While other Filipino companies are still starry-eyed doodling project ideas or slow to take off from drawing boards, ACEN Corp is already way ahead, turning blueprints into concrete, thriving green gigawatts – and it’s not just within its shores; it’s taking the frontlines on the global stage...
Citicore Energy REIT Corporation (CREIT) declared cash dividends amounting to ₱320.7 million or ₱0.049 per common share, consistent with the same period last year. The firm disclosed to the Philippine Stock Exchange that the dividend represents income from its guaranteed lease revenues for the...
Ayala-led ACEN Corporation, through its wholly-owned subsidiary ACEN Australia, has secured access to the Central West-Orana Renewable Energy Zone (CWO REZ) for its wind, solar, and battery storage projects in New South Wales, which will connect to a transmission infrastructure. In a disclosure...
The Philippines and many of its Southeast Asian neighbors have been sluggish in tapping renewable energy (RE), according to the Manila-based multilateral lender Asian Development Bank (ADB). "In 2022, renewables—as a share of new power generation capacity installed—exceeded 75 percent in nine...
Holy Week brought solemn reflection to many—but for renewable energy (RE) investors, it delivered preliminary Energy Regulatory Commission (ERC) flagellation—that’s via a savage preview of green energy auction reserve (GEAR) prices that could nail their green dreams to the regulatory cross...
(Unsplash) The Philippines should take advantage of its standing as one of the emerging hotspots for renewable energy (RE) investments as it tries to secure larger overseas financing for wind farms and other RE projects in the country....
Citicore Renewable Energy Corp.’s (CREC) solar unit in Pangasinan is seeking the approval of the Energy Regulatory Commission (ERC) to develop facilities linking its solar project to the Luzon grid. In an application filing posted on the ERC website, Citicore Solar Pangasinan Inc. (CSPI) has...
The Securities and Exchange Commission (SEC) and the Energy Regulatory Commission (ERC) are simplifying the process of raising capital through the capital market by power generation and distribution companies to support their growth and expansion. The SEC and ERC formally launched the Securing and...
Citicore Renewable Energy Corporation (CREC) reported an 11 percent jump in its net income for 2024, fueled by strong electricity sales. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, April 8, CREC said its net income climbed to ₱1 billion in January to December last year, up...
Despite President Donald Trump’s recent executive order (EO) to withdraw the United States (US) from the Paris Agreement, energy stakeholders in the Philippines believe his current policies will have minimal impact on renewable energy (RE) growth in Asia. During the Renewable Energy Forum 2025 on...
An offshore wind farm The Philippines must put its best foot forward in the renewal energy (RE) arena--where it has been listed as second most attractive destination for investors--in order to entice additional foreign support, Camarines Sur...
Renewable energy (RE) infrastructure, particularly those focused on transmission and distribution, is poised to be the country’s most lucrative investment magnet in the near future. HSBC Hong Kong Global Financing Solutions Director Max Thomas had this to say, as he noted that the...
