Category Archives: News

Energy storage redefining clean power shift

MANILA, Philippines — Energy storage is stepping into the spotlight of the country’s green transition,...

Citicore Renewable Energy’s Q1 net income rises 15.4% to P137.89M

LISTED renewable energy developer Citicore Renewable Energy Corp. (CREC) booked an attributable net income of...

PH-South Korea sign MOU on trade, energy cooperation

The Philippines and South Korea have signed a memorandum of understanding (MOU) to strengthen cooperation...

PH energy sector grows to P3.3-T

MANILA – The country’s energy sector has grown into a PHP3.3-trillion industry, up from PHP630...

Lotilla urges insurers to maintain coverage for coal plants

Energy Secretary Raphael Lotilla on Thursday urged insurance companies to continue providing coverage to coal-fired...

Malampaya drillship to arrive in June, kicking off Phase 4 expansion

MANILA – Drilling operations under Phase 4 of the Malampaya gas-to-power project are set to...

Landers taps Meralco subsidiary for solar projects

MSpectrum, Inc., a wholly owned solar subsidiary of Manila Electric Co. (Meralco), has expanded its...

ERC issues show-cause orders to 40 power firms over missing fuel documents

THE Energy Regulatory Commission (ERC) identified on Wednesday the power generation companies (GenCos) that failed...

Laguna data center to buy electricity from First Gen

Singapore-based data center platform firm Digital Edge Holdings Pte. Ltd. (Digital Edge) has tapped First...

ERC: Lower spot market prices pull generation rates down

The Energy Regulatory Commission (ERC) reported that generation rates have significantly gone down for the...