Energy
IEMOP targets full commercial operations of RE market by year-end
The Independent Electricity Market Operator of the Philippines (IEMOP) is transitioning the renewable energy market (REM) to full commercial operations before the end of the year, potentially unlocking new benefits for renewable energy developers.
DOE finalizing energy roadmap with Saudi Arabia
The Department of Energy (DOE) is poised to finalize a collaborative energy roadmap with Saudi Arabia following a memorandum of understanding (MOU) signed last month.
DOE, Land Bank partner to streamline benefits for communities hosting energy projects
The Department of Energy (DOE) and the Land Bank of the Philippines have signed a memorandum of understanding (MOU) aimed at improving the distribution and utilization of funds for communities hosting energy projects, particularly those benefiting from the Energy Regulations (ER) 1-94 program.
Ex-Gov Singson building factory for affordable EVs
Former Ilocos Sur Governor Luis “Chavit" Singson has partnered with South Korean investors to develop a manufacturing facility on a two-hectare property in Bataan that will produce electric vehicles (EVs) for the country’s public transport sector.
WESM rates surge 13% in October amid rising demand
The Independent Electricity Market Operator of the Philippines (IEMOP) on Tuesday reported a notable increase in the price of electricity in the Wholesale Electricity Spot Market (WESM) for October, with rates rising 13.1 percent compared to September.
