News

The shopping center developer SM Supermalls, a subsidiary of the Philippines' largest retail firm SM Prime, has recently unveiled the company’s largest self-used rooftop solar PV system at SM City in Santa Rosa, Laguna.

Gulf Energy Development anticipates that the establishment of 25 new solar farms will aid the government in more effectively regulating electricity prices, potentially resulting in reduced power bills.

Philippines aims to increase solar power share to 5.6% and wind power share to 11.7% in 2030, up from 2.4% and 3.1% respectively in 2024, according to government presentation, potentially leading to one of the cleanest grids in the region.

Colocation company Equinix has entered into a solar power purchase agreement (PPA) with Sembcorp in Singapore to supply renewable energy to its data center.

According to recently compiled data, seven countries now generate almost all of their electricity from renewable energy.

ACEN Corp., the energy arm of Philippine conglomerate Ayala Corp., anticipates investing $15 billion to expand its renewable power generation capacity to 20,000 MW by 2030.

Sam Altman, OpenAI CEO, to address the massive power demands of data centers, has recently expanded into renewable energy, particularly focusing on solar power and energy storage, alongside investments in nuclear fusion technology.

Indonesia President Joko Widodo and former British Prime Minister Tony Blair engaged in discussions on 18th regarding investment opportunities in the new capital of Indonesia, Nusantara, for the development of renewable energy and Carbon Capture and Stora

Energy firm Solar Philippines announced that its Jakarta-based partner has secured a loan to finance the largest ground-mounted solar project in Indonesia.

Frasers Property is collaborating with SP Group to install nearly 4,500 square meters of solar panels across seven of its retail and commercial properties in Singapore. This is the largest single solarization rollout for retail malls in the country.