DAVAO CITY – The Energy Development Corporation (EDC) highlighted the continuing role of its Mt. Apo Geothermal Facility in the Philippines ' renewable energy supply while outlining new investments, environmental programs, and community initiatives under the First Gen Renewables brand. EDC...
The Philippines will need to nearly quadruple its installed power capacity to 121.3 gigawatts (GW) by 2040 to satisfy surging electricity demand while meeting its ambitious 50 percent renewable energy (RE) target, according to the Department of Energy (DOE). Speaking at a post-SONA media briefing...
Ayala-led ACEN Corp. posted a more than fivefold increase in net income during the first half of 2026, driven by stronger energy sales and improved performance across its domestic and international renewable energy (RE) portfolio. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday,...
Manila Electric Co. (Meralco) reduced electricity rates for August as the regulator-approved refund cushioned increases in transmission, tax, and generation charges. In a statement, Meralco said the country’s largest power distributor lowered its overall rate for a typical household by ₱0.0428...
Rapid adoption of household rooftop solar power in the country is poised to reduce wholesale spot market electricity prices by curbing overall grid demand and broadening supply cushions, according to the country’s independent market operator. Amid growing number of residential consumers generate...
The country’s power supply mess is getting uglier by the day, particularly in the Visayas. Perhaps President Marcos’ “mahiya naman kayo” verbal fireworks now need to be directed squarely at Department of Energy (DOE) officials. While millions of distressed Filipinos endure tight supply and...
The net income of Social Security System (SSS), the state-run pension fund for private-sector workers, fell by 28 percent to ₱48 billion in the first half of 2026 as expenses, especially benefit payouts to pensioners, continued to rise faster than its income. SSS’ latest condensed statement of...
Senator Loren Legarda on Friday, Aug. 7, confirmed that she took a medical leave earlier this week, amid allegations surrounding her recent travel. Legarda said she filed a formal medical leave covering Aug. 3 to 5 in accordance with Senate rules. “I confirm that I filed a formal medical leave...
The Management Association of the Philippines (MAP) urged energy regulators to overhaul electricity billing rules and tighten caps on system losses, warning that high power tariffs continue to erode the country’s economic competitiveness and deter foreign investments. In a set of recommendations...
Citicore Renewable Energy Corp. (CREC) broke ground on a 41-megawatt-peak solar plant with an integrated battery storage unit in Pampanga, advancing what it describes as the country’s first embedded solar facility with an energy storage system. In a statement, CREC said the project in Magalang,...
The Philippines risks overtaxing its fragile power grid unless regulators move swiftly to manage energy demand from the rapidly expanding data center sector, according to an industry group representing energy efficiency market stakeholders. The Philippine Energy Efficiency Alliance (PE2) urged the...
The government has eliminated administrative and regulatory bottlenecks for households and businesses installing small-scale solar panels for self-consumption to accelerate clean energy adoption and lower electricity costs. Under Department Circular No. DC2026-08-0017, signed by Energy Secretary...
