The Department of Energy (DOE) is considering introducing financial incentives to support local nuclear energy projects, likely modeled after the Green Energy Auction (GEA) program, a senior official revealed at the Philippine International Nuclear Supply Chain Forum 2025.
The Department of Energy (DOE) on Thursday said that efforts to reduce carbon emissions need not come at the cost of economic growth. Energy Secretary Sharon Garin, through a speech delivered by Undersecretary Felix William Fuentebella at a Makati forum, said decarbonization and development should be seen as complementary goals.
ACEN Corp., the energy arm of Ayala Corp., has extended a P900 million loan to its subsidiary, Giga Ace 6 Inc., to support the development of a major wind power project in Quezon and Laguna.
The National Grid Corporation of the Philippines (NGCP) continues restoration efforts following the recent earthquake in Cebu, with only one power plant in the Visayas still on forced outage as of 2 p.m. Thursday, affecting 169 MW of capacity.
acciona.org, the corporate foundation of ACCIONA, has extended its Light at Home program to San Nicolás, Pampanga, bringing clean and affordable solar energy to over 140 people. This expansion builds on its rural electrification work in Palawan from 2022.