Energy & Mining

The Visayas power grid was placed under yellow alert on Monday, marking the sixth alert for the region this month due to ongoing power plant outages and reduced electricity supply.

Fuel prices are set to move upward again this week, with gasoline and diesel increasing for the third straight week, while kerosene will get another price cut, according to the Department of Energy (DOE).

Alsons Consolidated Resources (ACR), through Alsons Power, will transform its 55-megawatt diesel power plant in Alabel, Sarangani into a 98.7-megawatt solar power facility as part of its renewable energy expansion.

Vena Group has begun construction on two major renewable energy projects in Ilocos Norte, part of its 15-project pipeline, signaling another milestone in the Philippines’ drive to expand clean energy capacity and attract green investments.

President Ferdinand R. Marcos Jr. has ordered an urgent restoration of key transmission lines after recent power disruptions hit multiple areas across Luzon. Following the...