Energy & Mining
SPC secures green light for 48 MW Iloilo solar project
Listed energy firm SPC Power Corp. is embarking on an aggressive expansion into renewable energy and battery energy storage systems (BESS), with a target of adding 500 megawatts (MW) of capacity to its portfolio by 2029.
GEA 5 to deliver major offshore wind push
The Department of Energy (DOE) launched on Wednesday the fifth round of its Green Energy Auction (GEA 5), targeting the deployment of 3,300 megawatts (MW) of fixed-bottom offshore wind (OSW) capacity between 2028 and 2030.
Prime Infra commits to 2GW PSH completion under GEA3
Prime Infrastructure Capital Corp. (Prime Infra) affirmed the assured completion of its 2,000 MW pumped storage hydro (PSH) projects awarded under the Department of Energy’s (DOE) third Green Energy Auction (GEA3), representing nearly one-third of the 6,680.887 MW capacity offered.
Gov’t considers delaying biodiesel blend hike
The government is considering suspending the scheduled increase in coco methyl ester (CME) biodiesel blend from 3 percent to 4 percent by 1 October this year as scheduled, the Philippine Coconut Authority (PCA) revealed Wednesday.
NGCP transmission rates Up 4.6% in May
The National Grid Corporation of the Philippines (NGCP) reported a 4.6 percent increase in its transmission rate for the May 2025 billing period, bringing the rate to P1.1482 per kilowatt-hour (kWh) from April’s P1.0978 per kWh.
