A recent Pulse Asia survey found that 93 percent of Filipinos believe rising electricity demand makes affordable rooftop solar increasingly necessary, reinforcing growing public support for policies that expand access to residential solar energy.
Citicore Renewable Energy Corp. (CREC) has finalized a P4.05-billion project finance loan from Land Bank of the Philippines to fast-track the development of two solar power projects in Pampanga and Nueva Ecija, expanding its renewable energy portfolio and supporting the country's clean energy transition.
Rizal Commercial Banking Corp. (RCBC) is expanding financing options for Filipino homeowners looking to install solar panels, offering loan and credit facilities aimed at lowering the upfront cost of shifting to renewable energy.
MVP-led Meralco unit MSpectrum Inc. has partnered with Japan's Tokyo Century Corp. (TC) and JFE Engineering Corp. (JFEE) to expand solar rooftop and ground-mounted projects for industrial facilities in the Philippines.
Aboitiz Foods has helped bring reliable electricity, internet connectivity, and improved learning facilities to a remote indigenous school in Nueva Ecija as students begin the new academic year.
Security Bank Corp. has finalized a P2.7-billion, 15-year green project finance facility for Astra Solar Energy Corp., backing an 80.6-megawatt solar plant in Currimao, Ilocos Norte.
Jackery, a global portable power and solar solutions provider, has formally entered the Cebu market through a distribution partnership with All Batteries Inc., marking a strategic expansion into the Visayas region.
Amid tensions in the Middle East that threaten global oil supplies, Filipino households are bracing for potentially higher energy costs as soaring temperatures drive up electricity demand.