The 797-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric complex in Laguna has been formally turned over to the Thunder Consortium, marking a major step in strengthening the country’s power system as more renewable energy comes online.
A group of Philippine power distribution utilities is pushing for the adoption of global best practices to improve the country’s electricity services, as energy systems become more complex and technology-driven.
San Miguel Global Power Holdings Corp., the power generation arm of San Miguel Corp., has approved the issuance of up to P30 billion worth of peso-denominated bonds, underscoring its continued access to capital markets as it expands its energy portfolio.
Retail fuel prices will go up again this week, marking the fifth consecutive week of increases in 2026. Starting Tuesday morning, gasoline and kerosene prices will increase by ₱0.60 per liter, while diesel will rise by ₱1 per liter.