Energy & Mining
REDC buys majority stake in Bukidnon hydropower firm
Repower Energy Development Corp. (REDC) has purchased a 95 percent stake in Maramag Hydropower Corp. (MHC), the developer of the proposed 25-MW Pulangi IV hydropower project in Maramag, Bukidnon.
Negros Power restores electricity across Central Negros after typhoons
Negros Power has fully restored electricity in Central Negros after back-to-back Typhoons Tino and Uwan damaged the power network earlier this month. The company said that as of November 27, all lateral lines were re-energized, bringing power back to nearly 250,000 customers.
PCC clears Thunder Consortium’s ₱36.27-B bid for CBK hydro complex
The Philippine Competition Commission has approved the Thunder Consortium’s planned acquisition of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power complex, Aboitiz Power Corp. announced in a disclosure on Monday.
DOE to release revised EV targets by early 2026
The Department of Energy (DOE) plans to release updated electric vehicle (EV) deployment targets by the first quarter of 2026, following a surge in EV registrations this year.
Fuel prices set for major rollback on diesel, kerosene
The various fuel companies will roll out mixed price changes on Tuesday, including a ₱0.20-per-liter increase for gasoline and significant rollbacks of ₱2.90 for diesel and ₱3.20 for kerosene.
