Energy & Mining
MGen unveils PH’s largest solar plant in Nueva Ecija
Meralco PowerGen Corp. (MGen) renewable energy unit MGreen and affiliate Terra Solar Philippines Inc., have rated the Nueva Ecija-Bulacan solar project as the largest operational solar facility in the Philippines.
Meralco warns of possible rate hike in July
Electricity rates in areas served by Meralco may increase in July, potentially raising monthly bills for households and businesses.
Joint initiative targets cheaper, cleaner Visayas, Palawan electricity
Primelectric Holdings Inc. (PHI) has signed a joint study agreement with Saudi Arabia's ACWA Power to explore renewable energy (RE) and storage opportunities in the Visayas and Palawan.
NGCP cleared to recover ₱28B in past charges
The Energy Regulatory Commission (ERC) on Monday announced that the National Grid Corporation of the Philippines (NGCP) may begin collecting up to ₱28.29 billion in transmission rate adjustments starting August this year following the regulator’s approval of the utility’s fourth rate reset and under-recovery charges from 2016 to 2022.
Fuel prices drop again, but year-to-date gains remain high
The various fuel retailers will roll back pump prices for the second consecutive week starting Tuesday, 8 July, with gasoline down by ₱0.70 per liter, diesel by ₱0.10, and kerosene by ₱0.80, according to announcements from the major players including Caltex, Seaoil, PTT, and Clean Fuel.
