In the ever-evolving landscape of the Philippine economy, Iloilo and Bacolod have emerged as two of the most promising investment hotspots. These burgeoning cities are capturing the attention of investors, both local and international, for their strategic locations, robust economic growth, and high...
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 The Department of Energy (DOE) has engaged the help of the Bangko Sentral ng Pilipinas (BSP) so they can guide banks and other financing entities on how to navigate the intricate web of capital formation that shall underpin the massive-scale pipeline of renewable energy (RE)...
After its successful launch held recently in Taiwan, “Go Green with Taiwan,” a global initiative organized by the Taiwan International Trade Administration, Ministry of Economic Affairs, and Taiwan Trade Center Manila, was launched in the Philippines to encourage Filipinos to submit innovative...
By Myrna M. Velasco Investors on pipelined offshore wind developments in the country are amenable to a P10 to P16 per kilowatt hour (kWh) prospective reserve price for contracted capacity on their projects once the green energy auction (GEA) for the technology will be carried out by the Department...
The renewable energy (RE) solutions arm of Ayala-led ACEN Corporation has cornered a power supply deal to provide RE-generated power to manufacturing firm Valerie Products Manufacturing Inc. (VSO), which produces automotive and appliance parts. According to the Ayala firm, ACEN Renewable Energy...
The Commission on Human Rights (CHR) has cited the Quezon City Police District (QCPD) for creating the first green camp not only in Metro Manila but in the entire country with its “Project Green Camp Karingal.” The project, which was done in partnership with the Quezon City government, seeks to...
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...
The P4.8 billion Pampang hydroelectric power project of FDC Renewables Corporation of the Filinvest group, which has an installed capacity of 33.4 megawatts, had been granted with ‘green lane certificate of endorsement’, based on the approval accorded by the Board of Investments. With the...
Fitting into a new system is not entirely a problem for newly-transferred Jacob Cortez, owing much of it to his former team San Beda in the NCAA. Jacob Cortez (Inah Sabido) Cortez has nothing in mind but to end his collegiate career the only way he knows how — as a...
Limited rest is taking its toll on reigning UAAP MVP Kevin Quiambao. After fulfilling his commitment with De La Salle in the Filoil EcoOil 17th ECJ Preseason Cup that saw the Green Archers suffer a sorry loss to eventual champion and UAAP rival University of the Philippines, Quiambao is...
Serbia-bound University of the Philippines exacted sweet revenge over UAAP tormentor De La Salle six months later with a hard-earned 69-66 win in the Filoil EcoOil 17th ECJ Preseason Cup Final on Wednesday night, June 12, in San Juan City. UP sophomore Francis Lopez (Filoil EcoOil...
