Energy
ACEN joins Denmark’s CIP in offshore wind power venture
ACEN Corp., the Ayala Group’s listed energy platform, has signed definitive agreements to acquire a 25 percent minority stake in the planned 1-gigawatt offshore wind project in Camarines...
Third microgrid bid round set with new rules to attract investors
The Department of Energy (DOE) announced it will launch the third round of the competitive selection process (CSP) for microgrid system providers (MGSPs) at the end of the month, targeting 71 lots across 167 unserved and underserved areas in the Philippines.
Samar fuel supply unhindered by bridge restrictions
The Department of Energy (DOE) has assured continued fuel deliveries to Samar and surrounding regions despite new logistical challenges posed by a 3-metric ton (MT) weight restriction on the San Juanico Bridge, a critical link between Leyte and Samar. The restriction effectively prevents standard fuel tankers—typically weighing 19–20 MT—from using the bridge, prompting a major shift in fuel logistics.
Mixed Fuel Price Adjustments Set for Tuesday: Gasoline Up, Diesel and Kerosene Down
The various fuel retailers are rolling out mixed price adjustments for petroleum products starting Tuesday, with a modest increase in gasoline prices offset by cuts for diesel and kerosene.
CBK hydro privatization bidding moved to end-June
The privatization schedule of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna has been officially moved to the end of June this year, according to the Power Sector Assets and Liabilities Management Corp. (PSALM). The revised timeline was confirmed in a statement over the weekend, marking a two-week delay from the original June 16 deadline.
