The Board of Investments (BOI) has awarded green lane certificates to Upgrade Energy Philippines Inc. (UGEP) to expedite regulatory approvals for its ₱3.62 billion solar power projects in Zambales and Capiz. UGEP's Cabangan solar project in Zambales, with a capacity of 56.771 megawatts (MW), has...
MGen Renewable Energy Inc. (MGreen), the renewable energy unit of Meralco PowerGen Corporation (MGen), has energized its 19.8-megawatt alternating current (MWac) solar power plant in Bongabon, Nueva Ecija. Inaugurated on Tuesday, Feb. 18, the plant is expected to supply power to at least 20,000...
Singapore-based renewable energy (RE) firm Gurin Energy has completed its first operational green project in Zambales province. In a statement on Wednesday, Feb. 19, Gurin Energy said the 75-megawatt (MW) Palauig solar plant has begun commercial operations under its subsidiary Shizen Inc. ...
Citicore Renewable Energy Corp. (CREC) is selling a portion of its shares to PT Pertamina Power Indonesia (PNRE) to fund its renewable energy (RE) projects in the Philippines and Indonesia. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Jan. 31, CREC announced that Citicore Power...
ILOILO CITY – A deal has been inked for the construction of a solar power plant project in northern Iloilo province. Joy~Nostalg Solaris Inc. (Solaris) recently signed an engineering, procurement, and construction (EPC) contract with China Energy Engineering Group Northeast No. 1 Electric...
BACOLOD CITY – The city government officially launched its solar power system on Wednesday, Dec. 18. BACOLOD City officials led by Mayor Albee Benitez (center) launch the solar power system at the Bacolod City Government Center (BCGC) with Frederic Tesfay (third from right), project head of the...
BACOLOD CITY – Solar power systems with a total of capacity of 1,340 kilowatts have been installed at the Bacolod City Government Center (BCGC) and 16 barangays here as this city pushes for sustainable energy. These systems are expected to generate a total energy savings of approximately...
President Marcos has assured Filipinos anew that his administration is committed to ensuring that the country has a steady and reliable power supply amid the rise of technology and the growing electricity demand. Malacañang photos Marcos said this as he led the groundbreaking of the 3,500-hectare...
Solar solutions provider Greenheat Corporation plans to expand its operations in the coming months by increasing its installed capacity from 40 to 50 megawatts (MW) to 100 MW. In a briefing on Tuesday, Oct. 22, Glenn Tong, Greenheat managing director, said this ambitious goal is part of the...
Prime Solar Solutions Corp., a unit of the Razon-led Prime Infrastructure Capital Inc., officially opened its 64-megawatt solar power facility in Maragondon, Cavite on Wednesday, July 17. In a statement, Guillaume Lucci, Prime Infra president and chief executive officer, said the completion of the...
Because of a newly energized battery energy storage system (BESS), renewable power firm Alternergy Holdings Corp. was able to beef up its financial revenues for the fiscal year 2024. Alternergy’s revenues as of March 2024 were boosted by 44 percent to P182.5 billion due to the Palau Solar BESS...
Renewable power pioneer Alternergy Holdings Corp. has secured a green corporate loan to continue constructing its renewable power projects for 2024. Alternergy announced on Wednesday, May 8, that it will have a P4 billion green corporate loan to be utilized for projects like the Tanay and Alabat...
