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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Kairos Care eyes Philippine IT-BPO hub for Australian healthcare

Australian healthcare provider Kairos Care/Kairos Medical Group is exploring the Philippines as a base for export-oriented IT-BPO operations that would support its Australian healthcare business, adding to growing interest in the country as a destination for knowledge-intensive services.

Solane, PASCO help carinderias fight rising costs

Small food businesses are getting a practical boost as Solane and the Philippine Association of Sari-Sari Store and Carinderia Owners (PASCO) roll out a nationwide program designed to cut operating costs, improve kitchen safety, and make micro enterprises more resilient.

Globe Business boost financial institutions’ fraud defenses amid new anti-scamming law

As digital banking, e-wallets, and embedded finance transform financial access across the Philippines, Globe Business is equipping banks and financial firms with advanced, proactive security tools to meet requirements under the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.

Meralco restores power to most Habagat-affected customers

Manila Electric Company (Meralco), led by Manuel V. Pangilinan, has restored electricity to nearly all customers affected by service interruptions caused by the enhanced southwest monsoon or Habagat, following around-the-clock efforts by its crews and field personnel.

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