Maharlika open to financing nuclear power projects in PH
MANILA – The Maharlika Investment Corporation (MIC) on Tuesday expressed openness to invest in projects aimed at integrating nuclear energy into the country’s energy mix to lower power costs.
ADB, Ayala ink $100-M loan to develop EV ecosystem
THE ASIAN Development Bank (ADB) and Ayala Corp. have signed a $100-million (around P5.8-billion) financing deal to support the company’s efforts to develop an electric mobility (e-mobility) ecosystem in the Philippines.
Senators: MIC-SGP deal boosts gov’t role in energy sector
MANILA – The partnership between the Maharlika Investment Corporation (MIC) and Synergy Grid and Development Philippines Inc. (SGP) to acquire a 20 percent stake in the National Grid Corporation of the Philippines (NGCP) is a significant move toward strengthening government involvement in critical infrastructure, senators said on Tuesday.
ERC Gathers Stakeholder Insights to Enhance Net-Metering Rules and Accelerate Renewable Energy Transition in the Philippines
The Energy Regulatory Commission (ERC) recently sought stakeholder feedback on proposed amendments to ERC Resolution No. 6, Series of 2019, which governs the rules enabling the Net-Metering Program for Renewable Energy.
2 Cebu island public schools get solar power system
CEBU CITY – Teachers and students in Pangan-an Elementary and High School, a remote island village in Lapu-Lapu City, now enjoy free electricity through a solar power system installed by Aboitiz InfraCapital Cebu Airport Corporation, the private operator of Mactan Cebu International Airport.
Oil price rollback set Tuesday
MANILA – After three consecutive weeks of price hikes this year, motorists are expected to enjoy lower fuel prices as oil firms are set to implement a rollback on Tuesday.
UAE’s Masdar to Develop 1 GW of Clean Energy in Philippines
Clean energy firm Masdar has officially entered the Philippine market, signing agreements with the Southeast Asian nation’s government to develop 1 gigawatt (GW) of clean energy.
Zero Waste Month: Energy-saving Starts in the Kitchen
Every January, Zero Waste Month is observed in the Philippines – encouraging consumers to be responsible and mindful with their energy-consumption.
