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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.
CEBU-BASED Aboitiz group has earmarked P153 billion for its capital expenditure (capex) budget this year, as the conglomerate plans to expand its renewable energy (RE) portfolio and other businesses. The 2024 capex, over two times higher than the P65 billion spent capex last year, will be used for RE projects in the pipeline, as well […]
Good Energy is scheduled to release full results on 26th March, and investors can look forward to another year of growth supported by increased customer numbers and the delivery of its strategy to make Good Energy an end-to-end energy services company. Good Energy supplies its customers with 100% renewable energy generated from a base of […]
To foster interdisciplinary collaboration among students, the University of Santo Tomas (UST) TOMASInno Center, UST’s official technology business incubator, hosted the first university-wide hackathon with the theme “Hack-a-Thom: The UST Hackathon on Sustainable Development Goals — Health, Environment, and Education” last Nov. 24 at the Benavides Auditorium. This inaugural hackathon brought together 14 teams composed […]
POWER RATES are likely to increase this summer season as demand rises, said the Developers of Renewable Energy for Advancement, Inc., suggesting building up more renewables, especially solar energy, to meet the demand.
Good Energy’s profit before tax increased in 2023 as the renewable energy services company delivered on its strategy to become an end-to-end microgeneration specialist. The 2023 full year marked a year of transformation for Good Energy, in which it transitioned to operating as an end-to-end renewable energy services business providing a one-stop shop for climate-conscientious […]
Citicore Renewable Energy Corp. (CREC) said it raised P5 billion after selling its shares in its real estate investment trust to conglomerate SM Investments Corp. (SMIC). The energy company sold a total of 1.88 billion common shares, equivalent to 28.79% in Citicore Energy REIT Corp. (CREIT) at P2.6534 per share, the Saavedra-led company said in a […]