Inaugurating Phase I of the Meralco Terra (MTerra) Solar Project, President Marcos said it would help shield the Philippines from global energy supply shocks. During the inauguration led by Marcos and First Lady Liza Araneta-Marcos on Tuesday, July 14, in Gapan City, Nueva Ecija, the President said...
Social Security System (SSS) is earmarking ₱40 billion to finance a planned solar panel loan program that could benefit around 100,000 households. SSS President and Chief Executive Officer (CEO) Robert Joseph De Claro told reporters in a recent interview that the state-run pension fund is...
The renewable energy (RE) arm of Aboitiz Power Corp. (AboitizPower) has expanded its solar portfolio with the completion of its 92.55-megawatt-peak (MWp) solar plant in Pangasinan province. In a statement on Tuesday, June 30, Aboitiz Renewables Inc. (ARI) said it had completed the San Manuel solar...
Manuel V. Pangilinan-led Manila Electric Co.’s (Meralco) solar subsidiary has partnered with two Japan-based companies to develop solar projects for industrial facilities in the Philippines. In a statement on Thursday, June 25, MSpectrum Inc. said it secured a joint venture (JV) agreement with...
SINGAPORE — The Philippines is among the countries best positioned to help meet Asia’s rapidly growing electricity needs, with its rich geothermal resources as well as expanding wind and solar sectors offering significant potential for renewable energy (RE) development, according to...
Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power. Data released Wednesday by global energy think tank Ember, along with a report by the Solar Energy Industries Association and analytics firm...
The Visayas grid is expected to get additional solar capacity by 2028 after EcoSolar Energy Corp. (ESEC) clinched the environmental clearance required to advance its utility-scale solar development in Capiz province. In a statement on Tuesday, June 2, ESEC said it has secured an environmental...
Telecommunications giant PLDT Inc. is going all in on solar energy as it plans to roll out a new service offering that would allow customers to pay for internet and solar power solutions under a single package. PLDT, through its broadband unit PLDT Home, said it is exploring a “pioneering...
House Committee on Nuclear Energy Chairman Pangasinan 2nd district Rep. Mark Cojuangco didn 't mince words as he gave his opinion about the Department of Energy 's (DOE) policy on renewable energy (RE). Speaking during the joint hearing of the Committees on Energy and on Legislative...
The Department of Trade and Industry (DTI) is studying a new policy that would regulate the manufacturing, distribution, and use of solar energy systems in the country as part of efforts to strengthen public safety and address concerns raised by electric utility firms. During a public consultation...
The power generation arm of Manuel V. Pangilinan-led Manila Electric Co. (Meralco) has clarified that its upcoming merger with SP New Energy Corp. (SPNEC) will have no immediate impact on financials or public ownership, maintaining business as usual as the corporate heavyweight prepares for a...
Citicore Renewable Energy Corp. (CREC) reported a 58 percent increase in first-quarter profit as the company accelerated the rollout of its solar portfolio and capitalized on rising electricity sales. In a disclosure to the Philippine Stock Exchange on Friday, May 15, CREC reported that net income...
