House Committee on Nuclear Energy Chairman Pangasinan 2nd district Rep. Mark Cojuangco didn 't mince words as he gave his opinion about the Department of Energy 's (DOE) policy on renewable energy (RE). Speaking during the joint hearing of the Committees on Energy and on Legislative...
The Department of Trade and Industry (DTI) is studying a new policy that would regulate the manufacturing, distribution, and use of solar energy systems in the country as part of efforts to strengthen public safety and address concerns raised by electric utility firms. During a public consultation...
The power generation arm of Manuel V. Pangilinan-led Manila Electric Co. (Meralco) has clarified that its upcoming merger with SP New Energy Corp. (SPNEC) will have no immediate impact on financials or public ownership, maintaining business as usual as the corporate heavyweight prepares for a...
Citicore Renewable Energy Corp. (CREC) reported a 58 percent increase in first-quarter profit as the company accelerated the rollout of its solar portfolio and capitalized on rising electricity sales. In a disclosure to the Philippine Stock Exchange on Friday, May 15, CREC reported that net income...
Batangas 1st District Rep. Leandro Antonio L. Leviste and five other fellow executives of the Solar Para sa Bayan Corporation (SPSB/SPBC) are facing a criminal complaint before the Department of Justice (DOJ) for their alleged failure to meet the conditions of the legislative franchise granted to...
Greenlight Holdings Inc. secured a ₱9.36 billion senior term loan facility to fund the ongoing construction of its 240-megawatt-peak San Isidro Leyte Solar Power Project. In a statement, Greenlight said t he joint-venture developer obtained the project finance package from China Banking Corp....
State-run pension fund Government Service Insurance System (GSIS) has launched a new loan facility to help members reduce daily transportation costs by financing bicycles and electric mobility devices. In a statement on Monday, May 4, GSIS said it rolled out the Ginhawa Bike and E-Mobility Loan...
ILOILO CITY – SM Development Corp. (SMDC) launched its first solar energy system in the Visayas at Style Residences here during Earth Day on April 22. The system is seen to reduce energy consumption by 15 percent and used to satisfy electricity requirements, including lighting and shared...
Solar energy is no longer a distant concept in the Philippines. It is an increasingly viable, working solution to today’s energy challenges. As demand continues to rise and pressure on the grid becomes more apparent, renewable energy has moved from discussion to deployment, with institutions...
Expanding beyond agriculture, the Department of Science and Technology (DOST) is rolling out solar energy applications in transport and other sectors to reduce reliance on imported fuel. In an interview, DOST Secretary Renato Solidum Jr. said the agency is pursuing multiple programs that integrate...
To reduce congestion to the power grid and improve power availability to the communities it serves, SM Prime Holdings Inc. (SM Prime) has implemented the use of rooftop solar power systems across its properties and nationwide network of SM Supermalls. Since its pioneering installation of solar...
Citicore Renewable Energy Corp. (CREC) is ramping up its solar capacity as it adds nearly 70 megawatt-peak (MWp) to its portfolio. In a statement on Tuesday, March 31, CREC announced that it has energized its 69-MWp Citicore Solar Negros Occidental 2 solar power plant, which will contribute...
