THE Aurora Pacific Economic Zone and Freeport Authority (APECO) said it took in investment pledges worth P18 billion, most of them involving renewable energy and defense projects.

Power consumers in Western Visayas will have to pay more for electricity this month as distributors announced upward adjustments in their rates due to higher prices at the Wholesale Electricity Spot Market (WESM).

The proposed 80-megawatt Alegria Wind Power Project has secured a key local endorsement after the Cebu Provincial Development Council (PDC) Executive Committee approved a resolution supporting its development and interposing no objection to the project.

Six of seven earthquake-affected municipalities in Sarangani province have had their power restored, with restoration efforts now focused on the remaining town of Glan, the National Electrification Administration (NEA) said.

When Virto Solar was founded in Belgium in 2019, the company was not trying to reinvent solar technology. Instead, it was focused on a challenge familiar to many engineers: too much time spent on repetitive work, disconnected tools, and inefficient workflows.

Meralco PowerGen Corp. (MGEN), Meralco’s power generation arm, has announced a leadership reshuffle across its generation business, appointing new executives to lead its thermal power platform while assigning outgoing thermal chief Felino “Lino” Bernardo to oversee major energy transition and growth projects.

The Energy Regulatory Commission (ERC) said it facilitated PHP 21.3 billion in refunds for electricity consumers during the first 10 months of Chairperson and CEO Atty. Francis Saturnino C. Juan’s tenure, highlighting the figure as it marked its 25th anniversary this month.

MANILA – Department of Energy (DOE) officials are hopeful for the sustained drop in fuel prices as the initial peace deal between the United States and Iran are scheduled to be signed later this week.

THE National Grid Corporation of the Philippines (NGCP) said on Monday that overall average transmission rate for the May billing period went down by 9.33 percent to P1.4492 per kilowatt hour (kW) from P1.5983/kWh in April.

PRESIDENT Ferdinand Marcos Jr. will lead efforts of the Association of Southeast Asian Nations (Asean) in seeking greater cooperation on energy and culture with Moscow as well as economic engagements with the Eurasian Economic Union (EAEU) during the Asian regional bloc’s commemorative summit with Russia this week, according to the Department of Foreign Affairs (DFA).