YUCHENGCO-LED PetroEnergy Resources Corp. is acquiring the entire stake held by Thailand’s BCPG Public Co. Ltd. for P1.9 billion to take full control of the 49.2-megawatt (MW) Nabas wind farm in Aklan.
ILOILO CITY power consumers served by MORE Electric and Power Corp. (MORE Power) will pay less in the December billing cycle after the power distributor reduced rates by 4.2%.
THE Department of Energy (DoE) will install 170-kilowatt-peak (kWp) rooftop solar panels with battery storage in four public health facilities in Lanao del Sur to help ensure uninterrupted delivery of essential medical services.
THE PHILIPPINES signed technical assistance agreements with the UK for its offshore wind and microgrid industries, the Department of Energy (DoE) said in a statement.
ACEN CORP., the Ayala group’s energy company, has secured a loan of up to P15 billion from the Metropolitan Bank and Trust Co. (Metrobank) to finance its existing and new renewable energy projects, including solar and wind farms.
MANILA, Philippines — Department of Energy (DOE) Secretary Sharon Garin led the formal opening of Maibarara Geothermal Inc. (MGI) Visitor Center located inside the Maibarara Geothermal Power Facility (MGPF) complex in Sto. Tomas, Batangas, attended by MGI partners PetroGreen Energy Corporation (PGEC), ACEN and PNOC-Renewables Corporation (PNOC-RC).
THE government’s electricity discount program for senior citizens is facing challenges due to the ageing population and overlaps with other energy subsidies, the Philippine Institute for Development Studies (PIDS) said.
The Department of Energy (DOE), Management Association of the Philippines (MAP), and Razon-led Prime Energy formalized a three-year Joint Energy Action Agenda (JEAA) for 2026-2029.
THE Energy Regulatory Commission (ERC) granted approval to the National Grid Corp. of the Philippines (NGCP), which is seeking to build the Milaor 500-kilovolt Substation Project in Camarines Sur to accommodate the additional power to be generated by offshore wind farms.
The Power Sector Assets and Liabilities Management Corp. has closed the sale of the Caliraya-Botocan-Kalayaan Hydroelectric Power Plants (CBK HEPP) last week.