The Asian Development Bank (ADB) is preparing a $10-million technical assistance (TA) grant to jump-start its newly launched Pan-Asia Power Grid Initiative, a flagship regional program aimed at expanding cross-border electricity trade and accelerating renewable energy (RE) integration across Asia...
Levanta Renewables Pte Ltd. has secured project financing and issued a formal notice to begin construction on a major solar and battery storage facility in the Philippines. In a statement, Levante said the Singapore-backed developer finalized financial close for the Barotac solar power and battery...
The Philippines is set to secure another $1-billion loan from the World Bank in June, this time for an energy project follow-through and coupled with a $20-million grant, making the package the largest single financing commitment extended to the country by the Washington-based multilateral lender....
Recent rotational brownouts in Luzon have highlighted the urgent need to modernize the country’s aging power grid, with state-run policy think tank Philippine Institute for Development Studies (PIDS) warning that transmission bottlenecks and delayed infrastructure projects are increasingly...
State-run Maharlika Investment Corp. (MIC), which manages the country ’s first sovereign wealth fund (SWF), has signed a cooperation agreement with key government energy agencies to modernize and rehabilitate the aging power transmission system of Mindoro Island, with officials aiming to...
While Earth Day may have passed, Aboitiz InfraCapital (AIC) continues to highlight a year of meaningful action across its business units—demonstrating how infrastructure can drive both environmental stewardship and inclusive progress. Guided by its purpose of building transformative...
A pro-solar energy congressman is prodding the government to protect consumers against fly-by-night solar power providers, even as the shift to this particular renewable energy (RE) becomes more palatable to Filipinos. Abra lone district Rep. JB Bernos, a member of the Committee on Appropriations,...
Ayala-led renewable energy (RE) firm ACEN Corp. announced that it has partnered with AllCard Inc. to power the latter’s operations using 100-percent clean energy. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, May 8, ACEN said its retail electricity arm, ACEN Renewable Energy...
Alternergy Holdings Corp. reported a net income of ₱114 million for the third quarter of its 2026 fiscal year, bolstered by the integration of new solar capacity and disciplined approach to operational expenses. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, May 8, the...
ACEN Corp. is expanding its credit support for domestic projects as it nears a critical midterm capacity target. ACEN said it secured two separate loan agreements totaling ₱3.85 billion to fund a wind farm in Quezon province and a battery storage site in Zambales. ACEN said that it entered into a...
ACEN Corp. is keeping a close watch on the potential integration of nuclear energy into the Philippine power mix, evaluating how the emerging technology might influence the country’s future energy landscape. While the energy arm of the Ayala Group has built its reputation as a pure-play renewable...
BDO Unibank, Inc. (BDO), the Philippines’ largest bank, has committed ₱75 billion to support Prime Infrastructure Capital Inc.’s (Prime Infra) development of two major pumped storage hydroelectric power facilities in Rizal and Laguna—investments that reinforce BDO’s role as a strategic...
