AdventEnergy, the retail electricity arm of AboitizPower, will supply 2 megawatts (MW) of renewable energy (RE) to over 30 percent of China Banking Corp.’s (Chinabank) branches, covering 153 locations across Luzon.
SN Aboitiz Power Benguet Inc. (SNAP-Benguet), has been recognized by the Environmental Management Bureau–Cordillera Administrative Region (EMB-CAR) for its solid waste management initiatives, underscoring the growing focus on environmental stewardship among power generation companies operating in the Philippines.
Julie’s Bakeshop has tapped COREnergy, the retail electricity arm of Vivant Energy Corporation, as its retail electricity supplier for its commissary operations.
A total of 114 on-grid generation facilities failed to respond to show cause orders issued by the Department of Energy (DOE), prompting the agency to place non-responsive power generators under closer scrutiny as it tightens accountability across the generation sector.
Philippine energy regulators are approving renewable energy projects more quickly, helping developer PetroGreen Energy Corp. advance wind, solar and battery storage plants in the Visayas and Luzon regions, the company said.
Berde Renewables, a portfolio company of global infrastructure investor I Squared Capital, has signed a master framework agreement with Sungrow Power and its authorized regional distributor Solar Hive to procure 200 megawatts of solar inverters and 500 megawatt-hours of battery energy storage systems (BESS) over the next three years for projects in the Philippines and…
Average residential electricity rates rose by 9% in June despite lower transmission charges and regulatory relief measures, bringing household power prices closer to levels seen during the 2022 to 2023 global energy crisis, according to the Institute for Climate and Sustainable Cities (ICSC).
First Gen Corporation’s geothermal arm, Energy Development Corporation (EDC), is moving forward with plans to expand its Bacon-Manito Geothermal Project (BMGP) in Bicol by integrating the proposed Botong-Rangas Geothermal Project (BRGP), which could add up to 30 megawatts (MW) of new geothermal generating capacity in Luzon.
Japanese trading house Sumitomo Corp. is looking to expand its investments in the Philippines through railway and energy infrastructure projects, citing opportunities in the country’s transport modernization program.
The Department of Energy (DOE) is ramping up efforts to prepare the country’s electricity distribution utilities (DUs) for the eventual integration of nuclear power, highlighting the sector’s critical role in delivering future nuclear-generated electricity to consumers.