CREC: 5 GW goal within reach
- August 8, 2024
Citicore Renewable Energy Corporation (CREC) says that it is on its way to achieving its ambitious target of delivering 5 gigawatts (GW) within 5 years. “We built up speed through a combination...
Citicore Renewable Energy Corporation (CREC) says that it is on its way to achieving its ambitious target of delivering 5 gigawatts (GW) within 5 years. “We built up speed through a combination...
The Energy Regulatory Commission (ERC) reported around Php 50 billion in total savings for customers using electricity services from retail electricity suppliers (RES). In a report by Manila Bulletin, ERC Chairperson Monalisa...
ACEN Renewable Energy Solutions (ACEN RES), the retail electricity unit of the Ayala group, has partnered with RCBC Plaza as its office building transitions to 100% renewable energy (RE). “We are delighted...
Former Senate President Juan Miguel Zubiri has called on the government to make certain revisions to the Electric Power Industry Reform Act (EPIRA) and develop a tourist strategic plan to alleviate the...
The International Finance Corporation (IFC) and the European Union (EU) have joined forces to boost the private sector involvement in the Philippines’ green transition efforts. In a report by Philippine Star, IFC...
The Board of Investments (BOI) and HSBC Philippines, a subsidiary of the HSBC Group, have currently presented opportunities in clean technology projects in the Philippines to potential investors from China. Business World...
PacificLight Power Pte. Ltd., a subsidiary of Manila Electric Company (MERALCO), is looking to bid on the construction of the first of Singapore’s two modern power plants. In a report by Philippine...
The Independent Electricity Market Operator of the Philippines (IEMOP) has reported a decline in the initial average price of electricity in the Wholesale Electricity Spot Market (WESM) experienced last month. In a...
The Taguig City Regional Trial Court (RTC) has granted a 20-day extension to the temporary restraining order (TRO) blocking Manila Electric Company’s (MERALCO) bidding processes for an additional 1,000 megawatts (MW) of...
The energy sector of the Alcantara group, Alsons Power, has signed a retail electricity supply (RES) contract with Holcim Philippines, Inc. “This partnership with Holcim marks a great start for our RES...