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.
Manila Electric Company (Meralco) has energized its new Bustos Substation in Bulacan, adding capacity to its distribution network as electricity demand continues to grow in the province.
First Gen Corp. confirmed Wednesday that global investment firm KKR has submitted a preliminary proposal to First Philippine Holdings Corp. to acquire an 8.43 percent stake in the Lopez-led power company.
Itinutulak ni Pangulong Ferdinand R. Marcos Jr. nitong Martes ang pagpapatupad ng waste-to-energy program bilang hakbang upang matugunan ang lumalaking problema sa basura at makapagbigay ng karagdagang suplay ng kuryente.
The Energy Regulatory Commission (ERC) has proposed a draft resolution to remove the 12-percent value-added tax (VAT) on system loss charges, aiming to lower electricity bills for consumers.