Alternergy Holdings Corp. has secured an investment-grade PRS Aa minus rating with a Stable Outlook from Philippine Rating Services Corp. (PhilRatings) for its proposed issuance of up to Php 2 billion in fixed-rate corporate notes, giving the renewable energy developer a stronger footing as it ramps up project development.
Citicore Renewable Energy Corp. (CREC) posted a 92% increase in net income to PHP .2 billion in the first half of 2026, as newly energized renewable energy plants lifted margins and strengthened the company’s earnings base.
THE Energy Regulatory Commission (ERC) is assessing whether businessman Ramon S. Ang’s acquisition of a 25.68% stake in Lopez, Inc. could trigger market-share caps, cross-ownership limits, or other restrictions in the power sector, its chairman said.
The Energy Regulatory Commission (ERC) facilitated PHP 71.3 billion in consumer refunds while approving 250 Power Supply Agreement (PSA) cases and 144 capital expenditure (CAPEX) projects during the first year of Chairperson and Chief Executive Officer Francis Saturnino C. Juan.
THE Department of Energy (DoE) said it hopes that the plan by Maharlika Investment Corp. (MIC) to invest P19.7 billion in the National Grid Corp. of the Philippines (NGCP) will conclude this year.
The Energy Regulatory Commission (ERC) of the Philippines has reported significant progress in regulatory approvals, consumer protection, market access, and energy transition initiatives during the first year of Chairperson and CEO Atty. Francis Saturnino C. Juan.
National Grid Corp. of the Philippines (NGCP) said the Visayas grid has been under a yellow alert for more than two months and warned the alerts could persist unless idled power plants return to service.
The 600-megawatt (MW) Wawa pumped storage hydroelectric power plant (PSHPP) project of Olympia Violago Water & Power Inc. (OVWPI) will be ready in the first quarter of 2030.
The deliberations on EPIRA amendment took traction specially when President Ferdinand R. Marcos Jr. made a call for the removal of system loss charge to ease the burden to electricity consumers. The removal of system loss charge is expected to be highly contentious issue in the congressional deliberations. But the VAT removal on system loss…
The Philippines used its 2026 chairship of the ASEAN Network of Regulatory Bodies on Atomic Energy (ASEANTOM) to advance regional cooperation on nuclear safety, security, safeguards, emergency preparedness, and regulatory capacity during the network’s 13th annual meeting in Manila from August 11 to 13.