SINGAPORE-BASED Vena Energy has obtained full financing from a group of international banks for its 300-megawatt (MW) solar project in Ilocos Norte, marking the first US dollar-denominated project financing in the Philippines’ renewable energy sector funded solely by foreign lenders.

The Energy Regulatory Commission (ERC) has modified the 2025-2028 market transaction fees for Independent Electricity Market Operator of the Philippines (Iemop) to reflect the cost for operating the Electricity Market Management System (IEMMS) for the four-year period.

MANILA, Philippines — The decision on extending Semirara Mining and Power Corp.’s (SMPC) coal operating contract beyond 2027 could be issued early next year, the Department of Energy (DOE) said.

The Department of Energy (DOE) said Thursday it is willing to sit down with the Philippine Competition Commission (PCC) and hold discussions on delayed Green Energy Auction Program (GEAP) projects.

THE Visayas grid was briefly placed on yellow alert following outages at several power plants, the National Grid Corp. of the Philippines (NGCP) said.

MANILA, Philippines — Tycoon Manuel V. Pangilinan’s Meralco PowerGen Corp. (MGEN) has clinched six international accolades for its renewable energy (RE) investments in the Philippines.

ALTERNERGY HOLDINGS Corp. has received clearance from the National Grid Corp. of the Philippines (NGCP) on its system impact studies (SIS), confirming that the grid can accommodate up to 500 megawatts (MW) of renewable energy (RE) projects.

MANILA — Major Philippine business groups and one of the country’s largest labor federations on Wednesday endorsed a congressional measure seeking to remove value-added tax (VAT) on electricity sales.

SPANISH renewable energy firm Grupo Enhol is considering the Philippines for projects as part of its expansion of operations in Asia Pacific, Board of Investments (BOI) said on Wednesday.

Sunwest Water and Electric Co. Inc. (Suweco) and Suweco Tablas Energy Corp. (STEC) are asking energy agencies for advice in relation to a court decision that froze their financial accounts, as this could result in power outages in the islands of Catanduanes and Tablas.