Abu Dhabi Future Energy Co., known as Masdar, is evaluating potential investments in clean power projects and exploring participation in a nationwide fuel stockpiling program in the Philippines. Energy Secretary Sharon Garin told reporters on Thursday, Aug. 13, that the United Arab Emirates...
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,...
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 Department of Energy (DOE) has set a two-year timetable to bring more than six gigawatts (GW) of new power capacity online before the end of the Marcos Jr. administration. In a media briefing on Monday, Aug. 3, Energy Undersecretary Mario Marasigan said the DOE expects more than 5,000 megawatts...
Electricity consumers face higher monthly power bills starting this August after energy regulators granted urgent approval to raise a line-item surcharge that subsidizes renewable power developers. The Energy Regulatory Commission (ERC) issued a provisional authority allowing state-owned National...
PXP Energy Corp., the upstream oil and gas explorer led by billionaire Manuel V. Pangilinan, is seeking foreign partners to help fund and execute energy exploration projects in the Philippines, including a search for naturally occurring hydrogen. In an ambush interview last week, Pangilinan said...
Households face higher electricity bills starting in 2027 under the proposal by state-owned National Transmission Corp. (Transco) to raise the uniform line-item charge that subsidizes renewable energy developers. TransCo petitioned the Energy Regulatory Commission (ERC) to increase the Feed-in...
Manila Electric Co. (Meralco) Chairman Manuel V. Pangilinan said the power utility is open to acquiring a stake in geothermal producer Energy Development Corp. (EDC) if the asset is formally placed on the market. Pangilinan noted that investing in the Lopez-led geothermal firm could significantly...
Lopez-led First Gen Corp. is expanding its partnership with Araneta City Inc. (ACI) to broaden its renewable energy (RE) supply to four more developments in the Quezon City commercial hub. In a statement on Wednesday, July 22, First Gen announced the signing of new power supply agreements (PSAs)...
Lenovo announced strong progress toward its first generation of long-term, enterprise-wide Environmental, Social and Governance (ESG) aspirations, advancing its vision to provide smarter technology for all that supports Lenovo’s own sustainability goals and its customers. The FY2025‑26 ESG...
