AC Energy (ACEN), the Ayalas’ power unit, will invest Php250 million in subsidiary firm Buendia Christiana Holdings Corporation (BCHC) through a shares subscription arrangement. In a disclosure to the Philippine Stock Exchange, ACEN...
Baguio’s city government tapped into solar solar power technology to power three government buildings in its commitment to cut the city’s power expenses. According to city building officer Engr. Nazita Banez, the...
Solar energy is the fastest-growing power source in 2016 as it accounted almost two-thirds of the global net new capacity, a report said. According to the International Energy Agency (IEA), the rise...
Solar Philippines is set introduce the first battery equipped solar farm in the Philippines when it completes the first 50 megawatts (MW) of its solar project in Tarlac this year. “Batteries will be...
A Batangas-based 600-megawatt solar panel factory is set to begin operations and will generate around 1000 jobs, a Philippine-owned company said. The solar project, located in Santo Tomas, Batangas, is a factory...
The Energy Regulatory Commission (ERC) has granted a feed – in – tariff (FIT) rate of P8.69 per kilowatt – hour (kWh) to 16 solar projects that were endorsed by the Department...
Aboitiz Power’s renewable energy arm has acquired the P2.88-billion loan of San Carlos Sun Power Inc. (Sacasun) from BDO Unibank Inc. to develop its solar power project in Negros Occidental. Aboitiz Power...
The Development Bank of the Philippines (DBP) has granted a P4.375 billion loan to partially finance the 60-megawatt (MW) solar power plant construction in Toledo City, Cebu. The project led by First...
A Japanese solar energy systems firm is seeing the Philippines’ demand for solar power rising in an attempt to cut down energy costs. For Sustena Inc.’s general manager, Masayuki Aoki, the country’s...
Ilocos Norte is now a “clean, green and coal-free province” after the provincial board passed a resolution eliminating coal from the province’s source of power. The resolution, signed unanimously, prevents the government...
