San Miguel: From Coal Dependence to Renewable Solutions

One of the coun­try’s largest elec­tric­ity pro­duc­ers—one that is heav­ily re­liant on coal—sur­prised mar­ket watch­ers re­cently by an­nounc­ing a strate­gic shift away from the cheap but en­vi­ron­men­tally dam­ag­ing power source. At the same time, San Miguel Corp. (SMC) said it would be adding re­new­able en­ergy to its power port­fo­lio, us­ing tech­nolo­gies that would sig­nif­i­cantly cut…

Big users tap so­lar, waste-to-en­ergy op­tions

They are among the heav­i­est users of en­ergy—to power shop­ping malls, fac­to­ries or mine sites. They can opt to buy ev­ery­thing from power pro­duc­ers but they now find it sen­si­ble to con­vert free re­sources around them—such as sun­light or agro-in­dus­trial waste—to meet more of their en­ergy re­quire­ments. It’s not a cheap process but the cost…

Turmeric growing at Citicore's solar farm in Clark, Pampanga

Power play­ers bet big on RE tech, in­no­va­tion

The coun­try’s power play­ers are lead­ing the charge into re­new­able en­ergy (RE), rolling out projects to meet grow­ing de­mand while keep­ing an eye on the fu­ture with in­vest­ments in in­no­va­tion and new tech­nolo­gies. These in­dus­try movers in­clude AC En­ergy Corp., which is look­ing at proven so­lu­tions it can de­ploy at scale, and Aboitiz Power Corp.,…

RE play comes to the stock mar­ket

While the coro­n­avirus pan­demic dragged down the do­mes­tic econ­omy to its worst re­ces­sion in his­tory last year, hurt­ing prof­itabil­ity of many com­pa­nies, there was one com­pany that de­fied grav­ity in the stock mar­ket. The main-share Philip­pine Stock Ex­change in­dex (PSEi) shed 8.64 per­cent last year, but the stock price of this com­pany soared by 304…

SM Hotels supports mission to Phase Out Single-Use Plastics

SM Hotels and Conventions Corp. (SMHCC) has expressed its support for the United Nations Environment Program campaign to phase out single-use plastics in the tourism sector. It has partnered with the Philippine Center for Environmental Protection and Sustainable Development, Inc. (PCEPSDI) under the Transforming Tourism Value Chains (TVC) Project and the Department of Tourism through…