Gabriell Christel Galang

ENEX Energy advances Batangas RE project while navigating offshore oil challenges

ENEX Energy Corporation, a subsidiary of Ayala-led ACEN Corporation, is actively working to unlock the full potential of its two key assets: a clean energy power plant in Batangas and an offshore oil and gas project in the West Philippine Sea.

ACEN plans ₱30-billion stock rights offering to fund RE growth

To fuel expansion and bolster its finances, ACEN Corp., Ayala Corp.’s renewable energy (RE) unit, plans to raise fresh capital through a stock rights offering (SRO).

Philippines flagged as top wind energy growth market despite hurdles—GWEC

The Global Wind Energy Council (GWEC), an international wind industry association, has identified the Philippines as one of the top markets to watch for wind energy growth.

MGen secures ₱150-billion loan for Philippines' largest solar, battery project

Meralco PowerGen Corporation (MGen) announced that its affiliate, Terra Solar Philippines, Inc. (MTerra Solar), has secured financing for what is poised to be the country's largest integrated solar and battery energy storage project.

AboitizPower's Therma Marine begins construction of hybrid battery system in Agusan del Norte

Aboitiz Power Corporation reported that its subsidiary has broken ground on its hybrid battery energy storage system (BESS) project that would be integrated into its oil-fired power facility in Agusan del Norte.