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DBP launches loan program for renewable energy

ABS-CBN News
Updated as of Dec 29 11:04 AM

The Development Bank of the Philippines said it launched a new loan program to support solar power developers in the country. Read more »

SBS solar pursues renewable energy shift

ABS-CBN News
Posted at Dec 13 12:33 PM

SBS Philippines Corp said Monday it is using renewable energy in its warehousing expansion plans with its first solar panel installation. Read more »

AC Energy begins construction of country's 'largest' solar farm

ABS-CBN News
Posted at Nov 03 11:27 AM

AC Energy Corp said Wednesday it has started construction of its 283 MW solar farm in San Marcelino, Zambales. Read more »

Power distributors call for larger share for renewables

Bruce Rodriguez, ABS-CBN News
Posted at Aug 10 08:52 PM

Power industry stakeholders called for a higher government quota on contracted renewable energy. Read more »

ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures: sources

Clara Denina and Melanie Burton, Reuters
Updated as of Aug 03 07:31 PM

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said. Read more »

Shell to trial use of hydrogen fuel cells for ships in Singapore

Jessica Jaganathan, Reuters
Posted at Apr 21 03:39 PM

Royal Dutch Shell said on Wednesday it was conducting a feasibility study with partners to trial the use of hydrogen fuel cells for ships in Singapore, the first such move for the oil major. Read more »

1 billion people live in cities shifting away from fossil fuels

Jack Graham, Reuters
Posted at Mar 18 06:49 PM

The number of cities working to replace fossil fuels with renewable energy surged in 2020, representing a quarter of the world's urban population, or one billion people, green energy policy network REN21 said on Thursday. Read more »

'Can I afford it?' Workers fear squeeze from green energy transition

Laurie Goering, Thomson Reuters Foundation
Posted at Feb 18 12:21 PM

In Poland - and wealthier European countries such as Germany - the need to move away from coal is affecting large geographical areas, said Patrizia Kraft, energy policy coordinator for the German Trade Union Confederation.   Read more »

First Philippine Holdings CEO says destructive storms point to climate crisis

ABS-CBN News
Updated as of Nov 24 12:13 PM

MANILA - The head of one of the country’s biggest renewable energy companies on Monday said the storms that recently devastated the country point to a climate crisis. Read more »

'No regrets' in ditching coal for clean energy, says First Gen CEO

Art Fuentes and Bruce Rodriguez, ABS-CBN News
Updated as of Nov 24 12:29 PM

The Lopez Group has no misgivings about its decision to keep coal-fired power plants out of its portfolio, and instead invest in renewable energy, a scion of the Lopez family said on Monday.  Read more »

AC Energy to develop 2 new solar plants in Central Luzon

ABS-CBN News
Posted at Aug 19 09:45 AM

AC Energy said Wednesday it would develop 2 new solar plants in Central Luzon to expand its capacity of up to 150 MW.  Read more »

Ayala's AC Energy to develop solar farm in India

ABS-CBN News
Updated as of Jul 20 01:59 PM

Ayala Corp's AC Energy said Monday it would develop a 140 MW solar plant in India, its first major investment in the country. Read more »

Ayala unit says building Vietnam's biggest wind farm

ABS-CBN News
Updated as of Jul 17 10:00 AM

A unit of Ayala Corp. on Friday said it is expanding its renewable energy footprint in Vietnam, building the largest wind farm there.  Read more »

IEA floats 'green recovery' plan to boost economies, cut emissions

Marlowe Hood, Agence France-Presse
Posted at Jun 18 09:39 PM

The International Energy Agency (IEA) on Thursday unveiled a three-year, post-pandemic master plan to simultaneously salvage the global economy and reduce greenhouse gas emissions. Read more »

Meralco taking steps to support green energy

ABS-CBN News
Posted at May 28 10:44 PM

Amid a global shift towards clean energy, the Philippines' largest power distributor, Meralco, is also taking steps to go green. Read more »