Energy
DMCI Power to expand off-grid capacity by 43 MW this 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.
PH, UAE strengthen clean energy ties with $15B investment deal
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 secures P1B financing for Bataan solar project
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.
Meralco secures financial closure for 550-MW Pangasinan solar project
Manila Electric Co. (Meralco) subsidiary MGen Renewable Energy Inc. (MGreen) and its foreign partner Vena Energy have successfully secured financial close for the 550-megawatt (MW) Bugallon Solar Power Project in Pangasinan, marking a significant step forward in the country's renewable energy sector.
Aboitiz Solar powers cement industry green shift
Aboitiz Upgrade Solar Inc. (AUSI), a partnership between Aboitiz Power Corp. and Upgrade Energy Philippines, has entered into a pivotal long-term solar power purchase agreement (PPA) with Republic Cement & Building Materials Inc. (RCBM).
