The Department of Energy (DOE) is providing significant support to 16 pioneering offshore wind (OSW) projects, collectively set to generate a substantial 16,652 megawatts (MW) of electricity.
DMCI Power Corporation (DPC), a leading off-grid energy provider in the Philippines, reported a record 491.2 GWh in energy sales for 2024, marking a 9 percent increase over the previous year.
DMCI Power Corp. (DPC) is set to significantly boost its off-grid energy capacity this year, adding 43 megawatts (MW) across multiple projects, a move that strengthens its presence in the Philippine energy market.
The Philippines’ Department of Energy (DOE) has signed an agreement with UAE-based renewable energy firm Masdar to develop up to 1,000 MW of renewable energy (RE) capacity across the country.
Alternergy Holdings Corp. has secured a P1 billion senior term loan from Rizal Commercial Banking Corp. (RCBC) to fund the construction of its 28 MW Balsik solar power project in Hermosa, Bataan.