Energy
PE2 tackles energy issues in DOE sponsored workshop
The Philippine Energy Efficiency Alliance (PE2) is optimistic about the future of energy efficiency and conservation (EEC) projects in the country following the Department of Energy's (DOE) launch of the first province-wide workshop on the formulation of Local Energy Efficiency and Conservation Plans (LEECP) in Iloilo.
Fuel price cuts ease motorists’ burden amid global market events
In a welcome development for motorists, the various fuel retailers have rolled back the cost of petroleum products starting Tuesday. Diesel prices ease by P0.20 per liter while kerosene prices are reduced by P0.40 per liter. However, gasoline prices remain steady.
Raslag plans P2B capital-raising strategy
Renewable energy generator Raslag Corp. announced that its board has approved a capital-raising plan aimed at generating up to P2 billion through the private placement of up to 15 million preferred shares.
Meralco sales slowing in 2025 amid changing weather patterns
The Manila Electric Co. (Meralco) has revised its power sales forecast this year to only 4.6 percent, signaling a weaker performance versus the previous year. The revised projection comes following an exceptional spike in demand due to the effects of El Niño in 2024, which is unlikely to repeat this year.
SPNEC plans new solar farm in Batangas
SP New Energy Corp. (SPNEC), the solar power producer now under the control of Manila Electric Co. (Meralco), has unveiled plans for a second major solar farm in Batangas.
