PLDT Inc. and Smart Communications Inc. have tapped MPower, the retail electricity supply arm of Manila Electric Co. (Meralco), to power 144 cell sites and nine facilities under the Department of Energy’s Retail Aggregation Program (RAP), the companies announced Thursday.
The energy sector has expressed optimism following President Ferdinand Marcos Jr.’s swift move to resolve the leadership gap at the Energy Regulatory Commission (ERC), a critical regulatory body overseeing electricity pricing and industry practices.
A total of 142 renewable energy (RE) companies have qualified under the fourth iteration of the Department of Energy’s (DOE) Green Energy Auction (GEA4), submitting over 230 project bids targeting 10,653 MW of capacity.
Caltex will raise pump prices again starting 6:01 a.m. Thursday, 17 July, marking its second fuel price hike this week. Gasoline and kerosene will go up by P0.20 per liter, while diesel will rise by P0.35, the company announced.
The Department of Energy (DOE) has warned that the fifth round of the Green Energy Auction (GEA5), which will include the country's first offshore wind (OSW) projects, may be delayed due to the ongoing leadership vacuum at the Energy Regulatory Commission (ERC).