Filipino tech firm CostPlus Inc. has signed a letter of intent (LOI) with Indian investors to explore the introduction of advanced hydrogen fuel cell technology in the Philippines, the company announced following a high-level business roundtable in New Delhi.
Phoenix Petroleum Philippines Inc. has partnered with Vietnam’s V-Green Charging Station Development Philippines Inc. to deploy electric vehicle (EV) chargers across Phoenix fuel stations nationwide, in a move that bolsters the country’s growing EV infrastructure and advances clean mobility.
The Department of Energy (DOE) expressed optimism over the expansion of its clean energy initiatives, particularly the net metering and carbon credit programs, following inter-agency efforts to streamline processes and craft supportive policies.
The various fuel retailers are implementing mixed price adjustments this week, highlighting evolving global market dynamics. Gasoline prices are up by ₱0.60 per liter, while diesel and kerosene see respective rollbacks of ₱0.80 and ₱0.90 per liter.
The Energy Regulatory Commission (ERC) has raised the installed generating capacity (IGC) and corresponding market share limitations (MSL) for both national and regional grids, reflecting recent additions to the country's power supply mix.