Vantage Energy, the affiliate retail electricity supplier (RES) of Manila Electric Company (Meralco), has announced its entry into the Mindanao market for the first time, facilitated through partnerships within the food manufacturing, processing, and distribution sector. In a statement on Tuesday,...
Lopez-led First Gen Corp, (FGen) announced that it has fully acquired Pi Energy Inc. through a deed of assignment executed with its parent firm, First Philippine Holdings Corp. (FPH). In a disclosure to the Philippine Stock Exchange (PSE) on Monday, May 19, FGen said it acquired Pi Energy for ₱1...
In an effort to expand renewable energy (RE) integration, Ayala-led ACEN Renewable Energy Solutions (ACEN RES) is transitioning one of the Shangri-La properties in the country to full clean energy. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, May 19, the company said The St....
The Department of Energy (DOE) will be locking horns with system operator National Grid Corporation of the Philippines (NGCP) to resolve the “ mismatch ” in the country’s transmission development game plan, to ensure that the grid actually delivers where the capacities are needed....
SP New Energy Corp. (SPNEC) reported a decline in its first-quarter net income for the year. In a disclosure to the Philippine Stock Exchange (PSE), SPNEC said its total net income during the first three months of 2025 slid to ₱12.4 million, which is a significant drop from its figure last year...
After years of delays and half-powered commitments, the Philippine energy service company (ESCO) market is finally into high gear—helping energy-intensive businesses cut waste, boost efficiency, and usher them into the fast lane of green tech. And while at it, these energy efficiency frontrunners...
Yuchengco-led PetroEnergy Resources Corp. (PERC) reported a decrease in its net income for the first three months of 2025 due to expenses for its renewable energy (RE) developments. In a statement, PERC reported a consolidated net income of ₱281 million for the first quarter of 2025, reflecting a...
Motorists will need to tighten their belts after a two-week rollback in May, as oil prices are expected to increase next week. Based on the four-day trading at Mean of Platts Singapore (MOPS), gasoline may go up by somewhere between ₱0.95 and ₱1.40 per liter, while diesel could climb by ₱1.50...
Citicore Renewable Energy Corp. (CREC) saw an eight-percent increase in its net income during the first three months of 2025. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, May 15, CREC said it earned ₱230 million in net income during the first quarter of this year, higher...
Lopez-led First Gen Corp. (FGen) announced that Singaporean data developer and operator Digital Edge Holdings Pte. Ltd. has integrated renewable energy (RE) into its data center in Laguna. During the signing ceremony on Wednesday, May 14, FGen said it was tapped to power Digital Edge’s NARRA1...
An unexpected power outage could not have come at a more ironic moment, as the Department of Energy (DOE) experienced a brownout at its own head office in Taguig City during a press briefing led by the DOE chief himself. During a press conference held by Energy Secretary Raphael P.M. Lotilla,...
Citicore Energy REIT Corporation, the country’s first and largest renewable energy REIT, posted stable attributable profit of ₱358 million and revenues of ₱472 million, in line with the same period last year. “The stability of the Company’s performance is primarily attributed to a strong,...
