Alsons Power bullish on PH retail energy sector amid rule changes
Alsons Power Group sees strong growth ahead for its retail electricity supply business, following recent regulatory changes that open the market to more users.
ERC suspends grid delivery fee for energy storage during emergencies
The Energy Regulatory Commission has approved the temporary waiver of delivery service charges for energy storage systems during declared national energy emergencies.
First Gen confirms $5B non-binding offer for EDC from Indonesian firm
First Gen Corp. has disclosed to the Philippine Stock Exchange that Indonesian company PT Barito Renewables Energy submitted an unsolicited, non-binding offer to acquire its geothermal subsidiary Energy Development Corp. for around $5 billion.
SEC overhauls rules for local credit rating agencies
The Securities and Exchange Commission has proposed updated regulations for credit rating firms to boost transparency, credibility, and investor confidence in the Philippine corporate bond market.
Updated national radiological plan boosts PH nuclear emergency readiness
The Department of Energy has completed revisions to the National Radiological Emergency Preparedness and Response Plan, strengthening the country’s ability to respond to nuclear and radiological incidents.
