Oil markets jolted higher Thursday as geopolitical tensions in the Strait of Hormuz escalated, with Iran and the US both asserting control over one of the world’s most critical energy chokepoints.
Local electricity supplier Rockport Power Inc. has partnered with Filipino manufacturer King Global Sanitary Products to supply energy for its operations.
DC Green Energy Corp. (FDC Green), a wholly owned subsidiary of Filinvest Group’s utility arm FDC Utilities, Inc. (FDCUI), has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) for its 20.774-megawatt peak (MWp) ground-mounted solar facility at the PHIVIDEC Industrial Estate, signaling readiness to supply power to the grid.
The Department of Energy (DOE) said the government is taking immediate steps to ensure a steady power supply in Catanduanes amid ongoing challenges faced by local power provider Sunwest Water and Electric Co. (Suweco).
The Energy Regulatory Commission (ERC) has issued a final decision directing Manila Electric Company (Meralco) to fast-track the refund of P14.17 billion to its customers.