Energy & Mining
DOE opens bidding guidelines for Mindanao-focused renewable energy auction
The Department of Energy has released the terms of reference for the seventh round of the Green Energy Auction, which will prioritize renewable energy projects in Mindanao.
Another round of steep fuel price hikes expected this week
Local fuel retailer Jetti Petroleum has warned that another significant increase in pump prices for gasoline and diesel is set to take place this week.
IGNITE Power-SOCOTECO II conditional JV gets strong backing from coop members
Over 32,000 member-consumer-owners (MCOs) of South Cotabato II Electric Cooperative (SOCOTECO II) overwhelmingly endorsed the cooperative's proposed conditional joint venture agreement (CJVA) with power firm IGNITE Power, moving the utility a step closer to a partnership aimed at modernizing its aging distribution system.
SM stays on track for 2040 emissions goal
SM Investments Corp. said it remains on course to cut its greenhouse gas emissions by 40 percent by 2040, betting that investments in renewable energy, energy efficiency, and sustainable finance will strengthen both its environmental performance and long-term business resilience.
Meralco explains power hike amid fuel price pressures
Manila Electric Co. (Meralco) said the recent increase in electricity bills was driven primarily by higher generation charges, pointing to soaring global fuel prices, a weaker peso, and the country's reliance on natural gas to maintain grid stability rather than any increase in its own distribution rates.
