Renewable energy developer-firm PAVI Green of the Villar group has cemented partnerships with its affiliate Vista Malls and All Home Luzon branches for the provision of solar-generated electricity to these establishments. In a statement to the media, the Villar RE firm indicated that it will be...
Toyota Motor Philippines Corporation (TMP) is taking steps to ensure that it continues to reduce its carbon footprint, not just with the vehicles on the road but all the way back to how they’re built. TMP has signed a Retail Supply Contract (RSC) with a local supplier to provide green-backed...
The action taken by the Bangko Sentral ng Pilipinas (BSP) on allowing banks to expand green financing facilities is expected to accelerate renewable energy (RE) installations in the country that will usher in comprehensive decarbonization of the Philippine economy moving forward. As cited by Energy...
Citicore Renewable Energy Corporation is planning to sell up to P12.94 billion of its shares through a planned initial public offering (IPO) in March next year to fund its capital expenditures and pipeline development. In its preliminary prospectus filed with the Securities and Exchange Commission...
TOKYO, Japan —President Marcos wooed Asian countries and Japan to invest in the Philippines, stressing that the country needs more of it. (Photo courtesy of Malacañang) During his intervention at the Asia Zero Emission Community (AZEC) on Monday, Dec. 18, Marcos invited AZEC partners to...
The Energy Regulatory Commission (ERC) is scheduling public consultations on the proposed regulatory review and enforcement of rules that will directly impact consumers’ pockets as well the overall business viability of the power industry. The industry regulator apprised all relevant stakeholders...
Ayala-led ACEN Corporation has firmed up a deal with the Asian Development Bank (ADB) and Bank of the Philippine Islands (BPI) to raise P11 billion worth of sustainability-linked term loan facility that will partly bankroll the company’s solar projects. The loan, according to ACEN, will carry...
State-run Philippine National Oil Company (PNOC) has penciled in up to P5.0 billion worth of capital outlay for the repurposing of its Energy Supply Base (ESB) port facility in Mabini, Batangas, so it could be lined up for the logistics needs as well as to underpin support services to the thriving...
ACEN Renewables International Pte. Ltd (ACRI), a subsidiary of Ayala-led ACEN Corporation, has sealed AU$75 million green term loan facility with HSBC, which it will funnel into its expansion for renewable energy (RE) projects in Australia. According to the company, “the green term loan will...
The Paris-headquartered International Energy Agency (IEA) indicated that while positive developments were attained at the COP28 Climate Change Summit, the commitments from more than 100 countries might still not be enough to put the world on track to the 1.5°C global warming limit cast in the...
DUBAI, UAE – Players in the renewable energy sector of the Philippines are strategically seeking the help of the Danish government in helping address ‘tightness’ in the workforce for technical as well as managerial skills currently being experienced in the flourishing solar industry. In an...
DUBAI, UAE – As the JOBS4RE initiative has started gaining high-powered support from various countries as well as development-partners, the Philippines is joining peers in the world on this transformative movement that will address glaring gap on the technical as well as professional skills that...
