The Department of Energy (DOE) is taking steps to address renewable energy projects under the Green Energy Auction (GEA) program that have failed to meet their committed delivery timelines.
The Independent Electricity Market Operator of the Philippines (IEMOP) expects the Luzon and Mindanao power grids to remain generally stable in 2026 based on current supply levels, officials said Thursday in a briefing in Pasig City.
Alternergy Holdings Corp. has secured system impact study (SIS) approval from the National Grid Corporation of the Philippines (NGCP) for all five renewable energy projects it won under the fourth Green Energy Auction (GEA 4).
ACEN Corp. and its partners developing the 115.7-MW Arayat-Mexico solar farm in Pampanga have secured a ₱2.59-billion loan from the Development Bank of the Philippines. The loan agreement was signed on Thursday, ACEN said in a disclosure.