Alsons Consolidated Resources Inc. (ACR), the listed company of the Mindanao-focused Alcantara Group, has been assigned a PRS Aa (corp.) rating with a stable outlook from the Philippine Rating Services Corp. (PhilRatings) for its P3-billion commercial paper program.

THE Energy Regulatory Commission (ERC) is seeking a harmonious balance between consumer welfare and private sector interest, amid recent political controversies.

The Energy Regulatory Commission (ERC) has raised the secondary price cap (SPC) in the Wholesale Electricity Spot Market (WESM) to P7.423 per kilowatt-hour (kWh) from the previous P6.245/kWh.

The Energy Regulatory Commission (ERC) has approved a preliminary Green Energy Auction Reserve Price for Round 5 (GEAR5) of P10.3859 per kilowatt-hour (kWh) for fixed-bottom offshore wind projects.

THE ENERGY transition cannot come at the expense of consumers, who are being made to pay fees that cut the risk for renewable energy (RE) developers, according to Partners for Affordable and Reliable Energy (PARE).

FIRST GEN CORP. has partnered with Divine Mercy Wellness and Medical Center in Tuguegarao City, Cagayan to supply the hospital with renewable energy from its Tongonan Geothermal Power Plant in Leyte.

SINGAPORE-BASED Vena Energy has obtained full financing from a group of international banks for its 300-megawatt (MW) solar project in Ilocos Norte, marking the first US dollar-denominated project financing in the Philippines’ renewable energy sector funded solely by foreign lenders.

The Energy Regulatory Commission (ERC) has modified the 2025-2028 market transaction fees for Independent Electricity Market Operator of the Philippines (Iemop) to reflect the cost for operating the Electricity Market Management System (IEMMS) for the four-year period.

MANILA, Philippines — The decision on extending Semirara Mining and Power Corp.’s (SMPC) coal operating contract beyond 2027 could be issued early next year, the Department of Energy (DOE) said.

The Department of Energy (DOE) said Thursday it is willing to sit down with the Philippine Competition Commission (PCC) and hold discussions on delayed Green Energy Auction Program (GEAP) projects.