Tag: renewable energy

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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. 

Renewable energy as transportation power source under tripartite study

The Department of Energy (DOE) has signed an agreement with Pilipinas Shell Petroleum Corp. (PSPC) and Shell Energy Philippines, Inc. (SEPH) for the conduct of a pilot electric vehicle (EV) charging station inquiry run by renewable energy (RE) sources such as solar.

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Dubai Chamber opens Manila office to boost trade

The Dubai International Chamber has officially opened its first representative office in Manila, signaling a stronger push to deepen trade and investment ties between Dubai and the Philippines.

BOC intelligence deputy commissioner resigns; replacement being lined up

The Bureau of Customs (BOC) said its Intelligence Group is currently without a deputy commissioner after Romeo Allan Rosales resigned, effective last Monday.

Cebu Pacific passenger growth strong, eyes fuel risks

Cebu Pacific reported robust passenger growth in March but flagged a cautious outlook for the months ahead as volatile fuel prices threaten to pressure margins.

REDC reports strong earnings jump in 2025, driven by higher power generation

Repower Energy Development Corporation (REDC) reported a sharp increase in its earnings for 2025, reflecting stronger operations and continued expansion of its renewable energy projects.

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