The Energy Regulatory Commission (ERC) has set the preliminary reserve price for the fifth round of the Green Energy Auction (GEA5) at P10.3859 per kilowatt-hour for fixed-bottom offshore wind projects.
The Energy Regulatory Commission (ERC) has approved the upper limit of the secondary price cap (SPC) helping hold the Wholesale Electricity Spot Market (WESM) together, a mechanism meant to protect consumers from sharp price spikes.
Renewable energy developer Vena Energy has secured $210 million in financing for a 300-megawatt solar power project in Ilocos Norte, marking its first full international project financing in the Philippines.
Philippine Airlines (PAL) ranked as the most punctual airline among Asia Pacific carriers in November 2025, posting an on-time performance (OTP) rate of 84.67 percent, according to London-based aviation analytics firm Cirium.