September 1, 2022

PH Renewables secures bank loan for solar project

BY LENIE LECTURA – SEPTEMBER 1, 2022 from Business Mirror PH Renewables Inc. (PHRI), a joint venture between MGen Renewable Energy Inc. (MGreen) and Mitsui & Co. subsidiary Mit-Renewables Philippine Corp. (Mit-Renewables), secured a P2.65-billion bank loan to fund the […]
August 26, 2022

3 gov’t agencies favor easing foreign ownership in RE

By Myrna M. Velasco – August 25, 2022, 3:43 PM from Manila Bulletin The Department of Energy (DOE) is collaborating with two other national government agencies – the Department of Trade and Industry (DTI) and National Economic and Development Authority […]
August 25, 2022

NEA orders fuel oil-dependent power co-ops to source more renewable energy

By Ashley Erika O. Jose – August 22, 2022 | 8:05 pm from Business World PHILSTAR The National Electrification Administration (NEA) has directed electric cooperatives to tap more renewable energy if they are currently drawing power from diesel or bunker-fired […]
August 19, 2022

ACEN secures AU$100-M green loan for Aussie projects

By Myrna M. Velasco – August 18, 2022, 4:54 PM from Manila Bulletin Ayala-led ACEN Corporation has secured 100 million Australian dollars (roughly $69 million in US dollars) green loan from the DBS Bank of Australia to partly bankroll its […]