The race to renewable energy (RE) integration continues, as the Department of Energy (DOE) has approved five clean energy projects for system impact studies (SIS). These endorsements to the National Grid Corporation of the Philippines (NGCP) will help assess the viability of the power grid to...
Yuchengco-led PetroEnergy Resources Corp. (PERC) reported a decrease in its net income for the first three months of 2025 due to expenses for its renewable energy (RE) developments. In a statement, PERC reported a consolidated net income of ₱281 million for the first quarter of 2025, reflecting a...
Citicore Renewable Energy Corp. (CREC) saw an eight-percent increase in its net income during the first three months of 2025. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, May 15, CREC said it earned ₱230 million in net income during the first quarter of this year, higher...
Lopez-led First Gen Corp. (FGen) announced that Singaporean data developer and operator Digital Edge Holdings Pte. Ltd. has integrated renewable energy (RE) into its data center in Laguna. During the signing ceremony on Wednesday, May 14, FGen said it was tapped to power Digital Edge’s NARRA1...
The Department of Energy (DOE) is anticipating a total of 19,190 megawatts (MW) worth of energy projects from 2025 to 2030, spanning across non-renewable and renewable energy (RE). These capacities projected by the DOE would help meet the country’s rising power demand and further support economic...
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...
