Mapúa Malayan Colleges Laguna (Mapúa MCL) has switched to 100 percent renewable energy (RE), partnering with ACEN Renewable Energy Solutions (ACEN RES), the supply retail arm of the Ayala Group’s listed energy platform ACEN Corp.

MANILA, Philippines — First Gen Corp. of the Lopez Group is setting aside over P1 billion for the construction of the first large-scale solar farm in its portfolio.

THE Department of Energy (DoE) has issued notices of award to seven bidders in the third round of the green energy auction (GEA-3), subject to acceptance and compliance with post-auction requirements, with awarded projects expected to deliver over 6,600 megawatts (MW) of capacity.

STATE-RUN Power Sector Assets and Liabilities Management Corp. (PSALM) has set the minimum bid price for the sale of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power complex but opted not to disclose the amount.

S.I. Power Corp. (Sipcor) said Tuesday it is implementing corrective measures to resolve the power supply problems in the province of Siquijor.

The Department of Energy (DOE) announced that it is partnering with the Japan International Cooperation Agency (JICA) to launch a three-year project to identify hydropower potential sites and boost the Philippines’ renewable energy (RE) strategies.

The National Association of Electricity Consumers for Reforms (Nasecore) is asking the Department of Energy (DOE) to revise the competitive selection process (CSP) because it “clearly failed to uphold its core objectives of transparency, fair competition, and least-cost power supply procurement.”

MANILA, Philippines — The Asian Development Bank (ADB) expects the government’s geothermal de-risking facility to unlock fresh investments that could boost the Philippines’ standing on the global stage.

CITICORE Renewable Energy Corp. (CREC) has allocated a capital expenditure (capex) budget of more than $1 billion (around P56 billion) for this year, with the majority of the funds earmarked for its first gigawatt (GW) of solar power projects, its president said.

CITICORE ENERGY REIT Corp. (CREIT), the country’s first renewable energy real estate investment trust (REIT), is looking to pursue a fundraising initiative next year to finance new property acquisitions, its president said.