The Energy Regulatory Commission (ERC) has approved a second interim extension of a power purchase agreement between Manila Electric Co, (Meralco) and First Gas Power Corp. (FGPC) to ensure stable electricity supply through the 2026 dry season.
MANILA, Philippines — The government has issued rules to streamline local permits for net-metering applications to facilitate the faster rollout of the program aimed at promoting renewable energy (RE) use.
THE green energy auction (GEA) round for offshore wind could take place by the third quarter after the Energy Regulatory Commission sets the ceiling price for project developers next month, Energy Undersecretary Giovanni Carlo J. Bacordo told reporters last week.
To ensure timely project execution, the Department of Energy (DOE) has tweaked the terms of reference for the Fifth Round of the Green Energy Auction (GEA-5) for fixed-bottom offshore wind (OSW).
Valero Grand Suites by Swiss-Belhotel has tapped First Gen Corp. for the supply of renewable energy (RE) to the 271-room upscale hotel in Makati City.
The Energy Regulatory Commission is set to issue an advisory directing power distributors and electric cooperatives to submit comprehensive data on electricity bill deposits to assess the potential impact on their operations.
SB CAPITAL INVESTMENT Corp., the investment banking arm of Security Bank Corp., has closed a P2.015-billion financing facility for a solar power project in San Pablo, Isabela, as part of the bank’s push to support renewable energy.
DMCI POWER Corp. (DPC) said it expects a government decision by the second quarter (Q2) on its proposal to build a P3-billion submarine cable linking the islands of Semirara and Mindoro.
Stark Wind Energy Corp. is keen on making a large-scale investment in a wind power project which will have a capacity of 200 megawatt (MW) in Bohol province.
The Manila Electric Co. (Meralco) on Wednesday said the P0.2816 per kilowatt hour (kWh) rate increase authorized by the Energy Regulatory Commission (ERC) would have a minimal impact on its customers.