatt-peak (kWp).