Category Archives: News

BPI grants PHP 6.1B loan for AboitizPower’s first wind project

The Bank of the Philippine Islands (BPI) has extended a PHP 6.1-billion project finance facility...

AUSI installs 793.6-kW rooftop solar at Cebu food manufacturer

Advent Upgrade Solar Inc. (AUSI), a joint venture between Aboitiz Power Distributed Renewables, Inc. (APx)...

DOE: P17–P24 oil price hike this week to be spread out

Oil prices are set to increase by P17 to P24 per liter this week, but...

PCC clears tie-up focusing on RE power plants dev’t in S. Luzon

MANILA – The Philippine Competition Commission (PCC) has cleared the partnership between Alternergy Holdings Corp....

Emergency power deal to stabilize power in Ilocos Norte

LAOAG CITY – The Ilocos Norte Electric Cooperative (INEC) formally signed a one-year emergency power...

Meralco power rate up by P0.64/kWh for March 2026 billing

MANILA – The Manila Electric Company (Meralco) increased its power rate by PHP0.6427 per kilowatt...

DOE backs measure to let Marcos suspend excise taxes on oil

Department of Energy Secretary Sharon Garin on Monday expressed support for a proposed measure that...

Meralco taps South Korean expertise for early-stage nuclear project dev’t

MANILA ELECTRIC CO. (Meralco) has signed a memorandum of understanding (MoU) with Korea Hydro &...

ACEN profit drops 60% on weaker prices despite higher renewable output

Ayala-led ACEN Corp. announced that lower wind generation, reduced solar irradiance, and weaker prices at...

DOE launches online portal for gas station price violations

The Department of Energy (DOE), in partnership with the Department of Information and Communications Technology...