Category Archives: News

Solar Philippines faces P24-B penalties over terminated RE contracts

SOLAR PHILIPPINES Power Project Holdings, Inc. is facing P24 billion in fines for its failure...

Meralco rates down by PHP0.1637/kWh for Jan. 2026

MANILA – Lower transmission charges led to a PHP0.1637 per kilowatt-hour (kWh) reduction in Manila...

MUFG Bank issues SBLCs in favor of Dept of Energy

THE MUFG Bank Ltd. Manila Branch (MUFG) announced of having completed its first sustainable trade...

Upstream oil, gas sector upbeat as work programs start

THE upstream oil and gas sector is starting the year on an optimistic note, with...

DOE targets 10 GW of solar capacity in 2026 to boost renewable energy goals

The Department of Energy expects to complete 10 gigawatts (10,000 megawatts) of solar power capacity...

EDC readies P100 billion geothermal upgrade in Leyte

MANILA, Philippines — Energy Development Corp. (EDC) of the Lopez family is ramping up its...

PCC clears PSALM’s sale of hydro power plants

MANILA – The Philippine Competition Commission (PCC) has greenlit the sale of three power plants...

MGEN: Investment in SPNEC legitimate

MERALCO PowerGen Corp. (MGEN), the power generation arm of Panglinan-led Meralco, on Sunday clarified that...

Spanish firm to spend P15b for RE projects

Spanish firm ACCIONA Energía is spending P15 billion to complete two renewable energy projects totaling...

MinDA, DOE plan Mindanao green energy auction

The Mindanao Development Authority and Department of Energy plan to launch a green energy auction...