PH’s energy, environment officials to accelerate offshore wind development

The Philippines’ energy and environment departments have agreed to expedite the exploration, utilisation, and development of offshore wind projects by granting rights to use offshore and auxiliary areas covered by offshore wind energy service contracts.
Gas deposits, LNG exploration pushed

THE PHILIPPINE government should boost its efforts to explore gas deposits and develop the importation of liquefied natural gas (LNG) to compensate for the Malampaya gas field’s depleting reserves, according to a Philippine senator.
Vietnamese PM meets with Philippine President in Vientiane

Vietnamese Prime Minister Phạm Minh Chính met with Philippine President Ferdinand Romualdez Marcos Jr. in Vientiane on Tuesday on the occasion of their attendance at the 44th and 45th ASEAN Summits and related summits.
Philippine Energy Sector Chosen for US$500-B Investment
Energy Secretary Raphael P.M. Lotilla has welcomed the Coalition for Emerging Market Infrastructure Investment’s (CEMII) announcement, marking the Philippines as its inaugural focus for infrastructure investments under the Indo-Pacific Economic Framework (IPEF).
PH, SoKor to start feasibility study on Bataan nuke plant next year

The Philippines and South Korea will begin the feasibility study of the Bataan Nuclear Power Plant (BNPP) in January 2025, following the signing of a memorandum of understanding (MOU) between the two governments on Monday.
Meralco announces power interruptions due to maintenance work

The Manila Electric Company (Meralco) this weekend announced new maintenance work in areas of Metro Manila, Laguna, Quezon Province and Cavite between October 9 and 11.
Average power prices plunge in September
THE Independent Electricity Market Operator of the Philippines (IEMOP) said the average electricity price in September was P3.88 per kilowatt-hour (kWh), or 34.7 percent lower than the P5.94 per kWh in August.
PATRIZIA enters Philippines with initial investment into one of the country’s leading solar energy companies and overall USD 100 million investment targeted

PATRIZIA and Mitsui enter into binding agreements to acquire an interest in BEI – the Philippines’ leading independent commercial and industrial (C&I) rooftop solar developer, owner and operator.