For decades, remote resorts and island communities across the Philippines have faced the challenges of high energy costs and unreliable power sources. Traditional diesel generators, although widespread, are costly to fuel, environmentally harmful, and subject to supply chain disruptions. Extending the national grid to these isolated locations is often economically impractical. While renewable energy sources … Read more
As the commercial and industrial (C&I) sector confronts escalating electricity costs and a pressing need for energy reliability, businesses are increasingly turning to hybrid renewable energy systems. These systems offer a sustainable and high-performance solution by seamlessly integrating solar, wind, and energy storage technologies into a unified, adaptive system. At the forefront of this energy … Read more
With rising energy prices and growing environmental pressures, Filipino businesses must reassess their methods for storing perishable goods. Traditional cold storage drains your budget with steep electricity bills—and that’s just the start. Power outages, grid instability, and volatile fuel prices all add unnecessary risk to your operations. That’s where a solar cold room comes in. … Read more
Electricity fuels your daily routines—charging your phone, running your business, cooling your home, and more. But have you ever wondered where that power comes from? The Philippines’ energy landscape is a complex interplay of local resources, government policies, and global energy shifts. As the demand for power continues to rise, coupled with an urgent call … Read more
In a bid to combat the mounting energy bills and undeniable impacts of climate change, the Philippines is turning to a novel innovation that merges aesthetics and functionality: solar windows. As the nation embraces green initiatives and innovative urban planning, solar windows offer an optimal blend of ecological and intelligent design. Understanding Solar Windows in … Read more
MGen Renewable Energy Inc. (MGreen), a subsidiary of Manila Electric Co., has strategically expanded its solar energy portfolio by acquiring an additional 2.17 billion shares in SP New Energy Corp. (SPNEC) for a total investment of PHP 2.5 billion. This acquisition marks a significant step in MGreen’s ongoing commitment to fostering sustainable energy solutions in … Read more
In a strategic move to solidify its position in the renewable energy sector, Meralco has increased its investment in the Solar Philippines Nueva Ecija Corporation (SPNEC), bringing its ownership stake to a commanding 55.96%. This development was disclosed in an official announcement to the Philippine Stock Exchange (PSE) on February 13, 2024. The additional shares … Read more
MGen Renewable Energy Inc. (MGreen), a wholly owned subsidiary of Meralco Powergen Corp., has strategically increased its investment in SP New Energy Corp. (SPNEC), reinforcing its commitment to advancing renewable energy initiatives in the Philippines. This move underscores MGreen’s dedication to bolstering its renewable energy portfolio and supporting the country’s transition towards sustainable energy solutions. … Read more
In a significant development for the renewable energy sector in the Philippines, SP New Energy Corp. (SPNEC), a renowned integrated solar developer, has been included in the prestigious MSCI Philippines Small Cap Index. This inclusion underscores SPNEC’s growing influence and commitment to advancing solar energy solutions in the region. The MSCI Global Small Cap Indexes … Read more
On February 15, 2024, SP New Energy Corp. (SPNEC), an integrated solar developer, achieved a significant milestone by being added to the prestigious MSCI Philippines Small Cap Index. This development marks a notable achievement for SPNEC, underscoring its growing prominence in the solar energy sector. The inclusion of SPNEC in the MSCI Index, a benchmark … Read more