Tuesday, May 19, 2026
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Tag: renewable energy Philippines

DOE to auction 25 GW of renewable energy

The Department of Energy said Friday it will offer at least 25 gigawatts (GW) of additional renewable energy capacity through annual competitive auctions starting...

BCDA secures solar and manufacturing deals for Clark estates

State-run Bases Conversion and Development Authority (BCDA) said it is accelerating investment commitments in renewable energy and advanced manufacturing following two major agreements aimed...

CCC supports just and clean energy switch

The Climate Change Commission (CCC) called for a just and inclusive energy transition to give communities and various sectors time and support to adjust. The...

PSALM transfers CBK hydroelectric plants to Thunder Consortium

State-run Power Sector Assets and Liabilities Management (PSALM) Corp. transferred the 796.56-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex to Thunder Consortium on Monday. The ceremonial...

First Gen to power Makati luxury tower and hotel with geothermal energy

First Gen Corp. will supply geothermal energy to two major properties in the Makati central business district, The Shang Grand Tower and Valero Grand...

Investments endorsed via Green Lane hit P6.14 trillion

The Board of Investments has endorsed P6.14 trillion worth of projects under its Green Lane for Strategic Investments program, bringing the official tally to...

SPNEC changes name to MGEN Renewable Energy Holdings

SP New Energy Corp. (SPNEC) said Thursday its board has approved a change of its corporate name to MGEN Renewable Energy Holdings Inc. as...

BOI endorsed P977-billion investments in 2025

Department of Trade and Industry Secretary Ma. Cristina Roque on Tuesday announced the endorsement of 29 new projects worth P124.81 billion, bringing the total...

Philippine data center boom sparks surge in battery storage demand

The Philippines is emerging as a key market for battery energy storage systems (BESS) as a massive buildout of data centers puts unprecedented pressure...

Joy-Nostalg unit delivers community support projects

Jin-Navitas Solaris Inc., the renewable energy arm of the Joy-Nostalg Group, officially turned over Community Assurance Support (CAS) projects to residents of Pasinaya Homes...

PERC acquires BCPG’s 40% stake in PetroWind Energy

Yuchengco-led PetroEnergy Resources Corp. (PERC) said Friday it entered into a share purchase agreement with BCPG Wind Cooperatief U.A. to acquire BCPG’s 40 percent...

Carbon trading could slash Philippines power costs on path to net-zero

A new carbon trading model could generate over $40 billion in annual revenue by 2050 while helping the Philippines achieve net-zero emissions in its...
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