CEBU CITY—The Department of Energy (DOE) is ramping up efforts to augment power supply in the Visayas as the region continues to grapple with recurring yellow and red alerts caused by the prolonged outage of several major power plants.

Motorists will get a reprieve this week, as fuel retailers are set to implement a big-time pump price rollback after five straight weeks of increases for gasoline, and two for diesel.

The Visayas power supply will take two to three years to stabilize because of a shortage of mid-merit and baseload capacity that has caused a string of red and yellow alerts, energy officials said on Monday.

THAI renewable energy (RE) company Sermsang Power Corp. Public Co. Ltd. is studying further expansion in the Philippines as it seeks to boost its Southeast Asian portfolio, according to the International Finance Corp. (IFC).

Industry leaders say battery energy storage systems are becoming indispensable to the country’s clean energy transition, helping stabilize the grid and support higher levels of solar and wind power as the Philippines works toward a 50% renewable energy share by 2040.

POWER DISTRIBUTOR Manila Electric Co. (Meralco) said it is open to working with regulators and stakeholders on measures that could help ease electricity costs, following rising public concern over higher bills.

AboitizPower plans to pursue additional investments in Vietnam spanning coal, natural gas, and renewable energy projects as the company expands its presence in one of Southeast Asia’s fastest-growing power markets.

More than 300 energy executives, investors, policymakers, and technology providers gathered in Manila to discuss how solar and battery storage can strengthen energy security, improve grid resilience, and drive the next wave of renewable energy investments in the Philippines.

Northern Davao Electric Cooperative Inc. has filed cases with the Supreme Court in its fight for its franchise and protect its member-consumer-owners.

The Department of Energy (DOE) opened the application window for its delayed offshore wind auction, kickstarting a multi-gigawatt procurement process intended to accelerate the country’s transition toward clean power generation.