Citicore Power Inc. (CPI) is distributing shares of solar energy developer Citicore Renewable Energy Corp. (CREC) to its shareholders Edgar Saavedra and Oliver Tan to consolidate their direct interest in the publicly listed CREC. In a disclosure to the Philippine Stock Exchange (PSE), CREC said CPI...
Coal Asia Holdings Inc. is seeking to more than double its capital to facilitate a ₱6.64 billion share swap, a move that will allow Tubig Pilipinas Group Inc. to go public through a backdoor listing. In regulatory filings with the Philippine Stock Exchange, Coal Asia said the miner plans to...
The Energy Regulatory Commission (ERC) is moving to overhaul the nation’s power landscape in 2026, pledging to clear a long-standing case backlog and finalize pricing for emerging technologies like offshore wind to lower costs for households. In a statement, ERC Chairperson Francis Saturnino Juan...
Public health facilities in Lanao del Sur are set to receive an energy upgrade as the Department of Energy (DOE) and its international partners prepare to install 170 kilowatt-peak of rooftop solar photovoltaic systems equipped with battery storage. In a statement, the DOE said the initiative aims...
For what it’s worth, Ferdinand Marcos Sr.’s energy policy remains a benchmark for sustainability and reliability. Had the 620-megawatt Bataan Nuclear Power Plant (BNPP) not been shelved by the Aquino administration, Filipinos would likely have enjoyed cheaper electricity rates from that...
While Filipinos are being told to feast on crumbs for a ₱500 noche buena this Christmas, how can anyone expect us to stomach a power capacity addition that will compel consumers to pay a gut-wrenching ₱14 per kWh for offshore wind? This energy source is being served like a luxury entrée to a...
Meralco PowerGen Corp. (MGen), the generation arm of Manila Electric Co., is finding ways to utilize the power capacity from its planned 1,200-megawatt (MW) coal plant in Quezon province after navigating regulatory and policy hurdles this year. MGen President and Chief Executive Officer Emmanuel...
The Department of Energy (DOE) appointed Mandy Romero, a 25-year-old solar energy entrepreneur and policy advocate, as its newest assistant secretary, the youngest executive to hold the post in the agency’s history. Romero’s appointment, formalized by an oath taken before Energy Secretary...
The Department of Energy announced nearly one gigawatt of new power capacity has come online to the grid this year, with renewable energy (RE) projects accounting for the majority. In a statement on Thursday, Nov. 27, the DOE reported 956 megawatts (MW) of newly inserted capacity into the national...
With just a month left in 2025, the Energy Regulatory Commission (ERC) is moving to wrap up several major pending regulatory cases. In an interview, ERC Chairperson Francis Saturnino Juan listed unresolved matters concerning the grid, transmission, and energy storage systems (ESS). “The major...
The Philippines is at the “right moment” to begin pushing for nuclear energy use amid its aim to achieve energy security and reduce its reliance on fossil fuels like coal, the International Atomic Energy Agency (IAEA) said. IAEA Director General Rafael Mariano Grossi made this remark during the...
The Department of Energy (DOE) said the agency is ramping up efforts to draft more agreements as private-sector interest in nuclear power surges. In an interview, Energy Secretary Sharon Garin said that several companies are awaiting government guidance to pursue nuclear exploration before they can...
