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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Cebu Pacific boosts fleet with new A320neo

Cebu Pacific has taken delivery of an additional Airbus A320neo, moving forward with its fleet modernization drive to raise operational efficiency. The aircraft arrived in Manila from Airbus’ production facility in Tianjin, China on September 11. It marks the third of four A320neo units the carrier is set to receive this year.

Cebu Pacific passenger traffic rises as capacity tightens

Cebu Pacific carried more than 2.1 million passengers in August, up 1.9 percent from a year earlier, as stronger domestic traffic offset a decline in international passengers amid tighter capacity.

Dominion shareholders clear merger for Tampakan control

Dominion Holdings Inc. (DHI) shareholders approved the company’s merger with Indophil Resources Phils. Inc. and Sonar Holdings Inc., clearing a major corporate hurdle in its bid to gain control of the Tampakan copper-gold project in South Cotabato.

Robust fundamentals fuel optimism for PH finance

The Philippine financial system remains solid even amid difficult global conditions, the Financial Stability Coordination Council (FSCC) confirmed during its 46th Executive Committee meeting held at the Bangko Sentral ng Pilipinas (BSP) headquarters in Manila. FSCC Chairman and BSP Governor Eli M. Remolona, Jr. noted that global risks are still high, driven by geopolitical tensions in the Middle East and unstable financial markets, but emphasized the system is well-placed to absorb any shocks.

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