Energy
Fuel cost surge continues: up to P0.95/L increase Tuesday
Motorists will face higher fuel costs starting Tuesday as major and independent retailers implement across-the-board price hikes. Gasoline prices will increase by P0.60 per liter, diesel by P0.95, and kerosene by P0.30, marking the fourth straight week of increases for gasoline.
Venture partners power 3MW solar rooftop for Nexperia
Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE), a joint venture between the Filinvest Group and ENGIE Services Philippines, has successfully completed a 3-megawatt-peak (MWp) solar rooftop installation for Nexperia Philippines, Inc. at its assembly and testing facility at the Light Industry and Science Park I.
Basic Energy secures DOE permit for solar farm pre-development
Basic Energy Corp. said it has secured the Department of Energy has cleared the way for the pre-development of its planned solar venture in Bolinao, Pangasinan, following the issuance of a Certificate of Authority.
Globe expands renewable energy use
In a move underscoring its environmental commitment, Globe Telecom marked World Environment Day by announcing the expansion of its clean energy program to 33 high-energy utilization sites — including the company’s first renewable energy-powered facilities in Mindanao.
ERC flags reliability risks from derated power facilities
The Energy Regulatory Commission (ERC) has summoned 22 generation companies to explain the persistent derating of 27 power facilities between January and April this year, citing concerns over the growing unreliability of energy supply to businesses and households.
