CITICORE Renewable Energy Corp. (CREC) said it is planning additional agrosolar farms in Binalonan, Pangasinan; Tarlac City, Tarlac; and Silay, Negros Occidental.
The Visayas grid was placed on red alert for the fourth day this week from 5 p.m. to 8 p.m. Thursday due to insufficient power supply, National Grid Corp. of the Philippines (NGCP) said.
Thai power company RATCH Group is setting aside THB 10 billion (about PHP 17.5 billion) for existing projects and new investments, with a Philippine solar project among two renewable energy projects it expects to begin contributing revenue this year.
PetroEnergy Resources Corp. said Thursday its board has approved the sale of its 35-percent interest in PetroWind Energy Inc. to Japanese financial firm SMFL Mirai Partners Co. Ltd. for P1.7 billion.
Green technology company Envision Energy has opened a 1,500-square-meter national distribution center in Batangas, bringing wind turbine components and spare parts closer to its projects as the Philippines moves to expand renewable energy capacity.
MANILA, Philippines — Philippine National Bank (PNB) is backing a solar power and battery storage project in Iloilo with a P6.215-billion co-financing package, supporting the continued buildout of renewable energy capacity in the Visayas.
MANILA, Philippines — Renewable energy projects backed by the feed-in tariff (FIT) mechanism have delivered close to P100 billion in electricity cost savings in just two years, according to a think tank.
Southeast Asia’s recent increase in coal use is being seen largely as a temporary response to energy supply disruptions, with the region’s bigger energy-transition challenge shifting to grids, storage and cross-border connectivity, a new industry survey found.
After a punishing run through the first half of 2026, there are early signs that Luzon power prices may finally be beginning to ease.
THE Department of Energy (DoE) said it is considering allocating port access by offshore wind developers.