Several dams in the Philippines have been identified as suitable sites for floating solar photovoltaic (FPV) projects, according to a report recently shared by the Philippine Energy Research & Policy Institute (PERPI)....
The Department of Energy (DOE) is reviewing dozens of long-stalled renewable energy contracts, drawing attention to a subset of developers who secured projects but failed to advance them. These dormant contracts comprise...
Renewable energy firm Alternergy Holdings Corporation has secured a PHP 2.4 billion co-investment from ABC Energy Inc., the energy arm of A Brown Company Inc., for its Tanay and Alabat wind power...
Seven villages in Bago City, Negros Occidental, have been formally identified for the country’s newest utility-scale wind power project, signaling the next step in the USD 250-million investment by Thai-owned Sermsang Power...
Citicore Renewable Energy Corporation (CREC) has secured USD 55-million in financing from Pentagreen Capital, manager of blended finance strategy under Singapore’s Financing Asia’s Transition Partnership (FAST-P), to accelerate the rollout of solar...
Megawide Construction Corp. (Megawide) has officially acquired a nearly 10% direct ownership in Citicore Renewable Energy Corp. (CREC) through a block sale with parent firm Citicore Power Inc. (CPI), marking a key...
Levanta Renewables, a Singapore-based renewable energy developer backed by global investor Actis, has secured rights to develop a 166-megawatt-peak (MWp) solar and battery energy storage facility in the Visayas, following the results...
The Philippines stands on the edge of an offshore wind revolution, with vast untapped potential off its coasts. But a new report by the Global Wind Energy Council (GWEC) warns that ambition...
Vivant Energy Corporation has expanded its renewable energy portfolio with the acquisition of a 40% stake, valued at PHP 395 million, in the 53.14-megawatt peak (MWp) Samal Solar Power Project in Bataan....
Citicore Renewable Energy Corporation (CREC) posted a 38% year-on-year increase in net income after tax to Php630 million in the first half of 2025, driven by higher electricity sales and a broader...
