Tag page - re

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Five clean energy projects advances with DOE's go-ahead for system studies
The race to renewable energy (RE) integration continues, as the Department of Energy (DOE) has approved five clean energy projects for system impact studies (SIS).These endorsements to the National Grid Corporation of the Philippines (NGCP) will help assess the viability of the power grid to...
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PetroEnergy's Q1 net income dips 13% amid RE development costs
Yuchengco-led PetroEnergy Resources Corp. (PERC) reported a decrease in its net income for the first three months of 2025 due to expenses for its renewable energy (RE) developments.In a statement, PERC reported a consolidated net income of ₱281 million for the first quarter of 2025, reflecting a...
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CREC net income up 8% in Q1 on higher RE sales
Citicore Renewable Energy Corp. (CREC) saw an eight-percent increase in its net income during the first three months of 2025.In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, May 15, CREC said it earned ₱230 million in net income during the first quarter of this year, higher than...
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FGen partners with Singapore's Digital Edge
Lopez-led First Gen Corp. (FGen) announced that Singaporean data developer and operator Digital Edge Holdings Pte. Ltd. has integrated renewable energy (RE) into its data center in Laguna.During the signing ceremony on Wednesday, May 14, FGen said it was tapped to power Digital Edge's NARRA1 data...
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Philippines to add 19 GW of energy capacity by 2030, majority renewable
The Department of Energy (DOE) is anticipating a total of 19,190 megawatts (MW) worth of energy projects from 2025 to 2030, spanning across non-renewable and renewable energy (RE).These capacities projected by the DOE would help meet the country's rising power demand and further support economic...
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Ayala's ACEN secures access for massive RE projects in Australia
Ayala-led ACEN Corporation, through its wholly-owned subsidiary ACEN Australia, has secured access to the Central West-Orana Renewable Energy Zone (CWO REZ) for its wind, solar, and battery storage projects in New South Wales, which will connect to a transmission infrastructure. In a disclosure to...
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Spotlighting Spain-Portugal blackouts: Philippines, are you paying attention?
While the Luzon and Visayas grids are enjoying a rare respite from their usual summer 'red ' and 'yellow ' alert spasms, Europe was hit hard by the massive Spain-Portugal blackouts on April 28 – a stark reminder that even giant energy markets can go dark when the grid buckles...
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