October 1, 2022

DOJ sustains 40% foreign RE ownership rule

By Myrna M. Velasco – September 30, 2022, 2:24 PM from Manila Bulletin DOJ sustains 40% foreign RE ownership rule A legal opinion rendered by the Department of Justice (DOJ) has sustained the 40-percent ownership restriction being enforced on foreign […]
September 29, 2022

Hike in RE capacity to rake in P270-B investments – DOE

By Myrna M. Velasco – September 28, 2022, 4:36 PM from Manila Bulletin The country would be able fetch P270.8 billion-worth of investments amid increasing renewable energy (RE) installations as power utilities comply with the Renewable Portfolio Standards (RPS), according […]
September 28, 2022

PGEC to build solar farm in Bohol

BY LENIE LECTURA – SEPTEMBER 28, 2022 from Business Mirror PetroGreen Energy Corp. (PGEC), the renewable energy (RE) arm of Yuchengco-led PetroEnergy Resources Corp. (PERC), expects the completion and commercial operation of its planned 27MW solar power project in the […]
September 24, 2022

CREIT slates P4.5-B ASEAN green bond

By Myrna M. Velasco – September 23, 2022, 3:50 PM from Manila Bulletin The board of directors of Citicore Energy REIT Corporation (CREIT) has approved the company’s plan to issue up to P4.5 billion worth of ASEAN green bond to […]