Vena Energy has completed the financial close of the Opus Solar Energy Project, marking what the company described as its first full international project financing in the Philippines. The financing involves seven...
Citicore Renewable Energy Corporation (CREC) has secured a PHP 3.975-billion project finance loan from the Bank of the Philippine Islands (BPI) to complete its 113-megawatt-peak Citicore Solar Pangasinan 2 project in Binalonan,...
The Department of Energy (DOE) is developing new low-interest financing models aimed at enabling renewable energy (RE) developers to hybridize off-grid areas served by the Small Power Utilities Group (SPUG), a move...
The Department of Energy (DOE) has released a draft circular introducing guidelines on Virtual Power Purchase Agreements (VPPAs), a new mechanism aimed at expanding the market for renewable energy certificates (RECs) and...
Alternergy Holdings Corporation (ALTER) reaffirmed its commitment to transparency and ethical governance following scrutiny over its PHP 1.45-billion transaction with the Government Service Insurance System (GSIS), which is now the subject of...
PetroGreen Energy Corporation’s (PGEC) 19.6 MWDC solar power project in Nueva Ecija is nearing commercial operation, following the signing of a PHP 498 million loan agreement between San Jose Green Energy Corporation...
