ILOILO CITY – SM Development Corp. (SMDC) launched its first solar energy system in the Visayas at Style Residences here during Earth Day on April 22. The system is seen to reduce energy consumption by 15 percent and used to satisfy electricity requirements, including lighting and shared...
Solar energy is no longer a distant concept in the Philippines. It is an increasingly viable, working solution to today’s energy challenges. As demand continues to rise and pressure on the grid becomes more apparent, renewable energy has moved from discussion to deployment, with institutions...
San Miguel Global Power Holdings Corp., the energy unit led by billionaire Ramon Ang, has deployed ₱4.5 billion from its latest bond proceeds to accelerate the rollout of renewable energy projects in country. In a regulatory filing with the Philippine Dealing System Holdings, the company said...
The Governance Commission for Government-Owned or Controlled Corporations (GCG) has directed all state-run firms to implement necessary response measures to help mitigate the impact of the ongoing crisis. GCG “directs all concerned departments, agencies, offices and instrumentalities, including...
Repower Energy Development Corp. (REDC) surged ahead with its expansion strategy as the company’s board approved the acquisition of a new subsidiary to spearhead hydropower projects in Mindanao. In a disclosure to the Philippine Stock Exchange on Friday, April 24, REDC said the renewable energy...
Despite expanding its solar and wind power projects in 2025, Yuchengco-led PetroEnergy Resources Corp. (PERC) reported a decline in net income due to higher interest expenses and lower oil revenues. In a disclosure to the Philippine Stock Exchange on Thursday, April 23, PERC reported a 29.8 percent...
ACEN Corp. Chief Executive Officer (CEO) Eric Francia has dismissed speculation that parent company Ayala Corp. is seeking to divest its stake in the renewable energy producer, rebuffing reports that Japanese and Canadian investors are circling the firm. Speaking to reporters following the...
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business group, is backing the Department of Energy’s (DOE) proposal to lift the moratorium on new coal-fired power plants, describing the move as a pragmatic necessity to safeguard energy security and industrial...
Manila Electric Co. (Meralco) customers will receive a reprieve on their electricity bills starting next month after the Energy Regulatory Commission (ERC) ordered the utility to accelerate the multibillion-peso refund to insulate households from global energy volatility. In a statement on...
Jollibee Foods Corp. has achieved a first for the Philippine quick-service restaurant industry, securing a green building certification for its Tuguegarao City branch as the fast-food giant accelerates its push toward operational sustainability. In a statement, Jollibee said its Enrile branch in...
The Philippines and Slovenia are strengthening efforts to build a long-term partnership in energy security, leveraging science, technology, and innovation to develop resilient and cost-effective energy systems. The initiative was highlighted during the “Science2Business: Energy Resilience for...
TACLOBAN CITY – To conserve energy amid the conflict in the Middle East, MacArthur, Leyte Mayor Rudin Babante issued an executive order adopting Presidential Order 110, declaring a national energy emergency and prescribing energy conservation measures within the municipality. Executive Order 3...
