Holy Week brought solemn reflection to many—but for renewable energy (RE) investors, it delivered preliminary Energy Regulatory Commission (ERC) flagellation—that’s via a savage preview of green energy auction reserve (GEAR) prices that could nail their green dreams to the regulatory cross...
(Unsplash) The Philippines should take advantage of its standing as one of the emerging hotspots for renewable energy (RE) investments as it tries to secure larger overseas financing for wind farms and other RE projects in the country....
The Energy Regulatory Commission (ERC) announced that it has finished its evaluation of the National Grid Corporation of the Philippines’ (NGCP) fourth regulatory period (4RP) reset. In a statement on Wednesday, April 16, the Energy Regulatory Commission (ERC) announced the completion of its...
The Department of Energy (DOE) has warned of potential supply strains if Excellent Energy Resources Inc.’s (EERI)’s natural gas plant faces a delay in power delivery. In a media briefing on April 14, Energy Assistant Secretary Mario Marasigan said that EERI, a joint venture between Meralco...
Source: Energy Regulatory Commission (ERC) The Energy Regulatory Commission (ERC) has dropped its preliminary verdict on reserve prices that will prospectively guide investors on forward decision whether or not to inject capital in the next wave of renewable energy (RE) capacities to be offered in...
Manila Electric Co. (Meralco) has partnered with state-owned French electric utility firm Electricité de France SA (EDF) to explore the viability of nuclear energy in the Philippines. In a statement, Meralco said that it has entered into a two-year memorandum of cooperation (MOC) with EDF that...
Stakeholders from various sectors believe that harnessing the power of the blue economy could help the Philippines meet its increasing energy needs amid overreliance on imported fuels that make electricity expensive. Blue economy (Grok AI) This developed as various stakeholders and resource persons...
Citicore Renewable Energy Corp.’s (CREC) solar unit in Pangasinan is seeking the approval of the Energy Regulatory Commission (ERC) to develop facilities linking its solar project to the Luzon grid. In an application filing posted on the ERC website, Citicore Solar Pangasinan Inc. (CSPI) has...
The Securities and Exchange Commission (SEC) and the Energy Regulatory Commission (ERC) are simplifying the process of raising capital through the capital market by power generation and distribution companies to support their growth and expansion. The SEC and ERC formally launched the Securing and...
Citicore Renewable Energy Corporation (CREC) reported an 11 percent jump in its net income for 2024, fueled by strong electricity sales. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, April 8, CREC said its net income climbed to ₱1 billion in January to December last year, up...
Following the first-quarter 2025 launch of retail aggregation switches, the Energy Regulatory Commission (ERC) announced a partnership between both Ayala-led ACEN Corp. and Bank of the Philippine Islands (BPI) for the latter to switch its facilities to the retail aggregation program (RAP). This...
Nickel Asia Corp. (NAC) announced that its renewable energy (RE) unit has partnered with retail energy supplier (RES) Mabuhay Energy Corp. (MECO) to supply clean energy. In a statement, NAC’s Emerging Power Inc. (EPI) said that, along with its subsidiaries Jobin SQM Inc. (JSI) and Northern...
