TACLOBAN CITY – The Northern Samar provincial government has welcomed the decision of Singapore-based Vena Energy’s local unit, Gemini Wind Energy Corp. (GWEC), to invest PHP20.2 billion to build a 304-megawatt (MW) wind farm in the province.
MERALCO POWERGEN CORP. (MGEN), a subsidiary of Manila Electric Co. (Meralco), has started scouting contractors for its proposed 1,273-megawatt (MW) coal power projects in Cebu and Quezon after securing government approval.
SP NEW ENERGY CORP. (SPNEC) has secured a P3.78-billion loan from the Philippine National Bank (PNB) to fund the expansion of its solar farm in Tarlac.
MANILA, Philippines — Alternergy Holdings Corp., chaired by former energy secretary Vince Perez, has seized control of two wind power projects with a total capacity of 246 megawatts (MW) in Quezon province.
The National Grid Corp. of the Philippines (NGCP) is seeking approval for about P33 billion ($589 million) in projects to connect power plants in its Luzon and Visayas grids, according to a company application.
Retail electricity supplier Shell Energy Philippines, Inc. (SEPH) is expanding its renewable energy (RE) portfolio to align with the Philippines’ goal of increasing clean energy in its generation mix.
Eight more firms have joined the Net Zero Carbon Alliance (NZCA), a group of local companies and organizations that commits to become carbon neutral, bringing to 41 the total number of its private sector partners since it was launched in 2021.
MANILA – Government policies that support the installation of more renewable energy (RE) projects make the Philippines attractive to foreign investors, an official of the British Embassy Manila said.
The government’s Green Lane Program for Strategic Investments has certified 216 projects with a combined value of P5.93 trillion as of Sept. 15, 2025, with renewable energy emerging as the country’s strongest magnet for capital.
The Department of Energy has released draft terms for its fifth open and competitive selection process to award renewable energy service contracts.