MANILA, Philippines — The Filinvest Group has switched on its P1-billion solar park in Misamis Oriental, as the Gotianun-led firm’s first large-scale solar asset.

Listed solar developer SP New Energy Corporation (SPNEC) has confirmed that preparations are underway for its planned merger with MGEN Renewable Energy, Inc., (MGEN Renewables) with the transaction targeted for completion in the fourth quarter of 2026 and a planned re-IPO eyed by March 2027.

THE Energy Regulatory Commission (ERC) has approved a green energy auction reserve (GEAR) price ceiling of P9.3 per kilowatt hour (kWh) for pioneer biomass waste-to-energy (WTE) projects, targeting an installation capacity of 230 megawatts (MW).

The Department of Energy (DOE) is moving ahead with a 230-megawatt Waste-to-Energy (WTE) Special Auction Round under the Green Energy Auction Program (GEAP), with supplier registration set to open on May 25, 2026.

The Energy Regulatory Commission (ERC) is advancing a proposed regulatory framework that would establish pricing rules for solar home systems (SHS) deployed in missionary and off-grid areas, a move that could reshape electrification delivery in unserved and underserved communities.

The Department of Environment and Natural Resources’ Environmental Management Bureau (DENR-EMB) has scheduled public hearings next month for the proposed 600-megawatt Wawa Pumped-Storage Hydropower Project in Rizal, including additional components tied to its planned transmission connection to the National Grid Corporation of the Philippines (NGCP).

MANILA, Philippines — The government is intensifying efforts to ensure the country will source half of its power generation from renewables by 2040, with new auction rounds eyed to secure 20 gigawatts (GW) of additional capacity.

The Social Security System (SSS) on Friday announced plans to roll out an Energy Sustainability Loan Program that will allow qualified members to avail of financing to install residential solar panel systems that they can pay for up to seven years.

MANILA, Philippines — SM Investments Corp. (SMIC) said it increased renewable energy sourcing to 31 percent of its total electricity consumption in 2025 as the group accelerated its shift toward cleaner energy across its businesses.

Filinvest Development Corp. has inaugurated its first large-scale solar power project in Mindanao, a 20.774-megawatt peak (MWp) facility in Tagoloan, Misamis Oriental, marking its entry into the utility-scale renewable energy market.