energy

84 renewable energy deals revoked in 2025

The Department of Energy (DOE) has terminated eight additional renewable energy service contracts this year…

DOE backs P400-M debt deal for Tawi-Tawi

The Department of Energy (DOE) welcomed a newly signed debt restructuring agreement between power provider…

ERC OKs P13-B Milaor 500-kV substation project

The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP)…

PetroEnergy to boost stake in PetroWind to 90%

PetroEnergy Resources Corp. (PERC) is set to significantly increase its economic interest in PetroWind Energy…

PetroEnergy unit fires up Isabela solar plant 

Clean and renewable power has started flowing to the Luzon grid from Yuchengco-led PetroEnergy Resources…

PH sustainable finance hits $10B 

Sustainable finance in the Philippines is gaining momentum as the country advances along its energy…

ERC raises secondary price cap in power spot market 

The Energy Regulatory Commission (ERC) has approved revised rules that raise the secondary price cap…

EDC trims 2026 capital spending budget to P19B

Geothermal energy giant Energy Development Corp. (EDC) has set a capital expenditure (capex) budget of…

Risk mitigation fund for geothermal ventures takes shape

The Department of Energy (DOE) and the Land Bank of the Philippines have formalized a…

ERC clears feed-in tariff adjustments

The Energy Regulatory Commission (ERC) has approved long-pending adjustments to feed-in tariff (FIT) rates covering…