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Renewable energy is energy that is generated from natural resources such as sunlight, wind, rain, tides, and geothermal heat. These sources are renewable and are constantly replenished. Renewable energy technologies range from solar power, wind power, hydropower, and biofuels to geothermal and tidal energy. Renewable energy is becoming increasingly important as the world’s population and energy needs grow. In addition to providing clean and sustainable energy, renewable energy sources can also help reduce carbon emissions and improve air quality.
VIVANT ENERGY CORP., the energy subsidiary of Cebu-based conglomerate Vivant Corp., acquired a 40% stake in Samal Solar Renewable Energy Corp. (SSREC), operator of a solar farm in Bataan, as part of its efforts to expand its renewable energy presence in Luzon. Vivant Energy disclosed the P395-million stake in a regulatory filing on Thursday. “The […]
Elon Musk clashed with the U.S. Department of Energy over its remarks on renewable energy, emphasizing the need for large-scale batteries.
RENEWABLE ENERGY developer Maibarara Geothermal, Inc. (MGI) is proposing an up to P8.9-billion expansion of its geothermal facility in Batangas to supply additional power to the Luzon grid. The expansion is expected to generate 25 to 40 megawatts (MW) of capacity, which will raise MGI’s total output to 80 MW once completed, the company said […]
FIRST GEN COrp. will supply 10 megawatts (MW) of renewable energy (RE) to seven Unilever Philippines facilities as part of a renewed partnership supporting the consumer goods maker’s operational and sustainability goals. The agreement covers Unilever’s production and distribution sites in Metro Manila, Cavite, Laguna, and Batangas, First Gen said in a statement over the […]
CITICORE Renewable Energy Corp. (CREC) has energized a P10-billion, 197-megawatt-peak solar farm in Batangas with battery storage, marking the company’s first large-scale attempt to deliver baseload-like power from solar. “Our Citicore Solar Batangas 1 is the first in the Philippines to prove that solar can be true baseload power. This is a huge step forward […]
As renewables become a strategic consideration for businesses, we analyze how companies transitioning to renewable energy perform compared to others, and how adoption translates into gains for those making the switch.
SINGAPORE-BASED Vena Energy’s local unit Gemini Wind Energy Corp. (GWEC) said it is investing P20.2 billion in a 304-megawatt (MW) wind farm in Northern Samar, slated to start operations in late 2026, to help expand the country’s renewable energy capacity. The Gemini Wind Power Project will span 777 hectares across 15 towns in the province, […]
SIMLONG Energy Development Corp. (SEDC), a subsidiary of listed AbaCore Capital Holdings, Inc., has signed a deal with state-run Philippine National Oil Co. (PNOC) to study the feasibility of an onshore wind farm in Batangas as part of efforts to expand renewable energy. In a statement on Tuesday, SEDC said it signed a memorandum of […]