WESM prices drop 3.9% in June, easing power costs
The average electricity price at the Wholesale Electricity Spot Market (WESM) declined by 3.9 percent in June, bringing the national rate down to ₱3.86 per kilowatt hour (kWh) from ₱4.01/kWh in May, according to data from the Independent Electricity Market Operator of the Philippines (IEMOP).
RCBC renewable energy loans surpass coal for first time
Rizal Commercial Banking Corp. (RCBC) said Wednesday that its renewable energy (RE) loan portfolio has surpassed its coal financing for the first time, marking a major milestone in its shift toward sustainable finance.
Healthcare facilities to get energy makeover under new deal
The Department of Energy (DOE) and the Department of Health (DOH) have signed a memorandum of agreement to enhance energy efficiency in public health facilities, the agencies announced Thursday.
Bohol welcomes landmark luxury Rresort by Accor’s MGallery Collection
South Palms Resort & Spa in Panglao is set to open in August this year, marking a milestone in the evolution of Bohol’s tourism and luxury hospitality sectors.
Cisco study: AI driving urgent network overhaul globally
A global shift in enterprise network architecture is underway as artificial intelligence (AI), automation, and real-time data reshape the demands placed on corporate IT infrastructure, according to a new study released Thursday by networking giant Cisco.
