News

News

Philippines

August 04, 2023

Philippines, Singapore renewables firms invest in 102MW new wind farm

Philippines's Aboitiz Renewables invests in 102 MW wind project in Rizal and Laguna provinces, developed by Singapore-based Vena Energy.
July 26, 2023

OSW potential up to 178 GW, Philippine urged to continue push for green 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.
July 14, 2023

Urgent call for Philippines government buildings to embrace solar energy

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.
July 14, 2023

ERS pick Seraphim to supply for 300MW solar plant in Philippines

Malaysia-based ERS Energy Group has selected Chinese solar module maker Seraphim to supply solar modules for its 300 MW solar plant in the Philippines.
June 21, 2023

World Bank lends $750mln to Philippines for clean energy

The World Bank said it has approved a $750 million (P41.9 billion) loan to boost the Philippines' environmental protection and climate resiliency reforms.
May 31, 2023

Ilocos Norte’s onshore wind hit 500 MW

Onshore wind projects in Ilocos Norte province of the Philippines will soon exceed 500 MW, a testament to the province’s strong wind potential, according to a Department of Energy official.
February 15, 2023

Philippines' Citicore IPO to fund $4 bn investment in renewables

Citicore Renewable Energy Corp, one of the Philippines' leading solar power producers, has revealed plans to go public this year. It expects the share offering to contribute to a $4 billion investment in solar projects over the next five years.
January 12, 2023

Carbon pricing could raise $7-B revenues in the Philippines: IMF

The introduction of carbon pricing in the Philippines could raise around $7 billion in revenues by 2030, according to a report released by the International Monetary Fund (IMF).
December 09, 2022

Philippines greenlights foreign investors full ownership of renewables

The Philippines now allows for 100% foreign ownership of renewable energy projects for the first time following its signing of a circular amending the implementing rules and regulations (IRR) of the Renewable Energy Act of 2008.
July 29, 2022

Philippines opens Renewable Energy Market

Philippine Electricity Market Corp. (PEMC) announced on July 28 the launch of the country's Renewable Energy Market (REM), a marketplace for trading Renewable Energy Certificates (RECs).
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