Philippine-listed ACEN Corp said it has agreed to sell up to a 49% stake in an Indian solar project to Diamond India Renewables One B.V., as the Ayala-led energy company continues to bring in partners to fund the expansion of its renewable energy portfolio. ACEN said in a stock exchange filing that its subsidiary Unlimited … Read more
The Philippines will need to mobilize significant investments in renewable energy, grid integration and supporting infrastructure as it seeks to decarbonize its power sector while balancing energy security, affordability and sustainability, according to a policy paper by Congress’ research arm. The Congressional Policy and Budget Research Department (CPBRD), in a discussion paper titled Renewable Energy … Read more
The Philippines and Germany pledged to deepen cooperation in renewable energy, with President Ferdinand R. Marcos Jr. on Tuesday highlighting German technology and investment as important to the country’s clean energy transition. Speaking after bilateral talks with German President Frank-Walter Steinmeier at Malacañang Palace, Marcos said the two countries share ambitions in renewable energy and … Read more
Philippine National Bank (PNB) has approved a P3-billion project finance facility for the construction of an 82-megawatt-peak (MWp) solar power plant in Isabela province awarded under the government’s Green Energy Auction Program. The financing was extended to Linglingay Power Corp., a wholly owned subsidiary of Hexa Philippines Holdings, Inc., for a ground-mounted solar power plant … Read more
Norwegian offshore wind and maritime companies are eyeing opportunities in the Philippines, holding talks with government officials and industry players as the country seeks foreign expertise to help build its emerging offshore wind industry. A 10-company Norwegian delegation met with officials from the Department of Energy (DOE), including Energy Secretary Sharon Garin and senior department … Read more
Philippine renewable energy projects worth P344.62 billion secured certification under the government’s Green Lane initiative in the first five months of 2026, accounting for nearly all strategic investments approved during the period as the country accelerates its clean energy transition. The Department of Energy (DOE) said 13 renewable energy projects were certified under the expedited … Read more
South Korean energy companies have signed an agreement to explore the development of up to 1,000 megawatts (MW) of renewable energy projects in Occidental Mindoro and other off-grid Philippine provinces, as the island grapples with daily power outages and heavy reliance on diesel generation. A memorandum of understanding (MoU) was signed between Occidental Mindoro Governor … Read more
Bago Negros Energy Corp. has broken ground on a 150-megawatt wind power project in Bago City, Negros Occidental, the first wind development of its kind in the Negros Island Region. The project, with an initial cost of 9.78 billion pesos, will involve the construction and operation of 23 wind turbine generators across seven barangays. It … Read more
A 25-kilowatt community solar power project integrated with a solar-powered water desalination system has been commissioned on Matabas Island in Negros Occidental, bringing electricity and clean water services to about 150 households in the off-grid community. The initiative, known as the REPower Matabas Project, was launched to mark World Oceans Day and is being implemented … Read more
The Asian Development Bank (ADB) is working with the Philippine government to develop a pipeline of energy projects aimed at accelerating renewable energy deployment, improving energy efficiency and cutting diesel use in off-grid communities, BusinessWorld reported. Citing ADB Country Director for the Philippines Andrew Jeffries, the report said the multilateral lender is identifying priority projects … Read more