PH Sets P10.39/kWh Cap for First Offshore Wind Auction
The ERC sets a P10.3859/kWh reserve price for the Philippines' first offshore wind auction, targeting 3,300 MW. Public consultations start Dec. 12. Read the full story.
Category : Search result: Citicore Renewable Energy Corp
ACEN Achieves 100% Renewable Energy Generation
ACEN reaches a historic 100% renewable energy generation, completing a strategic shift from coal. The company now targets net-zero by 2050. Read the full story.
Citicore Power Declares Property Dividends for CREC
Citicore Power transfers CREC shares to its two shareholders, streamlining ownership while maintaining majority control. The move awaits regulatory approval.
FDC Misamis Power Turns Over ₱24M ER 1-94 Funds
FDC Misamis Power Corporation has distributed over ₱24 million in ER 1-94 benefits to Misamis Oriental and host barangays. The funds will boost electrification, livelihood, and environmental projects.
APEC: Asia-Pacific Power Demand May Jump 96% by 2060
A new APEC report warns electricity demand in Asia-Pacific could soar 96% by 2060, driven by EVs and data centers. See the massive investment needed for the energy transition.
DOE cancels 84 renewable energy contracts in 2025
The Philippines' DOE terminated 84 renewable energy contracts, wiping out 5,372 MW of potential capacity. Find out why and what it means for the country's power supply.
DTI-BOI Endorses P124.8B in Year-End Investments
The DTI's BOI has approved 29 projects worth P124.81 billion, set to generate thousands of jobs in renewable energy, IT-BPM, and more. Discover how this boosts the Philippine economy.
LANDBANK Honored by DOE for Sustainable Energy Leadership
LANDBANK receives historic Special Recognition at DOE's Sustainable Energy Awards 2025 for driving the Philippines' renewable energy transition. Read about its ₱176B loans and new 2026 bonds.
P8M Solar Project Powers Basilan's Sumisip District Hospital
Basilan's Sumisip District Hospital now has a reliable P8 million solar power system, ensuring continuous medical services. Governor Hataman leads the green energy shift for healthcare. #Basilan #Healthcare #RenewableEnergy
IEA Forecast: Coal Demand to Peak in 2025, Then Fall
The International Energy Agency forecasts global coal demand will hit a record high in 2025 before declining by 3% by 2030, driven by competition from renewables and LNG. Read the full analysis.
Mindanao Signs 5 MOUs with Korean Companies for Growth
Mindanao Development Authority formalized five strategic MOUs with South Korean firms on Dec 10, 2025, covering renewable energy, nickel processing, and safety tech to position the region as a prime investment hub.
MinDA, BARMM, NZ Boost Mindanao Clean Energy & Peace
MinDA, BARMM-Menre, and New Zealand Embassy officials met in Davao to strengthen cooperation on Mindanao's clean energy transition, peace, and development. Key initiatives include a NZ$25M fund for coal plant retirement and support for indigenous communit
RLC, RHR Make Fortune Asia's 100 Best Companies List
Robinsons Land Corp. and its hospitality arm earn spots on Fortune Asia's 100 Best Companies to Work For, highlighting their people-first culture and Filipino excellence. Discover how they achieved this recognition.
Mindanao's 3 Investment Pillars Highlighted at FTSC Forum
MinDA Chair Leo Magno outlined Mindanao's renewable energy, agri-industrial corridors, and digital connectivity as key investment drivers at the FTSC conference, positioning the island for sustainable growth.
Globe at Home Partners with FusionSolar for Green AI Homes
Globe at Home pioneers a green AI home ecosystem in the Philippines with FusionSolar, offering solar power, backup batteries, and energy management to cut electricity bills and ensure uninterrupted connectivity.
NUSTAR Cebu Picks COREnergy as New Power Supplier
NUSTAR Resort & Casino Cebu partners with Vivant's COREnergy for stable electricity and real-time monitoring tools. This move supports expansion ahead of new 2026 energy rules.
PCC Approves Prime Infra-First Gen Joint Ventures
The Philippine Competition Commission greenlights the major energy asset deal between Prime Infrastructure and First Gen after review, citing no threat to market competition. Read the full analysis.
Cebu's Top Line Corp. to Raise Capital After Shareholder Vote
Cebu-based Top Line Business Development Corp. gets shareholder nod to reclassify 800M shares, paving the way for a 2026 capital raise to fuel expansion and direct fuel imports. Read more.
Major Fuel Price Rollback: Diesel Down P2.90/Liter
Major oil firms announce significant price cuts for diesel and kerosene starting Tuesday, December 2, 2025. Gasoline sees a slight increase. Read the full details and cause.
RRHI Completes P146M Premiumbikes Acquisition
Robinsons Retail Holdings Inc. finalizes its purchase of Premiumbikes Corp. for P146 million, marking its strategic entry into the Philippines' growing motorcycle retail sector. Discover the details of the deal.
OPEC+ Pauses Oil Production Increases in 2026
OPEC+ suspends planned oil output hikes for January-March 2026, citing seasonality. The alliance, led by Saudi Arabia and Russia, opts for a cautious stance. Discover what this means for global oil markets and the Philippines.
Mixed Fuel Price Adjustments Announced for December 1
Oil firms announced a major P2.90/liter diesel rollback and a P3.20/liter kerosene cut on Dec 1, while gasoline increased slightly. Get the latest on fuel price trends and the global factors driving the changes.
Security Bank Exceeds 2025 Green Finance Target
Security Bank disbursed P99.4B in sustainable loans, beating its 2025 target by 18%. Discover how this fuels Philippines' green transition and creates social impact.
Bill Expands More Power Franchise in Iloilo
Rep. Janette Garin files HB 6292 to extend More Power's franchise to 7 Iloilo municipalities, citing lower rates and improved service. Learn about the proposed expansion.
Cebu's Garbage Crisis: Landfill Threat After 8 Years
Cebu City faces a growing waste management crisis as the Inayawan Landfill remains unrehabilitated despite a 2017 Supreme Court order. Councilor Joel Garganera urges immediate action for a sustainable solution.
PH Renewable Energy Target 35% by 2030 Achievable
DOE Secretary Sharon Garin confident Philippines will hit 35% renewable energy target by 2030. Solar, wind, and geothermal projects driving green transition. Read more.
Solar Water Pumps Boost Zamboanga del Sur Farming
Two farmer associations in Zamboanga del Sur receive P400,000 solar-powered water pumps from DAR, boosting climate-resilient agriculture and livelihoods. Read more!
Cebu City Waste Crisis: Health Emergency Looms
Cebu City faces a public health emergency as garbage piles up despite government clean-up efforts. Councilor Garganera warns of irreversible damage without immediate waste management reforms.
SMC Nine-Month Income Jumps 54% to P60.3 Billion
San Miguel Corp reports 54% surge in core net income to P60.3 billion for first nine months of 2025. Strong operational efficiency drives growth despite revenue dip.
Cebu's P5-B Waste-to-Energy Project Withdrawn
Environmental advocates celebrate as New Sky Energy withdraws from Cebu City's controversial waste-to-energy project. Discover the sustainable alternatives proposed for the city's 600-ton daily garbage problem.
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