Listed firm Citicore Renewable Energy Corporation (CREC) is stepping up in a big way on adding renewable energy (RE) capacity to the country’s power supply, with 1.3 gigawatts (1,300 megawatts) ramp up on its solar operating facilities by yearend until early part of 2025. In a briefing with the...
By MYRNA M. VELASCO End-users shifting to the net metering scheme on gaining electricity service had grown by more than double last year and has been sustaining its escalated pace, according to the Energy Regulatory Commission. In a presentation to the media, ERC Chairperson Monalisa C. Dimalanta...
Japanese-owned manufacturing firm Citizen Finedevice Philippines Corp. strides on its sustainability journey with the switch-on of its solar rooftop facility that was energized by MSpectrum, the solar solutions business unit of Manila Electric Company. The green energy facility with a capacity of...
Ayala-led ACEN Corporation had secured $150 million green term loan to bankroll the development of its pipelined renewable energy (RE) projects in the Asia Pacific region. The credit facility will have a five-year repayment period; and this was availed of via its subsidiary ACEN Renewables...
Filipino-led renewable energy (RE) firm NexGen Energy Corp. (XG) had secured regulatory approvals for its initial public offering (IPO), which will wind up at its July 16 listing at the local bourse. The company announced that it cornered both the go-signal of the Securities and Exchange Commission...
Singapore-headquartered Nexif Ratch Energy Investments Pte. Ltd. (NREI) has secured "green lane" certification from the Board of Investments (BOI) that will streamline the permitting processes for its wind and solar projects in the Philippines. According to the company, the green lane endorsement...
K-pop girl group Mamamoo’s Solar impressed Filipino fans as she held her solo concert in Manila. Her "Solar 2nd Concert [COLOURS] in Manila" was held June 16 at The Theatre at Solaire Resort. Besides surprising fans with her two performances of Pinoy pop group BINI’s...
K-pop girl group Mamamoo’s leader Solar surprised Filipino fans by performing P-pop group BINI’s “Pantropiko” not once but twice at her concert in Manila. She held her "Solar 2nd Concert [COLOURS] in Manila" on June 16 at The Theatre at Solaire Resort. Mamamoo's Solar performing...
Speaker Martin Romualdez (center) leads the distribution of 17 solar pumps to farmers in Isabela. The turnover rites was held Monday morning at Barangay Cabaruan in Quirino town. (Speaker's Office) House Speaker Martin Romualdez--also...
President Marcos said that the Cabaruan Solar-Powered Pump Irrigation Project (SPIP) in Isabela is only one of the first undertakings in the government's list of projects that aim to boost the country's agriculture sector. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said...
Solar Philippines founder Leandro Legarda Leviste has increased his stake in ABS-CBN Corporation to 10 percent—almost enough to entitle him a seat in the multi-media firm’s board of directors. In a disclosure to the Philippine Stock Exchange (PSE), ABS-CBN said Leviste’s LL Holdings Inc....
BACOLOD CITY – Barangay Canlusong, the farthest village in E.B. Magalona, Negros Occidental, was the recipient of a P1.2-million solar-powered streetlight project. A total of 53 solar-powered streetlights were put up to enhance the safety of the residents at night from the barangay proper to...
