Monday, 23 February 2026, 9:09 am

    Tag: renewable energy

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    Joint venture helping drive clean energy growth in AsPac

    Berde Renewables Inc., a renewable energy company backed by I Squared Capital, has announced a strategic joint venture with Power Systems and Solutions Co....

    CICC, PNOC parter to deploy green energy in disadvantaged areas

    The Cybercrime Investigation and Coordinating Center (CICC) and the Philippine National Oil Co. (PNOC) have signed a memorandum of agreement to explore the use of hybrid solar and wind energy systems for sustainable power in underserved and unserved areas across the Philippines.

    Oriental Peninsula affiliate signs power deal with Marubeni 

    Oriental Peninsula Resources Group Inc., which trades on the stock exchange under the symbol ORE, said Tuesday one of its affiliate, Oriental Energy & Power Generation Corp., has signed an agreement with Japan’s Marubeni Corp. for the development of renewable energy sources in the Philippines. 

    SP New Energy bent on completing stock rights, asset-for-share swap with Solar Philippines

    SP New Energy Corp.,  a listed renewable energy company, is committed to complete its stock rights offering that will raise P2.82 billion in fresh equity to pursue various green energy projects and facilitate its proposed share-for-asset  swap with Solar Philippines Power Project Holdings Inc.  

    ACEN receives feasibility study grant for Australian pumped hydro project

    The clean energy company said that if found feasible, the project will start construction in 2025 and should be operational before 2030. The project is a large-scale, long duration renewable energy storage facility meant to support several nearby wind and solar assets. 

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    New coffee office seen to transform PH coffee sector

    The Philippine Coffee Board Inc. (PCBI) has welcomed the Department of Agriculture’s creation of a Coffee Industry Development Office (CIDO), calling it a timely move that could strengthen the country’s coffee sector and benefit both farmers and consumers.

    ERC raises offshore wind auction price to P11/kwh, signals more adjustments ahead

    The Energy Regulatory Commission (ERC) has raised the Green Energy Auction Reserve (GEAR) price for offshore wind projects to P11 per kilowatt-hour (kWh) under the fifth round of the government’s Green Energy Auction (GEA-5) program.

    Ayala Land shifts to leasing, sets P80B capex for 2026

    Ayala Land Inc. is setting aside between P70 billion and P80 billion in capital spending this year, lower than last year’s P92.9 billion, as it shifts focus toward leasing and hospitality projects that generate steady income.

    NFA raises P936.5M in aging rice auction, clears way for bigger palay buying

    The Department of Agriculture (DA) reported that the National Food Authority (NFA) successfully auctioned off nearly 90 percent of its aging rice stocks, raising P936.5 million—above its P912.4 million target.

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