The Department of Energy (DOE) announced that the Philippines’ carbon credit framework is nearing completion and is set to be finalized by year-end. At the Philippine Net Zero Conference 2025, Energy Secretary Sharon Garin stated that the department is working to finalize the framework, with an...
As part of efforts to boost the wind energy sector, the Department of Energy (DOE) is pushing for a “whole-of-region” approach to collaboration in the Asia-Pacific region. At the 2025 Asia-Pacific (APAC) Wind Energy Summit in Australia, Energy Undersecretary Rowena Guevara proposed this...
Citicore Renewable Energy Corp. (CREC) has energized the Philippines’ first solar baseload facility, a step toward increasing the share of renewable energy in the country 's power grid. The 197-megawatt peak (MWp) Citicore Solar (CS) Batangas 1 and its accompanying 320-megawatt-hour (MWh)...
President Marcos said the government must “catch up” with private sector innovations in renewable energy, as he witnessed the energization of the country’s first hybrid agro-solar and battery storage system in Tuy, Batangas. Marcos said this as he led the launch of Citicore Solar Batangas 1...
Melbourne, Australia – The Philippines’ commitment to offshore wind is about to face its ultimate test. In the coming months, the country’s green energy auction (GEA) for this technology will kick off, separating the “brave soul investors” from those who will quit before the competition...
The Energy Regulatory Commission (ERC) vowed to fast-track decisions on pending capital expenditure (CAPEX) projects from the National Grid Corporation of the Philippines (NGCP), following a request from the Department of Energy (DOE). On the sidelines of the 2025 Economic Journalists Association...
Filinvest Group is advancing the government’s power aggregation program by shifting 11 of its facilities to renewable energy, a move that was recognized by the Energy Regulatory Commission (ERC). The shift was undertaken by Filinvest’s licensed retail electricity supplier, FDC Retail...
The Department of Energy (DOE) is actively seeking more investors from Japan to bolster the Philippines’ renewable energy (RE) sector. On Friday, Sept. 12, Energy Secretary Sharon Garin detailed potential partnerships to attract Japanese interest as the Philippines aims for a 35 percent RE share...
Saavedra-led Megawide Construction Corp. is firming up its balance sheet after parent company Citicore Holdings Investment Inc. (CHII) and sister company Citicore Power Inc. (CPI) paid back ₱9.4 billion for advances made by the engineering firm in 2016. In a disclosure to the Philippine Stock...
The partnership between the Philippines and New Zealand in harnessing geothermal energy and improving the sustainability of the energy sector will continue to grow as the two nations build a framework to open up opportunities for investment and knowledge exchange, New Zealand Ambassador to the...
The Department of Energy (DOE) has launched a five-year implementation plan for its geothermal de-risking facility, a new initiative aimed at advancing geothermal development in the country. During the 6th Philippine International Geothermal Conference (PIGC6) on Wednesday, Sept. 10, Energy...
ILOILO CITY — The province of Iloilo is potentially becoming a major area for renewable energy (RE) projects. During the recent Road to “Renewables: Conversations on Energy Transition," the Department of Energy (DOE) in the Visayas disclosed that almost 1,400 megawatts (MW) of offshore wind...
