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Japanese auto parts maker FCC taps Peak Energy for Laguna rooftop solar project

FCC (Philippines) Corp., the local unit of Japanese automotive components manufacturer FCC Co., Ltd., has signed a 15-year agreement with renewable energy developer Peak...

GSIS raises stake in Citicore Renewable Energy to 7.48%

State-run Government Service Insurance System (GSIS) has increased its stake in Citicore Renewable Energy Corp. (CREC) to 7.48% after acquiring additional shares from Megawide...

PEZA approves P97bn in renewable energy projects

The Philippine Economic Zone Authority (PEZA) has approved more than P97 billion worth of solar manufacturing and renewable energy-related projects as it steps up...

Jollibee powers Cebu commissary with 99% renewable energy through First Gen partnership

Jollibee Foods Corp. said its largest production facility in the Visayas-Mindanao region is now running on electricity sourced 99% from renewable energy under a...

Philippines, Germany pledge deeper renewable energy partnership

The Philippines and Germany pledged to deepen cooperation in renewable energy, with President Ferdinand R. Marcos Jr. on Tuesday highlighting German technology and investment...

Japan’s Kansai Electric invests in Prime Infra’s 600-MW Wawa pumped storage project

Japan's Kansai Electric Power Co. (KANSAI) has agreed to acquire a 14% stake in the holding company developing the 600-megawatt Wawa Pumped Storage Hydropower...

DOE energizes 3-MW solar project to strengthen power supply in Camarines Sur

The Department of Energy (DOE) on Wednesday said a 3-megawatt-peak (MWp) solar power project supplying the Camarines Sur IV Electric Cooperative (CASURECO IV) has...

Security Bank refinances 17.4-MW Hermosa solar project

Security Bank Corp. has refinanced a 17.4-megawatt solar power project in Hermosa, Bataan, marking its first transaction with climate finance investors Climate Fund Managers...

AboitizPower starts construction of 60-MW battery storage project in Cebu

Aboitiz Power Corp. has started construction of a 60-megawatt (MW) battery energy storage system (BESS) in Cebu, converting a former thermal power plant into...

AboitizPower inaugurates 92-MWp Pangasinan solar plant, expanding renewable portfolio

AboitizPower Corp.'s renewable energy unit inaugurated its 92-megawatt-peak (MWp) San Manuel Solar Power Plant in Pangasinan, expanding its solar portfolio as the Philippines steps...

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