Wednesday, 15 October 2025, 2:06 pm

    Energy

    Prime Infra commits to 2GW PSH completion under GEA3

    Prime Infrastructure Capital Corp. (Prime Infra) affirmed the assured completion of its 2,000 MW pumped storage hydro (PSH) projects awarded under the Department of Energy’s (DOE) third Green Energy Auction (GEA3), representing nearly one-third of the 6,680.887 MW capacity offered.

    Gov’t considers delaying biodiesel blend hike

    The government is considering suspending the scheduled increase in coco methyl ester (CME) biodiesel blend from 3 percent to 4 percent by 1 October this year as scheduled, the Philippine Coconut Authority (PCA) revealed Wednesday.

    NGCP transmission rates Up 4.6% in May

    The National Grid Corporation of the Philippines (NGCP) reported a 4.6 percent increase in its transmission rate for the May 2025 billing period, bringing the rate to P1.1482 per kilowatt-hour (kWh) from April’s P1.0978 per kWh.

    Filinvest-ENGIE JV energizes 3MWp solar rooftop project for Nexperia Phils.

    The Filinvest Group and ENGIE Services Philippines, through its joint venture company, Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE), has completed a 3-megawatt-peak (MWp) solar rooftop system for Nexperia Philippines, Inc. in Cabuyao, Laguna.

    Meralco reduces power rates for June bill

    Manila Electric Co., the country’s largest power distributor better known as Meralco, announced on Wednesday a reduction in electricity rates, lowering charges by P0.1076 per kiloWatt-hourin June, the second rate reduction in as many months.

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