Energy & Mining
Australian-backed solar investor powers P3.34B Batangas expansion project
The Philippine Economic Zone Authority (PEZA) has formalized the registration of Philippine Aurion Solar Technologies Inc., clearing the way for the expansion of a P3.34-billion manufacturing facility in Batangas as the Philippines positions itself as a rising hub for renewable energy production.
Meralco power rates rise as fuel costs surge
Electricity bills are climbing again in July as higher fuel costs, tighter power supply and increased taxes combined to drive up power rates, underscoring the Philippines' continued exposure to global energy price swings and supply disruptions.
PCCI backs ERC reforms to boost investment climate
The Philippine Chamber of Commerce and Industry (PCCI) has thrown its support behind the Energy Regulatory Commission's (ERC) latest reforms, saying the measures could improve the country's investment climate by lowering electricity costs, expanding consumer choice, and speeding up regulatory approvals.
MCC grant boosts Philippine reforms, energy investment prospects
The Philippines has secured a USD60 million Threshold Program grant from the US Millennium Challenge Corp.
Alternergy powers up Tanay wind project ahead of launch
Alternergy Holdings Corp. has reached a major milestone in its flagship Tanay Wind Project, successfully energizing the transmission facilities that will connect the 128-megawatt renewable energy project to the Luzon grid, bringing commercial operations a step closer.
