TAIWAN FRUCTOSE (Philippines), the local subsidiary of global sweetener supplier Taiwan Fructose Co. Ltd., has tapped Lopez-led First Gen Corp. to procure renewable energy to power its production and logistics facility in Batangas.

MANILA – The push to increase renewable energy (RE) sources in the country remains supported by the private sector, as proven by the continued increase in committed projects, an official of the Department of Energy (DOE) said Wednesday.

The Department of Energy (DOE) is confident it will meet its renewable energy (RE) generation targets of 35 percent by 2030 and 50 percent by 2040, as outlined in the Power Development Plan (PDP).

The Department of Energy (DOE) has teamed up with the United Nations Office for Project Services (UNOPS) to study the impact of the country’s energy transition on the local coal industry. The study will look into the effects of closing down coal plants and mines.

MANILA, Philippines — Power prices in the country’s Wholesale Electricity Spot Market (WESM) increased again in August following widespread plant outages that led to a lower supply margin.

ALTERNERGY HOLDINGS CORP. plans to raise funds for its next round of renewable energy (RE) projects by converting 500 million existing common shares into a new series of perpetual preferred shares.

THE Energy Regulatory Commission (ERC) has amended the rules on net metering to streamline and make renewable energy adoption more accessible to qualified end-users, including the rollout of net-metering credits.

PANGILINAN-LED Manila Electric Co. (Meralco) said its subsidiary Meralco Industrial Engineering Services Corp. (Miescor) has completed the acquisition of shares in Customer Frontline Services Corp. (CFS) for P74 million.

The Department of Energy (DOE) has issued a circular setting out the policy and guidelines for integrating the Charging Infrastructure Development Plan (CIDP) into the Philippines’ energy roadmap.

MANILA, Philippines — Meralco PowerGen Corp. (MGen) of tycoon Manuel V. Pangilinan is gearing up to become one of the leading power generation companies in Southeast Asia.