Energy & Mining

GreenHeat touts rooftop solar as power cost hedge

GreenHeat Corp. is pitching rooftop solar as a practical hedge against rising electricity costs, saying the technology can deliver stable, long-term savings for both businesses and households amid persistent energy price volatility.

Converge accelerates EV shift to fight fuel crisis, cut costs

Converge ICT Solutions Inc. is ramping up its shift to electric vehicles in a bold move to counter rising fuel prices and supply uncertainty.

Sweeping fuel excise tax suspension risks P43.6B in revenue loss

The government could forgo up to P43.6 billion in revenues if it suspends excise taxes on all fuel products for three months, a senior Finance official said, highlighting the fiscal trade-offs as authorities move to cushion consumers from elevated oil prices.

MPower expands reach with 60-store Starbucks PH contract

MPower, the retail electricity arm of Manila Electric Company, has signed an agreement with Rustan Coffee Corporation to supply electricity to selected Starbucks branches in Metro Manila.

Fuel prices drop as companies announce rollbacks

Fuel companies implemented price rollbacks on Tuesday, driven by lower global crude oil prices following a two-week ceasefire between the United States and Iran.

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