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...
Renewable energy (RE) firm Citicore Renewable Energy Corp. (CREC) delivered solid financial and operational growth in 2025 as it expanded its solar portfolio and optimized its capital structure. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, March 30, CREC reported a net income...
State-run pension fund Government Service Insurance System (GSIS) is off to a strong start with its Ginhawa Solar Energy Loan (GSEL) program, racking up over 1,200 applications worth nearly ₱400 million in less than 24 hours after its launch on Wednesday, March 25. “The rollout of GSEL is our...
To fully integrate solar energy into government facilities, the Department of Energy (DOE) is seeking a strong partnership with the private sector. Energy Undersecretary Felix Fuentebella stated on Wednesday, Aug. 6, that private institutions are needed to achieve the full installation of solar...
It took us ages to recognize the star of the show. Never was it the dirty emissions that have irreversibly jeopardized the planet. It’s the sun, awaiting the stardom that humanity should have long acknowledged. In a region in the Philippines, establishments allow the sun to “steal the show”...
The Philippine Solar and Storage Energy Alliance (PSSEA) said the solar energy industry is forecasted to expand further this year amid rapid pace of installation, helping the country reach its decarbonization goals. In a statement, the PSSEA noted the global rise of solar installations is...
Yuchengco-led PetroGreen Energy Corp. (PGEC) secured a P834 million loan from Rizal Commercial Banking Corp. (RCBC) for its solar power project in Dagohoy, Bohol. The amount will be used for the construction of the 27-megawatt renewable energy project, which is expected to be complete by fourth...
To reduce the electricity demand sourced from higher emission intensity, ACEN Corp.’s wholly owned subsidiary in Australia partnered with SmartestEnergy to offtake renewable electricity generated from the New England Solar project in New South Wales. The Ayala-led energy firm disclosed on...
The local government of Bugallon in Pangasinan, through Mayor Priscilla Espino, greenlighted PetroGreen Energy Corp.’s 25 megawatts (MW) solar power project. The Yuchengo-led firm said that the project, which will be located in a 25-hectare site in barangay Salomague Sur, is set to start...
Ayala group’s energy platform, ACEN Corp. has declared the cash dividends of its outstanding Series A Preferred Shares (PSE: ACENA) and Series B Preferred Shares (PSE: ACENB) for the fourth quarter of 2023. In a disclosure to the Philippine Stock Exchange on Friday, Nov. 3, ACEN’s board of...
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...
