Tripartite pact to boost renewable energy in QC
In a strategic move to fast-track renewable energy (RE) adoption, the Manila Electric Co. (Meralco), the Energy Regulatory Commission (ERC), and the Quezon City local government unit (LGU) have signed a tripartite agreement to streamline and scale up distributed energy deployment in the metro.
NGCP greenlights grid study for Ilocos offshore wind project
PetroEnergy Resources Corp. (PERC) announced that its affiliate, Buhawind Energy Northern Luzon Corp. (BENLC), has secured regulatory approval from the National Grid Corporation of the Philippines (NGCP) for the facilities study of its 2,000 MW offshore wind project in Ilocos Norte.
DENR seeks stronger private sector role in forest rehab, carbon credit push
The Department of Environment and Natural Resources (DENR) is urging greater private sector involvement in national forest rehabilitation efforts, highlighting opportunities in carbon credit generation and climate resilience building.
Phinma Education eyes expanding Southeast Asia footprint
Phinma Education Holdings Inc., the education arm of Phinma Corporation, is ramping up its regional expansion as it sets sights on entering the Vietnamese market by 2027 while accelerating growth efforts in Indonesia and the Philippines.
Wilcon income slips to ₱1.16B as expansion drives up costs
Listed home improvement and construction supply retailer Wilcon Depot Inc. on Tuesday reported a 23 percent drop in net income for the first half this year to ₱1.16 billion from ₱1.51 billion last year.
