The Philippine Economic Zone Authority (PEZA) signed a memorandum of understanding (MOU) with South Premiere Power Corp. (SPPC) and Linseed Field Corp. (LFC) on July 30 to explore integrated liquefied natural gas (LNG) solutions for economic zones in CALABARZON.

GLOBAL investment firm Kohlberg Kravis Roberts & Co. (KKR) has proposed increasing its stake in Lopez-led First Gen Corp. and launching a tender offer for its remaining public shares, a transaction that could lead to the power producer’s voluntary delisting from the Philippine Stock Exchange (PSE).

MANILA, Philippines — About 200,000 members of the South Cotabato II Electric Cooperative (Socoteco II) will decide next month whether to approve a proposed joint venture with Razon-Pacquiao-backed Ignite Power, as the former faces P2.1 billion in financial losses and an aging network.

The Department of Energy (DOE) has delayed the competitive auction for the country’s largest coal deposit on Semirara Island to as far as November, seeking to overhaul contract terms to channel the vast majority of output toward domestic power generation and secure a larger government royalty share.

House Ways and Means Committee Chair and Marikina 2nd Dist. Rep. Miro Quimbo on Wednesday commended the Energy Regulatory Commission (ERC) for its move to remove the 12% value-added tax (VAT) from system loss charges.

LOCAL GOVERNMENT UNITS (LGUs) have been cleared to tap their development funds to build oil storage facilities and renewable energy infrastructure as the government seeks to mitigate the impact of global fuel supply disruptions.

RENEWABLE energy producer ACEN Corp. said it has completed a maintenance and refurbishment program for its 52-megawatt (MW) NorthWind wind farm in Ilocos Norte, extending the facility’s operating life by up to 10 years.

Semirara Mining and Power Corp.’s decision to retrench employees is an operational move and will not affect the planned auction of the Semirara coal blocks, the Department of Energy said.

Shell Energy Philippines said Wednesday it executed key agreements for the engineering, construction and long-term operations of its planned 30-megawatt/60-megawatt-hour Hermosa Battery Energy Storage System project in Hermosa, Bataan.

Vivant Corporation reported consolidated core net income of PHP 784 million in the first half of 2026, down 19% year-on-year, as unplanned downtime at some of its conventional power plants weighed on earnings.