Renewable energy developer-firm PAVI Green of the Villar group has cemented partnerships with its affiliate Vista Malls and All Home Luzon branches for the provision of solar-generated electricity to these establishments. In a statement to the media, the Villar RE firm indicated that it will be...
The year 2023 is ending with a bang for Filipino consumers at the pumps, as oil prices will incur significant increases, according to the calculation of the oil companies. As culled from the estimates of the industry players, gasoline prices will increase by P1.45 to P1.85 per liter; while diesel...
Toyota Motor Philippines Corporation (TMP) is taking steps to ensure that it continues to reduce its carbon footprint, not just with the vehicles on the road but all the way back to how they’re built. TMP has signed a Retail Supply Contract (RSC) with a local supplier to provide green-backed...
The jurisdiction of the Energy Regulatory Commission (ERC) on resolving contractual disputes involving retail electricity suppliers (RES) has been affirmed in a ruling rendered by the Court of Appeals (CA), including its power to issue cease and desist orders. The decision of the 11th division of...
The anticipated scorching grip of El Niño may still alter power supply-demand projections, especially when temperature would exceptionally rise during the summer months, according to the Department of Energy. “Power supply projections may still change, even if we have adequate projection, due to...
Power utility giant Manila Electric Company (Meralco) will be issuing amended terms of reference (TOR) for its competitive selection process (CSP) on the targeted 1,800-megawatt capacity procurement that is scheduled for tenders-submission on December 27 this year. In a briefing with reporters,...
ILOILO CITY – The Department of Energy (DOE) has awarded the Energy Efficiency Excellence Award to the Iloilo provincial government. Gov. Arthur Defensor Jr. received the award on Tuesday, December 20, in Pasay City. THE provincial government of Iloilo is a recipient of the Energy Efficiency...
The action taken by the Bangko Sentral ng Pilipinas (BSP) on allowing banks to expand green financing facilities is expected to accelerate renewable energy (RE) installations in the country that will usher in comprehensive decarbonization of the Philippine economy moving forward. As cited by Energy...
President Marcos has called on Filipinos anew to be mindful of their electricity consumption. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) "As we pursue the path of sustainable development, it is important that we develop a keen awareness of our energy consumption,”...
Citicore Renewable Energy Corporation is planning to sell up to P12.94 billion of its shares through a planned initial public offering (IPO) in March next year to fund its capital expenditures and pipeline development. In its preliminary prospectus filed with the Securities and Exchange Commission...
TOKYO, Japan —President Marcos wooed Asian countries and Japan to invest in the Philippines, stressing that the country needs more of it. (Photo courtesy of Malacañang) During his intervention at the Asia Zero Emission Community (AZEC) on Monday, Dec. 18, Marcos invited AZEC partners to...
There is high probability that gasoline and diesel prices will not change next week, but consumers could expect rollback in kerosene prices by P0.45 to P0.85 per liter, according to the oil companies. Based on the industry players’ calculations, the cost movement for gasoline could either be a...
