Basic Energy Corporation (BEC) navigated a challenging 2024, with sales falling to PHP 47.96 billion from PHP 64.07 billion in 2023. Profits dropped to PHP..
Tag Archives: renewable energy
Philippine banks recorded zero new financing for coal and gas projects in 2024, marking the first such occurrence since the 2015 Paris Agreement, according to..
The Philippines is emerging as a powerhouse in Asia’s renewable energy landscape, ranking second among emerging markets in the Asia-Pacific (APAC) for wind energy potential,..
In a callback that combines both economic reform and energy strategy, senatorial candidate and former Interior Secretary Benhur Abalos is urging lawmakers to abolish the..
Meralco PowerGen Corporation (MGEN), through its subsidiary Terra Solar Philippines Inc. (MTerra Solar), has sealed a PHP 150 billion financing agreement with six of the..
The National Electrification Administration (NEA) is doubling down on digital innovation and renewable energy to ensure reliable power reaches the country’s most remote communities. At..
Repower Energy Development Corporation (REDC), a subsidiary of Pure Energy Holdings Corporation, has disbursed PHP 280.8 million of its initial public offering (IPO) proceeds in..
In a major stride for renewable energy development in the Philippines, Alternergy Holdings Corporation (ALTER) has secured a PHP 3.256 billion drawdown from Rizal Commercial..
PetroEnergy Resources Corporation (PERC), the Yuchengco Group’s energy arm, has reported a 21% jump in electricity sales in 2024, fueled by the rollout of three..
In a country where renewable energy often clashes with agricultural land use, Blueleaf Energy Philippines is advancing an alternative path: floating solar. By developing solar..
