Category Archives: News
ERC OKs P376 billion revenue for NGCP
MANILA, Philippines — The Energy Regulatory Commission (ERC) has permitted the National Grid Corp. of...
IMF warns talent shortage may stall Philippine renewables push
A deepening shortage of skilled labor is emerging as the critical bottleneck for the Philippines’...
First Gen to supply geothermal power to Wilmar’s Mindanao plant
The power generation arm of the Lopez family has secured a supply agreement to provide...
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...