THE WINNING BIDDER in the auction to build the Philippines’ new nuclear power plant will have the option to negotiate a sovereign guarantee and other forms of government support to mitigate the risks associated with the pioneering project, according to guidelines being drafted by the government.
Nuclear energy is increasingly being viewed not as a quick fix but as a long-term strategic investment that could help Asian countries strengthen energy security, support economic growth, and sustain the clean energy transition, according to experts gathered at the Asian Clean Energy Forum (ACEF) 2026 hosted by the Asian Development Bank (ADB).
THE Department of Energy (DOE) announced on Wednesday it has expanded its “Solar Solutions for Government: Energy Efficiency and Renewable Energy in Public Buildings” (SSG-ERPB) initiative, with six additional Metro Manila local government units (LGUs) signing a Memorandum of Agreement (MOA) to implement rooftop solar and energy-efficient retrofits in public buildings.
MANILA – The Marcos administration’s decision to place energy security at the center of its development agenda will help ensure long-term economic resilience and support the transition to a sustainable energy system, Energy Secretary Sharon Garin said.
Renewable energy alone will not automatically translate to lower electricity costs unless consumers are given greater freedom to choose their power suppliers, according to Mabuhay Energy Corporation (MECO) President and CEO Jacqueline Castillo.
The Philippine Economic Zone Authority (PEZA) is banking on the government’s newly issued investment framework to drive renewable energy (RE) investments into the country’s ecozone system.
Power distributor Manila Electric Co. (Meralco) has started looking for suppliers for 600 megawatts (MW) of electricity under a 15-year contract, as the company seeks to ensure reliable supply and competitive rates for its customers in the coming years.
THE National Power Corporation (NPC) on Wednesday assured that Mindanao’s key hydropower assets, which have been offline owing to technical problems, will fully return to service in August.
Cebu-based Vivant Energy Corp. (VEC) has acquired a 100 percent stake in Samar Philippines Renewable Corporation, giving the power firm full control of a 200-megawatt (MW) utility-scale wind development in the central Philippines.
The Department of Energy released draft guidelines for a tender to build the country’s pioneer nuclear power plant, featuring a staggered delivery period starting in 2038.