As the proposed Philippine Strategic Petroleum Reserve (PSPR) takes shape, consumers must keep a close eye on the government and their hands firmly on their wallets. While the country may need an oil stockpile, taxpayers and motorists should not end up becoming the reserve’s permanent source of...
The Asian Development Bank (ADB) is preparing a $10-million technical assistance (TA) grant to jump-start its newly launched Pan-Asia Power Grid Initiative, a flagship regional program aimed at expanding cross-border electricity trade and accelerating renewable energy (RE) integration across Asia...
President Marcos has directed the Department of Energy (DOE) to restore power supply to normal levels as soon as possible. In his recent meeting with Energy officials, Marcos made several orders to the DOE, Palace Press Officer and Communications Undersecretary Claire Castro said. "Mahaba-haba po...
Saudi Arabia’s ACWA Power Philippines and Emerging Power Inc. (EPI) have signed an agreement to jointly explore and develop up to 5,000 megawatts (MW) of renewable energy (RE) and gas-fired generation capacity across the country. In a statement on Thursday, June 4, the companies said the...
Levanta Renewables Pte Ltd. has secured project financing and issued a formal notice to begin construction on a major solar and battery storage facility in the Philippines. In a statement, Levante said the Singapore-backed developer finalized financial close for the Barotac solar power and battery...
TACLOBAN CITY -- The Police Regional Office-8 is going green as it inaugurated a 48-kilowatt, three-phase solar photovoltaic system in Camp Ruperto Kangleon, Palo, Leyte, on Tuesday. The solar power system for classrooms and buildings inside the camp will significantly reduce electricity...
The Department of Energy (DOE) is drawing up a list of underperforming and offline power plants following a spate of grid alerts that hit Luzon and Visayas in May. In a briefing on Monday, June 1, DOE Undersecretary Mario Marasigan noted that since May 12, the country has experienced four red...
International Finance Corp. (IFC) is collaborating with Thailand-based renewable energy (RE) developer Sermsang Power Corp. Public Co. Ltd. as the latter pursues its planned entry into the Philippines through a proposed RE generation project on Negros Island. In a disclosure over the weekend, the...
Twenty-five years after the Electric Power Industry Reform Act (EPIRA) restructured the country’s electricity sector, government and industry players are expected to raise a toast to “market liberalization” as a success story. Whether consumers feel just as energized, however, is another...
People are the power industry’s greatest asset, working to ensure safety and operational integrity while keeping the lights on. But considering evolving complexities and challenges, especially amid an energy transition, constant upskilling and reskilling is required for the workforce to adapt...
K-pop stars BTS, G-Dragon and BLACKPINK, soccer player Son Heung-min and trot singer Lim Young-woong led Forbes Korea 's 2026 Power Celebrity 40 list. The Power Celebrity 40 rankings were based on income (50 percent), media mentions (15 percent), social media influence (15 percent), and fan...
The Department of Energy (DOE) plans to require bidders for the upcoming Semirara coal mine auction to reserve part of their coal output for the domestic market as the government seeks to strengthen the country’s energy security amid lingering supply risks. Energy Secretary Sharon Garin told...
