Category Archives: News

MAP, DOE align on joint energy agenda with natural gas as system anchor

Prime Energy underscored the role of indigenous natural gas in keeping the country’s power system...

Kaltimex, Tawi-Tawi electric co-op ink debt restructuring deal

KALTIMEX RURAL ENERGY Corp., a Philippine subsidiary of Indonesian firm PT. Kaltimex Energy, has signed...

Add’l power charges in ’26 to boost capacity – ERC chief

MANILA – The additional charges that will be collected from power consumers starting January 2026...

Rizal Green Energy delivers power from Isabela solar plant

Rizal Green Energy Corp. said it started exporting 33.831 megawatts from its 40-MW Limbauan solar...

Philodrill seeks new contract to continue petroleum operations in Palawan

UPSTREAM oil and gas firm The Philodrill Corp. is seeking a new government contract to...

Aboitiz-led group secures P70-B financing for CBK hydro takeover

AN ABOITIZ-LED consortium has secured loan commitments totaling up to P70 billion from BDO Unibank...

Carbon trading could slash Philippines power costs on path to net-zero

A new carbon trading model could generate over $40 billion in annual revenue by 2050...

Philippines grid operator targets 2026 completion for P12.3-billion projects

National Grid Corp. of the Philippines (NGCP) is set to complete two major transmission projects...

Vena Energy lines up P7-billion foreign funding for 300-MW Ilocos solar project

SINGAPORE-BASED Vena Energy on Wednesday said the financing secured for its 300-megawatt (MW) solar project...

Power producers welcome higher spot market secondary price cap

MANILA, Philippines — A group of independent power producers has welcomed the 19-percent hike in...