With its regulatory imprimatur, the Energy Regulatory Commission (ERC) is paving the way for more affordable electricity to household consumers via a net metering program utilizing solar energy. Under the ERC-underpinned regulation framework, net metering will allow solar owners with less than...
Citicore Energy REIT Corporation (CREIT), the listed real estate investment trust (REIT) affiliate of Citicore Renewable Energy Corporation (CREC), has logged significant upturn in net income in the first quarter this year to P300 million from a leaner P24 million in the same period last year. The...
What makes the Philippines the most ‘fundamentally attractive’ solar market in Southeast Asia? SOLARMAN Solar Philippines CEO Leandro Leviste Solar Philippines may have engaged in international opportunities for solar development but it will be more focused on expanding the solar sector of its...
The Subic Bay Metropolitan Authority (SBMA), holding true to its commitment to promote the use of renewable energy, has welcomed its partner Indigo Distribution Corporation in putting into the boardroom a proposal to set up an Electric Transport System inside SBMA as part of a new initiative for...
Meralco PowerGen Corporation, a power generation subsidiary of Manila Electric Company (Meralco), will be tapping foreign partners for targeted investments in offshore wind farm installations. “We are very interested in offshore wind. These are huge investments, there are huge tracts of offshore...
The Department of National Defense (DND) signed a memorandum of understanding (MOU) with a South Korean electric company in Camp Aguinaldo, Quezon City on Tuesday, April 26, to establish solar panels in at least two military camps in Central Visayas and Northern Mindanao. (Courtesy of Department of...
Ayala-led ACEN Corporation is ramping up its renewable energy (RE) portfolio investments portfolio target across Asian markets to 18,000 megawatts (MW), a mammoth 13,000MW expansion from its original development plan of 5,000MW through year 2025, making it the biggest capacity build-up by a power...
Conti’s Bakeshop and Restaurant, known for its mouthwatering cakes, dessert, and savory meals, collaborates with a non-government organization to spread hope and delight to Filipino families living in off-grid communities. While many people turned their lights off in observance of Earth Hour,...
CANBERRA, Australia -- A massive solar farm proposed for northern Australia would reduce global greenhouse gas emissions by 480 million tons, an environmental assessment has found. The renewable energy company Sun Cable recently lodged its environmental impact statement (EIS) for the Australia-Asia...
The state weather bureau on Thursday, April 21, released images of the Sun showing three large sunspot groups. “Sunspots are areas on the Sun’s surface that are relatively cooler and appear dark than its surroundings,” said PAGASA. Sunspot group (Image courtesy of PAGASA) The patches,...
Senator Joel Villanueva on Monday called on the government to use solar power systems instead to cut down on electricity expenses. Villlanueva made his appeal after noting a big jump in the government's electricity bill, from P34.58 billion in 2017 to P40.06 billion in 2019. According to the...
Ayala-led ACEN Corporation and its German partner ib vogt are gearing up for solar project installations across Asian markets that will reach aggregate capacity of 1,000 megawatts. For that joint venture, the Ayala firm indicated that it will be infusing $200 million as equity investment while the...
