Tag: green energy

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CREIT posts steady earnings on long leases

Citicore Energy REIT Corp. (CREIT) delivered stable earnings in 2025, underscoring the resilience of its long-term lease model amid broader market volatility.

Yusen powers logistics hub with clean energy

Yusen Logistics Philippines, Inc. has taken a decisive step toward decarbonizing its operations, signing a supply agreement with ACEN Renewable Energy Solutions to power its Parañaque City head office entirely with renewable energy.

PCC warns on auctions as DOE tweaks

The Philippine Competition Commission (PCC) has flagged competition risks in the design of earlier Green Energy Auction Program (GEAP) rounds, prompting the Department of Energy (DOE) to fine-tune its bidding framework as the government pushes to scale up renewable energy capacity.

Alternergy secures GEA awards, fast-tracks expansion

Renewable power pioneer Alternergy Holdings Corp. has cleared a major regulatory hurdle after receiving all five Certificates of Award from the Department of Energy for the projects it won under the Green Energy Auction 4 program.

France’s Ofi Invest, PNOC power up green play

France’s Ofi Invest Group and the Philippine National Oil Co. (PNOC) have forged a new cooperation framework to accelerate biomethane development and circular-economy solutions in the Philippines, signaling fresh momentum for the country’s energy transition.

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Vivant Water desalination project boosts Cebu water supply

Vivant Water has begun supplying desalinated water to the Metropolitan Cebu Water District (MCWD), adding an initial 5 million liters per day to the system as Cebu seeks more reliable sources to meet rising demand.

Australian investors with A$1.4 trillion scout Philippine deals

Australian institutional investors overseeing nearly A$1.4 trillion in assets are in the Philippines this week to scout deals in energy, infrastructure, and other strategic sectors, bringing a potentially deep pool of long-term capital to the country.

IBPAP coalition targets global firms for $50B IT-BPM goal

The Philippines’ IT-BPM industry is mounting a fresh global investor push to help drive annual revenues past USD50 billion by 2028, with industry groups and corporate partners targeting new markets and higher-value operations.

Globe AT HOME, Grab expand on-demand fiber internet service to key PH cities 

Getting fiber internet at home is now as simple as ordering food delivery, as Globe AT HOME and Grab expand the country’s first order-and-install WiFi-on-demand service to more customers in Metro Manila, Cebu, and Davao.

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