Context.ph

1647 POSTS

SMGP pursuing P52.7B power expansion project

San Miguel Global Power (SMGP), a key player in the energy sector, is moving forward with plans to add up to 3,320 megawatts (MW) of power capacity by 2028, with an estimated investment of at least P52.7 billion.

ERC-approved FIT-all rate increase makes for more expensive electricity next month

The Energy Regulatory Commission (ERC) has approved an upward adjustment in the feed-in-tariff allowance (FIT-All) rate, effective March 2025. This, the ERC said, ensures the sustainability of renewable energy (RE) incentives, with the new rate increasing by P0.0351 per kilowatt hour (kWh) for consumers in on-grid areas.

Over 4,500 MW power projects seek grid connection

A number of power generation and energy storage system (ESS) projects totaling 4,531.82 megawatts (MW) and 40 megawatt hours (MWh) in storage have applied for grid connection with the National Grid Corporation of the Philippines (NGCP) in January, according to the Department of Energy (DOE).

Cebu Pacific launches Southeast Asia’s first generative AI agent for customer support

Cebu Pacific has partnered with Ada, an AI customer service leader, to introduce its first generative AI agent, making it the first Southeast Asian airline to fully integrate this advanced technology into its customer support operations. The collaboration aims to enhance customer experiences across multiple touchpoints by delivering real-time, personalized, and human-like support.

VITRO Inc. powers up AI capabilities with NVIDIA GPU servers at Sta. Rosa facility

VITRO Inc., the data center division of the PLDT Group and a subsidiary of ePLDT, has marked a significant milestone with the activation of NVIDIA-powered graphic processing unit (GPU) servers at its data center facility in Sta. Rosa, Laguna. This underscores the company’s commitment to supporting the growing demand for AI workloads and enhancing its GPU-as-a-Service (GPUaaS) offerings.

Just in

Philippine, US forge multi-billion AI hub deal

The Philippines and the US are moving full steam ahead on the proposed Pax Silica industrial hub in New Clark City, aiming to secure billions in long-term AI and tech investments that transcend political cycles.

Clay-court chess match cuts short Eala’s Strasbourg appearance 

Alex Eala arrived at the Strasbourg Open looking sharp, fearless, and very much at home on clay. For one set, she looked like she might also be leaving with a quick victory and somebody else’s confidence packed in her tennis bag.

T-Bill yields surge amid inflation, policy concerns 

Philippine Treasury bill yields climbed again at Monday’s auction, fueled by inflation concerns, tighter monetary policy expectations, and geopolitical uncertainties.

Sugar surplus grows as local demand weakens— PSMA

The Philippine Sugar Millers Association (PSMA) said the country currently has enough refined sugar supply, even as demand for locally produced sugar has weakened.
spot_img