Energy
Sembcorp taps into PH renewable energy market with P4.5B acquisition
Sembcorp Industries Ltd., a Singapore-based power generation project developer, is poised to expand its footprint in the local renewable energy sector through a strategic acquisition.
Domestic solar and storage industry poised for growth in 2025
The Philippine Solar and Storage Energy Alliance (PSSEA) is optimistic about the continued growth of solar and energy storage projects in the country, driven in part by the green energy auctions (GEA) organized by the Department of Energy (DOE). Given the third, fourth, and fifth rounds of the GEA this year, PSSEA president Jose Rafael Mendoza forecasts 2025 to be a pivotal year for the renewable energy sector.
Continued PH growth hinges on energy transformation
The Philippine economy stands at a pivotal moment, with the World Bank projecting a strong growth rate of 6 percent from 2024 to 2026. However, the nation, energy advocates say, faces considerable challenges, particularly in its energy sector, which could undermine economic progress.
ACEN lends P30M to Pagudpud Wind
ACEN Corp., the renewable energy arm of the Ayala Group, announced on Friday that it has entered into a short-term loan agreement with its subsidiary, Pagudpud Wind Power Corp., for P30 million.
ERC-approved TWG to investigate Cebu power line incident
The Energy Regulatory Commission (ERC) has approved the creation of a technical working group (TWG) to investigate the damage caused to the National Grid Corporation of the Philippines' (NGCP) transmission line in Cebu, a development with significant power supply and commercial activity implications in the region.
