Energy & Mining

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is preparing to privatize the 70-megawatt Bakun hydroelectric power plant in Ilocos Sur by the third quarter of 2026.

Renewable energy firm Alternergy Holdings Corporation has begun commercial operations of its 5-megawatt Dupinga run-of-river hydro power plant in Gabaldon, Nueva Ecija, marking its second facility to go online this year.

Fuel prices across the country are expected to rise sharply this week, with diesel likely to see another double-digit increase, according to a local fuel retailer.

The Southville Global Education Network (SGEN), a group of schools from early childhood to postgraduate level, has shifted to renewable energy for its power needs through a partnership with First Gen, the country’s largest renewable energy provider.

Ride-hailing platform inDrive has introduced a ₱2.7 million fuel voucher program to help its active drivers cope with rising fuel prices and operating costs.