Citicore Renewable Energy Corporation (CREC) has reported a remarkable 40% increase in revenue for 2024, reaching PHP 5.1 billion, up from PHP 3.7 billion the..
Tag Archives: wind
Basic Energy Corporation plans to develop a total of 1,000 megawatts (MW) of renewable energy projects by 2030, comprising 500 MW of wind and 500..
A new international renewable energy collaboration is underway as Envision Energy, PC1 Group, and Aboitiz Power team up for the Libmanan Wind Power Project in..
The Philippines’ energy sector remains coal-reliant, with coal plants supplying 62% of power generation in 2024, the International Energy Agency (IEA) said in its latest..
Basic Energy Corporation (BEC) and RENOVA Inc. have finalized a joint development and shareholders’ agreement (JDSHA) to advance the Mabini Wind Energy Project, marking a..
Vivant Corporation is earmarking around Php 4.5 billion for its 2025 capital expenditure (CAPEX), with the bulk of the investment going toward renewable energy developments..
The Department of Energy (DOE) says that wind and solar projects are set to dominate the department’s pipeline of indicative power generation projects for the..
Capital providers have expressed uncertainty about financing offshore wind projects, leading them to rely on experts and foreign banks for guidance on lending in this..
Renewable energy (RE) stakeholders are urging the government to modify the auction design for various RE technologies, as they believe the current one-size-fits-all approach may..
Most of the 25 power projects in the Visayas region, with a combined potential capacity of 1,982 megawatts (MW), will generate renewable energy (RE). The..