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...
Three Philippine power giants—Manila Electric Company (Meralco), Aboitiz Power Corporation (AboitizPower), and San Miguel Global Power Holdings Corporation (SMGP)—have strengthened their alliance with the recent financial close of a $3.3 billion (approximately ₱192.9 billion) deal. In...
Renewable energy firm Citicore Renewable Energy Corp. (CREC) and San Miguel Global Light and Power Corp. (SGLP) plan to complete their solar plant project by 2026, with construction commencing this year. In a briefing, Oliver Tan, CREC president said that the 153.5-megawatt (MW) solar power project...
ILOILO CITY — MORE Electric and Power Corp. (MORE Power) assured the people of steady power for the weekend highlight of the 2025 Dinagyang Festival. LINEMEN of MORE Power in Iloilo City. (Tara Yap) “We want to ensure that everyone can enjoy the Dinagyang celebrations...
SAGIP Party-list Rep. Rodante Marcoleta (Facebook) SAGIP Party-list Rep. Rodante Marcoleta took issue with what he described as the undue focus given to transmission company National Grid Corporation of the Philippines (NGCP) on the problem of...
ILOILO CITY – The Razon-owned MORE Electric and Power Corp. (MORE Power) has been recognized for its contributions to the economic growth of this city. MORE Power linemen in Iloilo City. (Tara Yap) The Iloilo City Council passed a resolution that cited MORE Power’s role in economic growth...
DMCI-led Semirara Mining and Power Corporation (SMPC) is forecasting nearly P7 billion in capital expenditures (capex) for 2025, with the majority allocated for coal development. In a briefing, SMPC announced an anticipated P6.9 billion group capex. Approximately 84 percent of this amount (P5.8...
The Department of Energy (DOE) is supporting eight developers to pursue offshore wind (OSW) projects totaling nearly 17,000 megawatts (MW) set to begin construction in 2027. According to DOE data, these frontrunner projects have a potential capacity of 16,652 MW and are located in several...
Off-grid energy provider DMCI Power Corporation (DPC), a DMCI Holdings subsidiary, announced that its first renewable energy (RE) project will begin operations this year. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, Jan. 16, DPC stated that the Semirara Wind Project aims to...
Aboitiz Power Corporation's renewable energy unit, Aboitiz Renewables Inc. (ARI), announced it will move forward with the development of the Libmanan onshore wind project in Camarines Sur. In a statement, ARI said it has taken over the shares of its former partner, Mainstream Renewable Power...
Energy firm Semirara Mining and Power Corporation (SMPC) announced a new record for coal shipments in 2024, driven by stronger demand from China and domestic markets. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, Jan.14, SMPC reported reaching 16.5 million metric tons (MT) of...
