Aboitiz Power Corp. posted a 45 percent surge in first-half profit to ₱18.4 billion, driven by improved market prices, additional hydroelectric and gas contributions, and fresh output from newly completed solar facilities. In a disclosure to the Philippine Stock Exchange on Wednesday, July 29,...
Two days after urging Congress to immediately amend the Electric Power Industry Reform Act (EPIRA), President Marcos said the government is working closely with private companies on the proposed amendments to the law. Speaking during the inauguration of the Energy Museum in Bonifacio Global City,...
At least two senators heeded President Ferdinand “Bongbong” Marcos Jr.’s call for an end to system loss charges burdening electricity consumers. Senate President Sherwin Gatchalian and Sen. Joseph Victor JV” Ejercito each filed a bill on the matter, saying it is imperative that Filipino...
Yuchengco-led Maibarara Geothermal Inc. (MGI) is looking to unlock more geothermal resources along the boundary of Batangas and Laguna provinces after awarding an exploratory drilling contract to ThermaPrime Drilling Corp. (TDC). In a disclosure to the Philippine Stock Exchange (PSE) on Wednesday,...
The country’s planned artificial intelligence (AI) hub in New Clark City is already reshaping the government’s nuclear energy plans, with the Department of Energy (DOE) saying future nuclear power projects could help meet the massive electricity requirements of one of the Philippines’ most...
The Department of Energy (DOE) plans to begin its delayed offshore wind power tender on Dec. 1, rebooting the landmark auction meant to anchor the country’s transition toward cleaner power generation. Energy Undersecretary Rowena Guevara said in a briefing on Tuesday, July 28, that the fifth...
Renewable energy (RE) firm Vena Energy has reached financial close on a $310-million financing package for its 500-megawatt-peak (MWp) Ixus Bugallon solar power project, paving the way for construction of the facility and expanding its solar portfolio in Pangasinan province to about one...
Ayala-led ACEN Corp. is transforming Zambales province into one of the country’s largest renewable energy (RE) hubs, with nearly one gigawatt (GW) of combined solar and battery energy storage projects either operating or under development. In a disclosure to the Philippine Stock Exchange (PSE) on...
Purple took over SM City Manila as Rise Energy Pop introduced its newest beverage through "A Pop of Surp-Rise," a launch event designed to reflect the brand 's youthful personality. Music, games, performances, and interactive booths welcomed members of the media, content creators, influencers,...
Pangasinan 2nd District Representative Congressman Mark O. Cojuangco, a leading advocate for nuclear energy and author of the Philippine Atomic Energy Regulatory Authority (PhilAtom) Bill, engaged in a series of discussions with government and industry representatives at the Foundational...
After commissioning Mindanao’s first utility-scale ground-mounted solar facility, German energy firm ib vogt GmbH is planning to surpass its own record in the region by developing an even larger renewable energy (RE) portfolio. In an interview with Manila Bulletin last week, Isabelle Melocoton,...
Angry at your electricity bill? Good. That’s the first spark of consumer revolt. If the “power of choice” remains stuck in regulatory traffic, consumers need to unlock their own options: solar on their rooftops or collective purchasing via the Retail Aggregation Program (RAP) to knock down...
