The Department of Energy (DOE) and the BARMM’s Ministry of Environment, Natural Resources and Energy (MENRE) have signed two key agreements: a Transition Agreement (TA) on power and electrification, and a Memorandum of Cooperation (MOC) on energy efficiency.
Saudi Arabia-based ACWA Power has signed a lease agreement with the Bases Conversion and Development Authority (BCDA) for a 500-hectare site in New Clark City, paving the way for a utility-scale solar and battery storage project that could attract up to USD200 million in investments and supply clean power to emerging industries in Central Luzon.
The Department of Trade and Industry is moving to require mandatory certification for solar energy products sold in the country, seeking to protect consumers from substandard equipment as demand for renewable energy solutions accelerates.
The Mines and Geosciences Bureau (MGB) forecasts a favorable 2026 for the mining sector, driven by strong global demand for energy transition minerals and steady commodity prices.
EcoSolar Energy Corp. (ESEC), a member of the Yuchengco Group, has secured an Environmental Compliance Certificate (ECC) for its 98.20 MW solar plant in Panitan, Capiz.