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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Clark expands Asia reach with Ho Chi Minh flights

Clark International Airport is expanding its regional connectivity with Ho Chi Minh City as its newest international destination, strengthening its role as an alternative gateway for travelers from Central and Northern Luzon.

Pag-IBIG housing assets top P1T as lending grows

Pag-IBIG Fund’s housing-related assets have surpassed P1 trillion as stronger home financing and lending to housing developers continued to expand its portfolio.

Philippines seeks bigger trade gains with New Zealand, Thailand

The Philippines is stepping up efforts to expand trade and investment with New Zealand and Thailand, using new bilateral mechanisms to widen market access, address trade barriers, and develop new commercial opportunities.

Domestic trade volume plunges as fuel costs surge

The Philippines’ domestic trade volume plunged 38 percent year on year to 10.57 million tons in the second quarter of 2026, as higher logistics costs amid the Middle East conflict likely weighed on commodity movements.

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