Countryside Investments Holdings Corporation (Countryside), a company wholly owned by Leandro Leviste, is investing over P5 billion to help propel the development of rural Batangas. In a statement, Leviste said this will be done in partnership with his renewable energy firm Solar Philippines Power...
To reduce the electricity demand sourced from higher emission intensity, ACEN Corp.’s wholly owned subsidiary in Australia partnered with SmartestEnergy to offtake renewable electricity generated from the New England Solar project in New South Wales. The Ayala-led energy firm disclosed on...
The solar and broadband solutions business units of Manila Electric Company (Meralco) have extended fusion of solar energy and internet connectivity services to the facilities of Mirax and Rima Corporations, real estate firms that have been advancing the development of green buildings. According to...
Ayala-led ACEN Australia inked a deal with Marubeni Asian Power Singapore to develop a battery energy storage system (BESS) in New South Wales, Australia. In a disclosure to the Philippine Stock Exchange on Tuesday, Mar. 5, ACEN said the company and Marubeni are set to produce 200 megawatts (MW)...
Ilocos Norte 1st district Rep. Sandro Marcos (Facebook) Sustainability is not just the name of the game; it's also the call of the times. With this in mind, it's understandable why Ilocos Norte 1st district Rep. Sandro Marcos was so happy to launch...
Greenfield as well as expansion generating facilities of Aboitiz Power Corporation will be shoring up power supply in the country this year by additional 400 megawatts – mainly coming from its solar plants that will be reaching commercial stream in the months ahead. In a briefing with reporters,...
After working on a moving target for years, power utility giant Manila Electric Company (Meralco) has finally cemented its sustainability-linked investments to P100 billion – with capital infusion fundamentally targeted for the company’s smart grid journey as well as renewable energy (RE)...
BACOLOD CITY – Citicore Renewable Energy Corp. (CREC) has invested P3 billion for the expansion of their solar power plant in Barangay E. Lopez, Silay City, Negros Occidental. CREC President and Chief Executive Officer (CEO) Oliver Tan, CREC Chairman Edgar Saavedra, Silay City Mayor Joedith...
Veritable clean energy developer Citicore Renewable Energy Inc. (CREC) is targeting to beef up its operating solar portfolio with additional 69-megawatt peak (MWp) capacity upon the commercial operations of its second solar farm project in Negros Occidental. The construction of the firm’s...
Green solution is in for Pampanga-based firm Laus Group of Companies (LGC) as it is now embracing the ‘power of the sun’, in sustaining its ‘prosumer’ journey to satiate the electricity requirements of its corporate buildings, while also locking in cost savings. Through a partnership with...
Power supply in the country will be shored up by 3,309 megawatts this year from new generating facilities; plus 334 megawatts that shall be drawn from battery energy storage systems (BESS), according to the Department of Energy. As culled from the department’s data, bulk of the capacity additions...
The Department of Energy (DOE), via its Energy Utilization Management Bureau (EUMB), will be issuing guidelines that shall govern the installations of solar photovoltaic (PV) systems at government-owned entities. In a draft Circular issued by the energy department, it stipulated that it will be...