Energy
June power rates still unclear amid cost swings – Meralco
Electricity rates for June 2025 remain uncertain, according to the Manila Electric Co. (Meralco), citing mixed trends in key cost drivers such as transmission charges and generation costs.
ACEN boosts renewables with Cagayan North Solar project
ACEN Corp., the Ayala group’s listed energy platform, is expanding its renewable footprint in North Luzon with the 133-megaWatt Cagayan North Solar project in Lal-lo, Cagayan.
PH-Saudi pact highlights rising interest in ASEAN renewables
Meralco PowerGen Corp. (MGen), a subsidiary of Manila Electric Co., has signed a strategic agreement with Saudi Arabia-based ACWA Power to explore joint renewable energy (RE) ventures in the Philippines and across Southeast Asia.
AG&P helping power PH’s offshore wind buildout
Energy infrastructure developer Atlantic, Gulf & Pacific Co. of Manila Inc. (AG&P) has formally expressed interest in supporting the country's offshore wind (OSW) sector, according to the Department of Energy (DOE).
First Gen eyes closing P50B deal with Prime Infra in 3 Months
First Gen Corp., the power generation arm of the Lopez Group, said it expects to finalize within two to three months a deal to sell a 60 percent stake in its natural gas business to Prime Infrastructure Capital Inc., owned by billionaire Enrique Razon Jr.
