PNB Holdings Corp. (PHC), the real estate holding arm of Philippine National Bank, will source 5 megawatts (MW) of renewable energy (RE) from the First Gen Group (First Gen).
he Energy Regulatory Commission (ERC) has approved San Ildefonso Alternative Energy Corp. (SIAEC) to develop and own the dedicated facilities needed to connect its 22.004-megawatt-peak (MWp) Bulacan 2 Solar Power Plant to the Manila Electric Company (Meralco) distribution system.
The proposed joint venture agreement between the South Cotabato II Electric Cooperative (SOCOTECO II) and Razon-Pacquiao-led Ignite Power seeks to reduce the system loss charges passed on to consumers to 5.5%.
Senate President Sherwin Gatchalian on Saturday called for urgent reforms to lower electricity costs amid sluggish economic growth and the country’s increasing exposure to global energy shocks.
The Department of Energy (DOE) has simplified the rules for own-use solar installations, removing several permitting and compliance requirements for households, clinics, hospitals, and small businesses.
LISTED renewable energy developer Raslag Corp. will develop the two phases of its biggest solar project simultaneously as it targets commercial operations by 2028, with the project’s scale posing a financing challenge for the company.
JDC One Acacia Corporation has contracted 0.6 megawatt (MW) of retail electricity supply for its 22-storey JEG Tower under the Retail Competition and Open Access (RCOA) framework.
The Energy Regulatory Commission (ERC) is imposing a strict “no-adjustment” policy on upcoming natural gas supply agreements, mandating that electricity rates remain fixed for up to 25 years to insulate consumers from future power bill shocks.
Consumers will get four more months of relief from electricity costs after the Energy Regulatory Commission (ERC) extended the suspension of the ₱0.0371-per-kilowatt-hour Green Energy Auction Allowance (GEA-All) charge through December 2026.
THE Energy Regulatory Commission (ERC) is set to challenge the ruling of the Court of Appeals (CA) that voided its earlier decision to revoke the operating permits of Siqujor Island Power Corp. (Sipcor).