Tag: featured
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Philippines Eyes $800-Million World Bank Loan for Clean Energy, Water Reforms
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The Philippine government is moving to finalize a USD 800 million loan from the World Bank aimed at accelerating the country’s energy transition and strengthening water governance. According to the Department of Finance, the program — formally called the Second Energy Transition and Climate Resilience Development Policy Loan (DPL2) —…
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Alternergy Expands Wind Portfolio with Quezon Projects Acquisition
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Alternergy Holdings Corp. is ramping up its renewable energy portfolio after acquiring majority stakes in two wind farm projects in Quezon province from CleanTech Global Renewables Inc. The deal covers the 96-megawatt Tayabas North and the 150-megawatt Tayabas South wind projects, including their assets, permits, and development contracts. CleanTech will…
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Philippines Switches On First Agrivoltaic Solar Complex with 320 MWh Battery Storage
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Batangas, Philippines — The country has taken a major step toward its renewable energy transition as Citicore Renewable Energy Corporation (CREC) inaugurated the Batangas 1 agrivoltaic solar complex, a landmark project combining large-scale solar generation with advanced battery storage and integrated agriculture. The facility, located across Barangays Lumbangan and Luntal…
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DOE Eyes Renewable Energy as Main Power Source by 2035
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The Philippines is accelerating its push into renewables, with the Department of Energy (DOE) laying out plans to shift the country’s power mix increasingly toward clean energy sources by 2035. Under its proposed roadmap, renewables won’t just supplement, but potentially become the primary source of electricity as the nation seeks…
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Meralco Bills on the Move: What Consumers Can Expect Next Month
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Rates in Flux Consumers in Metro Manila and nearby provinces should brace for another possible adjustment in their electricity bills next month, as Meralco signals a shift in rates following changes in the wholesale electricity spot market (WESM) and generation costs. In its latest advisory, Meralco said that generation charges—the…
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Fuel Costs Soar Again: How End-August Oil Price Hikes Are Hitting Filipino Households
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Rising at the Pumps For the second straight week, motorists are greeted with higher pump prices as oil firms announced increases effective August 26, 2025. Gasoline climbed by ₱0.70 per liter, diesel by ₱0.50 per liter, and kerosene by ₱0.30 per liter. This latest adjustment brings year-to-date hikes to ₱10.20/L…
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Most Electric Cooperatives Charge Less Than Meralco, Says NEA
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At least 90 electric cooperatives nationwide charge lower electricity rates compared to the Manila Electric Company (Meralco), the country’s largest power distributor, according to the National Electrification Administration (NEA). NEA Administrator Antonio Mariano Almeda said that based on the agency’s data, 90 out of 121 electric cooperatives, or about 74%,…
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Gov’t Poised to Take Over Power Operations in Siquijor Amid Worsening Electricity Crisis
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The national government is preparing to take control of power operations on Siquijor Island as the province grapples with a persistent electricity crisis, officials from the Department of Energy (DOE) and the National Electrification Administration (NEA) confirmed. During a post-State of the Nation Address (SONA) forum on Wednesday, NEA Administrator…
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P5 Billion Annually: More Power fuels Iloilo City’s economic growth – UA&P Study
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Iloilo City has experienced rapid economic growth over the past five years, significantly contributed by the efficient services of More Electric and Power Corporation (More Power), according to a study by the University of Asia and the Pacific (UA&P). “On average, what is injected into the economy of Iloilo is…
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Meralco Announces Lower Electricity Rates for June Despite Slight Rise in Transmission Costs
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Electricity customers of Meralco can look forward to lower bills this June, as the power distributor has announced a fresh ₱0.11 per kilowatt-hour (kWh) reduction in household electricity rates. The rate cut—driven primarily by lower generation charges—marks the second straight month of relief for consumers, even though there was a…