Renewable Energy

8 hours ago

Philippines gets first 24/7 solar power as tycoon Saavedra's Citicore turns on Batangas plant

Solar power in the Philippines has always been limited by daylight hours, but tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. (CREC) has changed that with the launch of the country’s first baseload solar plant.

19 hours ago

Unilever renews clean energy deal with First Gen for PH sites

Unilever Philippines has struck a fresh deal with Lopez-led First Gen Corp. to continue powering its operations with renewable energy.

3 days ago

Vivant expands renewable footprint with P395-M Samal Solar deal

Vivant Energy Corp. has expanded its renewable energy portfolio with a P395-million investment in the 53.14-megawatt-peak (MWp) Samal Solar Power Project in Bataan, acquiring a 40-percent equity stake in Samal Solar Renewable Energy Corp. (SSREC).

4 days ago

Saavedra hails ‘pivotal shift’ as Megawide moves to cut debt, takes 13% stake in CREC

Tycoon Edgar Saavedra’s Megawide Construction Corp. will receive P9.4 billion from parent Citicore Holdings Investment Inc. and sister firm Citicore Power Inc. to settle long-overdue obligations.

7 days ago

Maynilad partners with MPower to advance renewable energy shift

West Zone concessionaire Maynilad Water Services Inc. has forged a new agreement with Meralco’s retail electricity supplier, MPower, to power its Poblacion Water Treatment Plant (WTP) in Muntinlupa and 54 other water and wastewater facilities.

4 Sep 2025

7:36AM

Alternergy readies preferred share offer to fund clean energy projects

Alternergy Holdings Corp., led by former Energy Secretary Vicente S. Perez Jr., is setting the stage for its next round of fundraising after securing shareholder approval to convert 500 million common shares into a new series of perpetual preferred shares.

2 Sep 2025

3:12PM

ACEN's $3-B wind farm in Tasmania aims to power 500,000 homes

ACEN Australia has secured federal approval for its AUD$3-billion (P170 billion) Robbins Island Wind project, one of the largest private investments in Tasmania’s history.

26 Aug 2025

2:58PM

SM Investments expands renewable energy push across businesses

SM Investments Corp., the parent company of the SM Group, reaffirmed its commitment to renewable energy as a long-term growth driver, expanding clean power initiatives across its diverse portfolio to support both business resilience and community development.

26 Aug 2025

2:18PM

Peninsula Manila goes green with MPower renewable energy deal

MPower, the local retail electricity supplier of Manila Electric Co. (Meralco), has renewed and expanded its partnership with The Peninsula Manila, sealing a deal that will power the iconic five-star hotel with renewable energy.