Ayala-led ACEN Corp. has committed P2 billion for green projects in Northern Luzon following successful preferred shares issuance last month. In a disclosure to the Philippine Stock Exchange on Wednesday, Oct. 11, ACEN said the company has disbursed P1.72 billion for solar projects in Zambales,...
How often do you use CALAX to go to Tagaytay? When CALAX opened, it really alleviated traffic stress and shortened the trip from Manila to Tagaytay. As an advocate of technology, I believe that the perfect road trip equation consists of a reliable car, scenic landscapes, a solid itinerary, and most...
Solar Tanauan Corp.’s solar power plants are set to be Batangas and Cavite’s new renewable energy source. The solar plants of Tanauan, Batangas, and Maragondon, Cavite are expected to hold a gross capacity of 140 megawatts. It was estimated that 84,000 households will be powered by...
PetroSolar Corporation (PSC), which is a subsidiary of Yuchengco-led PetroGreen Energy Corporation (PGEC), has cemented a power supply agreement (PSA) with Shell Energy Philippines Inc. for a capacity delivery that shall be drawn from the former’s 20-megawatt Tarlac-2 solar farm that is sited at...
Ayala-led ACEN Corporation has committed tripling of investments in the Australian energy market to AU$6 billion until 2026; and that primarily gained recognition from visiting Australian Prime Minister Anthony Albanese. The Australian leader’s acknowledgment of the core ventures of the Ayala...
BACOLOD CITY – Mayor Salvador Escalante Jr. is optimistic that the proposed 100-megawatt (MW) floating solar farm in Cadiz City, Negros Occidental will further cement the city as the renewable energy (RE) capital of the province. AMHI President Ramon Montelibano and ZRC President Jabez Alvarez...
ILOILO CITY – A power plant in northern Iloilo province has started construction of a 5.1-megawatt (MW) solar farm. THE construction of a solar farm at Palm Concepcion Power Corp. (PCPC) is underway in Concepcion town, Iloilo province. (Jonathan Cabrera) The commencement of the...
State-run National Power Corporation (NPC) and its foreign development-partners have gained traction on rural solar photovoltaic (PV) installations that are set to benefit at least four electric cooperatives (EC) in Visayas and Mindanao grids. Via the Access to Sustainable Energy Programme (ASEP)...
McDonald’s Philippines, one of the country's biggest quick service restaurants (QSR), has installed solar rooftops in at least 25 of its stores. “The incorporation of sustainable solutions in its operations is a testament to McDonald’s recognition of its responsibility to be better for the...
Investors in the renewable energy (RE) sector are intensifying their call on the inclusion of hybrid solar and energy storage in the next round of green energy auction (GEA) by the Department of Energy (DOE). The RE investors said the combination of hybrid solar and energy storage is the "silver...
Citicore Renewable Energy Corporation (CREC) will put up a 10-megawatt solar farm project that will be embedded into the load network of Pampanga I Electric Cooperative (PELCO I). The RE company announced in a press statement that a memorandum of agreement (MOA) on this venture has already been...
Ayala-led ACEN Corporation and Australian partner Yindjibarndi Aboriginal Corporation (YAC) have agreed an initial AU$1.0-billion investment for their planned 750-megawatt solar and wind farm with battery storage project in Australia. In a statement, ACEN said that the investment will form part...