The Department of Energy (DOE) is trying to sway all government-run institutions to embrace solar solutions in meeting their energy needs to break the country’s cycle of vulnerability to volatile global fuel prices. According to the energy department, perfect candidates for solar installations in...
The Department of Energy (DOE) has issued notice of awards (NOAs) to 105 winning bids in the second round of green energy auction (GEA-2), an exercise that partly fulfills the country's renewable energy (RE) development roadmap. The winning project-developers will be awarded with 20-year power...
Senator Raffy Tulfo on Wednesday, July 12, called for a review of the franchise tax of the National Grid Corporation of the Philippines (NGCP) amid delays in the completion of its 37 transmission projects. Sen. Raffy Tulfo presides over the Senate Committee on Energy hearing on the Department of...
President Ferdinand "Bongbong" Marcos Jr. has renewed his commitment to improving the bureaucratic process in the energy sector to allow investors to come and do business in the Philippines easily. *President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot)* Marcos said this as he led the...
As the country boosts its efforts toward energy security, President Ferdinand "Bongbong" Marcos Jr. welcomed the commitment of a Japanese financial services company to helping the Philippines bridge its transition from fossil fuel to renewable energy. *President Ferdinand 'Bongbong' Marcos Jr....
AboitizPower Distributed Renewables Inc. (APX), a subsidiary of leading energy producer Aboitiz Power Corporation, has cemented a joint venture deal with emerging energy solutions firm Upgrade Energy Philippines Inc. (UGEP) for targeted solar rooftop projects in the country. In a statement to the...
Senator Risa Hontiveros on Tuesday, July 11 said the power rate reduction that the Manila Electric Co. (Meralco) announced for the month of July is only minimal and temporary. The senator pointed out the decrease in electricity charges is bound to happen considering that the price of imported coal...
A tripartite collaborative approach has been reached by the Energy Regulatory Commission (ERC), power utility giant Manila Electric Company (Meralco) and the city government of Pasig to promote the use of renewable energy (RE) in the host-locality. In a statement to the media, the ERC said that an...
Ayala-led ACEN Corporation will be issuing $352 million worth of corporate guarantees as a support to loan payments of ACEN Cayman, one of its subsidiaries. The corporate guarantee has been approved by the company’s board of directors in their special meeting at the Grand Hyatt Hotel on Wednesday,...
The Energy Regulatory Commission (ERC) will mete out administrative penalties on transmission firm National Grid Corporation of the Philippines (NGCP) if it cannot provide justifiable explanation or grounds why it had been swamped with project delays. “The ERC required the NGCP to explain why it...
Big power consumers, such as commercial and industrial facilities and distribution companies, can experience lower charges from the National Grid Corporation of the Philippines by efficiently adjusting their energy usage away from the peak demand period in a given day. Technically termed as...
President Ferdinand "Bongbong" Marcos Jr. lauded the joint award of Petroleum Service Contracts and Coal Operating Contracts in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), saying it will not only boost investments in the region but also ensure the country's energy security....
