Residents of Siquijor Island are hopeful for a new chapter of stable electricity as a new power supplier prepares to take over to end months of disruptive outages that have crippled the island’s economy.

Synergy Grid & Development Phils. Inc. announced Thursday that its board approved a second-quarter cash dividend of P1.829 billion from the company’s retained earnings.

THE PHILIPPINES will need a budget of up to P70 billion to achieve full electrification by 2028, but next year’s budget would cover only a small portion of the requirement.

MANILA ELECTRIC CO. (Meralco) is seeking Energy Regulatory Commission (ERC) approval for a 20-year renewable energy (RE) supply deal with First Quezon Biogas Corp. (FQBC), which is expected to generate P15.2 million in consumer savings.

MANILA, Philippines — The government has missed the mark in its fourth green energy auction (GEA-4), with subscriptions underperforming against the installation target of 10,653 megawatts (MW).

THE Department of Energy (DoE) plans to begin accepting applications for nuclear energy projects by 2026 as part of efforts to introduce nuclear power into the country’s energy mix by 2032.

The Philippine Electricity Market Corp. (PEMC) said Thursday the implementation of a reserve market has drastically reduced red and yellow grid alerts, a sign of improved power supply stability.

THE Nuclear Energy Program-Inter-Agency Committee (NEP-IAC) began discussions with concerned agencies on nuclear energy’s environmental impact, the Department of Energy (DOE) said Thursday.

The local subsidiary of Taiwan Fructose Co. Ltd. will source geothermal power from First Gen Corp. for its production and logistics facility in Batangas province as part of the Taiwanese company’s broader sustainability efforts.

The Philippines is prioritizing the use of local natural gas over imports to bolster the country’s energy security and reduce its reliance on global supply chains.