Energy & Mining
Yuchengco’s PetroWind signs TransCo deal securing 20-year tariff for Aklan wind project
Yuchengco-led PetroWind Energy Inc. has signed a Renewable Energy Payment Agreement (REPA) with state-run National Transmission Corp. (TransCo), locking in guaranteed pricing for its 13.56-megawatt Nabas Wind Power Project Phase 2 in Aklan. This follows the project securing its Green Energy Auction tariff in 2022, plus a provisional operating permit from the Energy Regulatory Commission in May 2026 and a formal tariff endorsement from the Department of Energy in July 2026.
DOE advances nuclear energy framework; lays out rules, timelines and roles
The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.
ERC issues new policies protecting power consumers
The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.
Alternergy raises P2B in maiden notes issue
Alternergy Holdings Corp. has raised P2 billion from its maiden fixed-rate notes issuance, tapping the Philippine debt capital market to fund the next phase of its renewable energy expansion.
Meralco launches search for 900-MW steady power supply to meet growing demand
The Manila Electric Company (Meralco) has officially kicked off its competitive bidding process to secure 900 megawatts of baseload power, the consistent, round-the-clock supply that forms the backbone of the electricity system.
