Energy
ACEN divesting 3 diesel-fired plants to be pure-green play
ACEN Corp., the listed green energy platform of the Ayala Group, said its Executive Committee has approved the sale of its interests in three...
Geopolitical heat sends fuel prices soaring
Retail pump prices surged by over P1 per liter this week, marking the second straight week of hikes, as geopolitical and market dynamics tighten global supply.
PGEC secures third RCBC loan for solar development
PetroEnergy Resources Corp. (PERC) announced that its affiliate, San Jose Green Energy Corp. (SJGEC), has secured a P498-million term loan facility from Rizal Commercial Banking Corp. (RCBC) to partially finance its 19.6-megawatt solar power project in San Jose, Nueva Ecija.
Biofuels delay sparks rift among coconut industry leaders
The proposed suspension of the B4 biodiesel blend rollout, raising the coco methyl ester (CME) content in diesel from 3 percent to 4 percent by October 2025, has triggered mixed reactions among coconut industry stakeholders, underscoring tensions between energy policy goals and economic pressures.
ERC sets final reserve price structure under latest green auction
The Energy Regulatory Commission (ERC) has approved the final reserve price structure under the fourth round of the Green Energy Auction Program (GEA4), setting the policy framework for the competitive bidding of over 10,000 megawatts (MW) of renewable energy capacity.
