Energy
GEA-3 draws over 7,500 MW in renewable energy bids
The Department of Energy (DOE) is set to announce the winning bids for the third round of its Green Energy Auction (GEA-3) by next week, a move poised to catalyze significant growth in the country’s renewable energy market.
Ilocos Norte OSW project secures environmental nod
Buhawind Energy Northern Luzon Corp. (BENLC), an affiliate of PetroEnergy Resources Corp. (PERC), has received pre-development environmental clearance from the Department of Environment and Natural Resources (DENR) to proceed with critical site studies for its 2,000-megawatt offshore wind (OSW) project in Ilocos Norte.
Fuel price hike hits motorists, but kerosene drops slightly
Motorists will face higher fuel costs starting Tuesday as gasoline prices rise by P0.40 per liter and diesel by P0.30, according to the various fuel retailers. However, kerosene users will benefit from a P0.10 per liter cut.
Meralco powers up grid for clean energy future
The Manila Electric Company (Meralco), led by business tycoon Manuel V. Pangilinan, is ramping up investments in its power distribution infrastructure to support the seamless integration of distributed energy resources (DERs), reinforcing its corporate role in the country's ongoing energy transition.
Meralco powers energy transition with grid modernization push
In a bold move underscoring its leadership in the Philippines’ energy transition, the Manila Electric Company (Meralco), led by business titan Manuel V. Pangilinan, is spearheading a comprehensive grid modernization initiative aimed at integrating distributed energy resources (DERs) seamlessly into its power distribution network.
