Category Archives: News

Meralco warns of higher power rate in February

Power retailer Manila Electric Co. (Meralco) said Friday electricity rates for February 2026 may increase,...

PREIT eyes sale of Siquijor assets

Premiere Island Power REIT Corp. is exploring the lease or disposal of its Siquijor Island...

Razon-Pacquiao venture to invest in Cotabato utility

Ignite Power & Energy Corp. has submitted a proposal to invest up to P10 billion...

Fil-Korean firm to put up P64 billion hydro plant in Benguet

MANILA, Philippines — Filipino-Korean firm Coheco Badeo Corp. is finally pushing ahead with its proposed...

Petron dominates Philippine oil market as import bill slides 32%

Petron Corp. captured the largest share of the Philippine petroleum market in the first half...

ACEN takes full control of India RE business after stake buyout

AYALA-LED ACEN CORP. has strengthened its footprint in India after acquiring the remaining stake held...

WESM prices decline in Jan. as supply improves

ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) declined in January as supply margins...

House OKs energy storage systems bill

MANILA, Philippines — Voting 192-3-0, the House of Representatives yesterday approved on third and final...

Leviste’s solar business faces up to P150 million penalty

MANILA, Philippines — Batangas Rep. Leandro Leviste’s solar business may face yet another sanction—this time...

Holcim Philippines taps Peak Energy for solar

HOLCIM PHILIPPINES, INC. is teaming up with renewable energy (RE) provider Peak Energy to build...