Citicore Renewable Energy Corporation (CREC) has energized a 69-megawatt peak (MWp) solar facility in Silay City, Negros Occidental, adding new capacity to the Visayas grid ahead of the high-demand summer months. The...
Citicore Energy REIT Corp. (CREIT) has retained its PRS Aa+ issuer credit rating with a stable outlook from Philippine Rating Services Corporation (PhilRatings), signaling sustained confidence in its renewable energy-backed asset portfolio....
The Philippines’ renewable energy market is projected to nearly double in value to about USD 41.9 billion (approximately PHP 2.45 trillion) by 2034, underscoring the scale of opportunity—and execution risks—facing power producers,...
Up to 1.35 GW of solar and wind capacity may be reopened to other developers after Solar Philippines Power Project Holdings Inc. (SPPPHI) and its subsidiaries failed to begin construction on projects...
Aboitiz Power Corp. reported a stronger third-quarter performance with net income after minority interests climbing 32% to PHP 10.6 billion, fueled by higher generation margins and improved hydro inflows, even as lower...
Aboitiz Renewables Inc. (ARI), the renewable energy arm of AboitizPower Corporation, is scaling up its solar portfolio with a target of energizing 313.64 megawatt-peak (MWp) of solar capacity by December 2025, Manila...
