News

Alternergy has mandated 3 investment banks to facilitate the raising P12 billion for 2 wind projects, which is expected to be the largest financing deal of the company.

The power-hungry Luzon grid, which supplies electricity to the National Capital Region of the Philippines, will receive additional supply from three floating solar farms in Laguna Lake within two years.

Philippines’s EV Summit will be held in October as more car buyers are switching to electric vehicles. Public and private sectors have also been working to make charging stations more conveniently accessible to EV owners.

McDonald’s announced that 25 of its stores in the Philippines are now installed rooftop solar power. The company expected to save around 546,000 kW of electricity annually.

Philippine President has given the green light to the inter-island connection project between Palawan and Mindoro Islands. This potential project is seen as a pivotal move towards bolstering the capacity of the national grid.

ACEN and Ib vog, a solar developer based in Singapore, have recived regulatory approvals to jointly establish a platform for financing large-scale solar power projects across Asia.

South Korean battery materials maker Posco Future M has agreed to form a joint venture with a subsidiary of Philippine's MC Group to produce raw materials for EV battery cathodes. The country is said to have the world’s second-largest nickel reserves afte

Philippines's Aboitiz Renewables invests in 102 MW wind project in Rizal and Laguna provinces, developed by Singapore-based Vena Energy.

All Filipinos can expect affordable power if the government remains committed to current energy policies that seek to promote the development of renewable energy, the former DOE Undersecretary said.

To reduce the country's vulnerability to fluctuations in fuel prices, the Philippines IAEECC has issued a resolution encouraging government entities to use renewable energy.