ACEN Corporation has set aside Php 70 billion in capital expenditures (capex) for 2025 to accelerate its growth and expand its renewable energy portfolio. In a report by Philippine Star, ACEN’s president...
Six power projects have moved closer to commercial operations after securing certificates of endorsement (COEs) from the Department of Energy (DOE) in November. In a report by the Philippine Star, the DOE...
ACEN Corporation is aiming for an additional 1.2 gigawatts (GW) of operational renewable energy capacity by 2025. In a report by Manila Bulletin, ACEN president and CEO Eric Francia shared that the...
Saudi Aramco is reportedly planning a return to the Philippine energy market after exiting its stake in Petron Corporation in 2008. Manila Bulletin reported that Saudi Aramco is eyeing a merger and...
The Department of Energy (DOE) has honored ACEN Corporation, an energy company under the Ayala Group, for its outstanding contributions to the country’s energy transition goals. In a report by Philippine Star,...
Aboitiz Power Corporation’s renewable energy (RE) arm, Aboitiz Renewables Inc. (ARI), has energized its 173 megawatt peak (MWp) Calatrava Solar Project. “Calatrava is our fifth energized solar facility and the largest capacity...
The Energy Regulatory Commission (ERC) has given provisional approval to two Power Supply Agreements (PSAs) involving Manila Electric Company (MERALCO) and the renewable energy subsidiaries of ACEN and San Miguel Corporation. In...
The Department of Energy (DOE) says the Renewable Energy Market (REM) will begin full commercial operations on December 26. Philippine Star reported that in a circular issued on December 6, the DOE...
Prime Infra subsidiary, Prime Solar Solutions Corporation (Prime Solar), has energized its 128-megawatt photovoltaic (PV) plants situated in Tanauan, Batangas, and Maragondon, Cavite. “Both the Tanauan and Maragondon plants recently commenced operations, ...
The Philippines is now the second most attractive developing economy for renewable energy (RE) investment, according to the 2024 Climatescope report by BloombergNEF (BNEF). This marks a significant improvement for the Philippines,...
