Subic EnerZone Corporation, a power distribution utility of Aboitiz Power Corporation, has officially renewed its partnership with the Subic Bay Metropolitan Authority to continue managing and operating the Subic Bay Freeport Zone’s electrical distribution system for another 25 years.
Citicore Renewable Energy Corporation (CREC) has secured P35.014 billion in syndicated financing from three Philippine banks to bankroll five solar projects in Batangas, expanding its renewable energy footprint as the country seeks to bolster power supply and accelerate the shift to cleaner energy.
Globe Telecom Inc. announced Friday that more than 1,000 of its cell sites are now running on renewable energy as of August 2026, marking a key step in the company’s push toward cleaner and more reliable operations. The shift was made possible through the government’s Retail Aggregation Program, making Globe the first telecommunications provider in the country to reach this milestone.
The electricity grid is getting busier. Rooftop solar panels are turning homes into power producers, batteries are storing energy for later, and electric vehicles are adding new demands to the system.
The Philippines is seeking Japanese financing and investment to reduce energy and logistics costs, with the Luzon Economic Corridor emerging as a priority under a renewed partnership between the Department of Finance (DOF) and Japan Bank for International Cooperation (JBIC).