Basic Energy Corp. said its subsidiary RDG Wind Energy Corp. has completed the wind resource assessment (WRA) for Mabini Wind Power Project, a renewable energy project RDG Wind manages.
Renewable energy developer Joy~Nostalg Solaris Inc. has entered into an engineering, procurement, and construction (EPC) contract with China Energy Engineering Group Northeast No. 1 Electric Power Construction Co. Ltd. for its 62 megawatt (MW) solar project in Ajuy, Iloilo.
The Energy Regulatory Commission (ERC) has postponed its decision on several proposed rate hikes for the universal charge for missionary electrification (UCME), which funds off-grid power plants across the Philippines.
Citicore Renewable Energy Corp. (CREC) is allocating over P35 billion in capital expenditures (capex) this year as part of its growth plan, with the company aiming to end 2025 with approximately 1,200 megawatts (MW) in operational projects.