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...
Philippine economic growth in 2026 would have hit the government’s downgraded target range had the war in the Middle East been short-lived, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). However, the Bangkok-headquartered UNESCAP said a...
Ayala-led Globe Telecom Inc. is locking in long-term renewable energy (RE) contracts for its data center operations, moves intended to insulate the company from volatile power costs while meeting the intensifying electricity demands of the digital economy. The telecommunications giant said its...
Vena Group has secured ₱2.7 billion in financing for a new solar farm in Northern Luzon, Philippines, expanding its renewable energy portfolio in a region that has become a hub for the country 's green energy transition. In a statement, Vena Group said the renewable energy developer reached...
Repower Energy Development Corp. (REDC) reported more than twofold increase in profit as the hydropower operator reaped the benefits of new capacity and the deployment of capital raised from its stock market debut. In a disclosure to the Philippine Stock Exchange on Wednesday, April 15, the...
Renewable energy (RE) is now the name of the game following Malacañang 's declaration of a national energy emergency. In this regard, Camarines Sur 5th district Rep Migz Villafuerte has highlighted two solar-powered irrigation projects in his province that are seen to benefit 1,854 farmers...
Citicore Renewable Energy Corp. (CREC) continues to expand its footprint in northern Luzon with the successful energization of its 125-megawatt-peak (MWp) solar power plant in Pangasinan province. In a statement on Monday, April 13, CREC announced that the Citicore Solar Pangasinan (CS Pangasinan)...
Ayala-led renewable energy (RE) firm ACEN Corp. and its retail electricity supply (RES) unit continue to dominate the green energy retail market, but the company is now pushing to make clean energy more accessible to households by lowering the minimum demand threshold for participation in the Green...
Ayala-led renewable energy (RE) firm ACEN Corp. sees 2026 as a pivotal year, hopeful that renewed generation from its assets could catapult the company’s profits upward. In an ambush interview, ACEN Chief Executive Officer (CEO) Eric Francia said the company’s local wind operations are likely...
The push for renewable energy (RE) has seemingly become en vogue among congressmen due to the effects of the fuel price crisis, whch have placed a huge spotlight on the disadvantages of fossil fuel dependence. In recent weeks, a handful of lawmakers have championed pro-RE measures, with some going...
To expand domestic energy development amid the ongoing global price and supply volatility, the Department of Energy (DOE) announced that two new petroleum service contracts (SCs) will soon begin operations. In a statement on Tuesday, April 7, the DOE said that President Ferdinand R. Marcos Jr....
Ayala-led renewable energy (RE) firm ACEN Corp. remains the largest retail electricity supplier (RES) in the market, having taken over the majority of the franchise area of Manila Electric Co. (Meralco). According to Philippine Electricity Market Corp. (PEMC), ACEN’s RES arm captured 71 percent...
