Energy & Mining
NexGen Energy winds DOE nod for $2.5B wind projects
NexGen Energy Corp., through its wind subsidiary Airstream Renewables Corp. (ARC), has secured three new onshore wind energy service contracts from the Department of Energy totaling 1,700 megawatts (MW) and about $2.5 billion in potential investment.
Aboitiz Power says unit SNAP disputing compliance penalty
Aboitiz Power Corporation disclosed that its joint venture, SN Aboitiz Power-Magat, Inc. (SNAP Magat), is contesting a penalty issued by the Enforcement and Compliance Office of the Philippine Electricity Market Corp over alleged dispatch-schedule violations last June.
Foreign-backed firms partner in Quezon wind project
The Triconti Windkraft Group has teamed up with Singapore-based Levanta Renewables to develop a new onshore wind farm in Atimonan, Quezon. The project secured incentives under the government’s fourth Green Energy Auction (GEA4), the companies announced Sunday.
Fuel prices seen dropping sharply this week
Motorists can expect cheaper fuel starting Tuesday, with industry players forecasting significant price cuts—especially for diesel and kerosene.
Nearly 1,000 MW of capacity added since mid – 2025 — DOE
The Department of Energy (DOE) announced on Thursday that 956 megawatts (MW) of new power generation have been added to the national grid since the second half of 2025. The boost comes from 12 renewable energy plants, one oil-based plant, and one natural gas plant, the agency said on Thursday.
