energy

CREC raises P4.4-B fund for Pangasinan solar project

Citicore Renewable Energy Corp. (CREC) has obtained a P4.4-billion loan from Security Bank to help…

ACEN logged 88% drop in January-June earnings

ACEN Corp. posted a significant drop in profit in the first half due to a…

ERC flags Ilijan power plant operator’s 2022 delivery gaps

The Energy Regulatory Commission (ERC) has issued a show cause order to South Premier Power…

Meralco seals 1.25-MW biogas power supply deal

Manila Electric Co. (Meralco) has inked a deal to procure 1.25 megawatts (MW) of renewable…

MGen to double power plant capacity by 2030

The power generation arm of Manila Electric Co. (Meralco) is bullish about doubling its capacity…

EDC eyes $540-M boost to geothermal power plant fleet

Lopez-led Energy Development Corp. (EDC) may have to shell out around $540 million to increase…

PXP Energy raises stake in WPS oil contract

PXP Energy Corp. has hiked its stake in Canada-based FEC Resources Inc. (FEC), strengthening its…

Meralco slashes energy sales forecast for 2025

Manila Electric Co. (Meralco) scaled down its energy sales volume forecast for 2025 amid market…

Energy firms back Marcos goal on additional power plants

The Philippine Independent Power Producers Association (PIPPA) has expressed support for plans for a pipeline…

Meralco on track to hit P50-B core earnings goal

Manila Electric Co. (Meralco), led by billionaire Manuel V. Pangilinan, remains on track to achieve…