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Electricity costs ease in July as demand moderates  

Electricity prices at the Wholesale Electricity Spot Market (WESM) fell in July even though there was less demand for the commodity during the period, the Independent Electricity Market Operator of the Philippines (IEMOP) said.

PCPC’s 135-MW pulverized coal burning power plant in Iloilo resumes full operations

Palm Concepcion Power Corporation (PCPC) said that its 135-MW CFBC Power Plant in Concepcion, Iloilo is fully operational again to meet the power needs of its service area.

Gymnast Carlos Yulo wins Philippines 2nd Olympic gold

Great things do come in small packages. And Filipino gymnast Carlos Yulo proved that in Paris on Saturday, winning the Philippines’ second Olympic gold and the first for gymnastics.

Less than a third of renewable energy proponents push ahead and build power plants

A fairly large number of renewable energy firms propose sending their output to the National Grid Corporation of the Philippines (NGCP) and undergo so-called system impact studies (SIS), based on end-June data at the Department of Energy (DOE).

Globe installs new towers in Cebu’s prime travel destinations

Globe is enhancing connectivity across Cebu’s travel hotspots acclaimed for their natural beauty, cultural heritage, and adventure tourism. This enriches the experience of both locals and visitors while supporting the growth of the province’s local industries. 

Just in

AboitizPower sets P62B capex for 2026, focuses on renewables and battery storage

Aboitiz Power Corporation (AboitizPower) and its partners have earmarked P62 billion in capital spending for 2026, with most of the funds going to renewable energy projects and battery energy storage systems (BESS).

AEV keeps guarded optimism for challenging 2026 

Aboitiz Equity Ventures is heading into 2026 with what it calls cautiously optimistic expectations, even as storm clouds gather over the broader economy.

Aboitiz Equity Ventures outlines 2026 investment plan, growth strategy

Aboitiz Equity Ventures (AEV), the Aboitiz Group’s main investment arm, said it is continuing its long-term expansion and value-building plans for 2026, supported by a more diversified portfolio and a strong financial position.

Diesel, kerosene prices drop further; fuel supply improves — DOE

The Department of Energy on Monday (DOE) announced mixed fuel price changes this week, with gasoline prices rising slightly while diesel and kerosene will see significant cuts.
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