THE PHILIPPINES signed technical assistance agreements with the UK for its offshore wind and microgrid industries, the Department of Energy (DoE) said in a statement.
ACEN CORP., the Ayala group’s energy company, has secured a loan of up to P15 billion from the Metropolitan Bank and Trust Co. (Metrobank) to finance its existing and new renewable energy projects, including solar and wind farms.
MANILA, Philippines — Department of Energy (DOE) Secretary Sharon Garin led the formal opening of Maibarara Geothermal Inc. (MGI) Visitor Center located inside the Maibarara Geothermal Power Facility (MGPF) complex in Sto. Tomas, Batangas, attended by MGI partners PetroGreen Energy Corporation (PGEC), ACEN and PNOC-Renewables Corporation (PNOC-RC).
THE government’s electricity discount program for senior citizens is facing challenges due to the ageing population and overlaps with other energy subsidies, the Philippine Institute for Development Studies (PIDS) said.
The Department of Energy (DOE), Management Association of the Philippines (MAP), and Razon-led Prime Energy formalized a three-year Joint Energy Action Agenda (JEAA) for 2026-2029.
THE Energy Regulatory Commission (ERC) granted approval to the National Grid Corp. of the Philippines (NGCP), which is seeking to build the Milaor 500-kilovolt Substation Project in Camarines Sur to accommodate the additional power to be generated by offshore wind farms.
The Power Sector Assets and Liabilities Management Corp. has closed the sale of the Caliraya-Botocan-Kalayaan Hydroelectric Power Plants (CBK HEPP) last week.
MANILA, Philippines — The National Grid Corp. of the Philippines (NGCP) has officially assumed ownership of a critical power transmission line in Aklan, which has long been plagued by operational issues.
DAVAO CITY – The Energy Regulatory Commission (ERC) has granted provisional approval for the Davao Light and Power Co. (DLPC) to operate in Davao del Norte and Davao de Oro.
Finance Secretary Frederick D. Go said the Maharlika Investment Corp. (MIC) should prioritize the energy sector to lower electricity costs and stimulate industrial growth even if power projects offer limited direct hiring.