CITICORE Renewable Energy Corp. (CREC) has secured a ₱4.05-billion project finance loan from the Land Bank of the Philippines (LandBank) to fund the construction of two solar power projects with
A recent investigative report cast a spotlight on the Philippines’ renewable energy (RE) sector, noting that some of the country’s largest conglomerates have emerged as its key players. It argued
SP New Energy Corp. (SPNEC) has taken another step toward its planned merger with parent MGEN Renewable Energy Inc. (MGEN Renewables), approving a budget for the professional services needed to
In recent months, many Filipinos have been hit by electricity bill shock, a term used to describe unexpectedly high power bills that leave households scrambling to adjust their expenses. A
ACEN Corp. is ramping up investments in its renewable energy pipeline after extending up to ₱3.85 billion in short-term loans to two wholly owned subsidiaries developing major wind and battery
ACEN Corp. has extended up to ₱850 million in short-term loans to wholly owned subsidiary Palauig Solar 1 Inc. to support the development of a battery energy storage system (BESS)
Vena Group has reached financial close on a ₱2.7-billion solar project in Ilocos Norte, reinforcing Northern Luzon’s growing role as a focal point of the Philippines’ renewable energy expansion and
Philippine Geothermal Production Co. Inc. (PGPC), the renewable energy arm of SM Investments Corp., is ramping up a multibillion-peso expansion of its geothermal portfolio as the country grapples with rising
Sual Power Inc. (SPI), a subsidiary of San Miguel Global Power Holdings Corp. (SMGP), has emerged as the lowest bidder in Manila Electric Co.’s (Meralco) competitive selection process (CSP) for
In the highland barangay of Tinongdan in Itogon, Benguet, access to electricity has long been shaped by distance, terrain, and isolation. For Domolpos Community School, a small learning center serving