Leaders from the Association of Southeast Asian Nations (ASEAN) and the European Union (EU) called for stronger regional cooperation and faster implementation of sustainability initiatives amid ongoing energy and economic pressures across Southeast Asia. The call was made during the ASEAN-EU...
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...
Meralco PowerGen Corporation (MGEN) affirms its continued commitment to strengthening the country’s energy security through a diverse and forward-looking capacity strategy that aligns with evolving national policy directions amid rising global fuel costs and supply uncertainties. As the...
“There’s no place like home” is more than a familiar phrase—it reflects a growing tension between development and responsibility. In the Philippines, where infrastructure expansion continues at a rapid pace, that tension is visible in the intersection of urban growth, environmental risk,...
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...
President Marcos and former Japanese Prime Minister Kishida Fumio reaffirmed cooperation between the Philippines and Japan on energy transition and resilience, as global instability continues to disrupt supply systems. Kishida, now serving as Supreme Adviser to the Parliamentary Association of the...
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...
SteelAsia Manufacturing Corporation has signed a contract with Buskowitz Energy for the Compostela Works Solar Rooftop Project in Cebu, an 8 MWp installation set to become the largest single-roof rooftop solar system in heavy industry in the Philippines. The project will cover approximately 65,560...
The Philippines faces mounting economic and financial risks from climate change, with projected losses reaching as much as 13 percent of gross domestic product (GDP) by 2040 unless the country urgently scales up climate financing and aligns adaptation and mitigation efforts, according to state-run...
Intensifying geopolitical tensions in the Middle East have prompted Aboitiz Power Corp. (AboitizPower) to reinforce its strategic shift toward domestic renewable energy (RE) and implement stringent fuel procurement stress testing to protect consumers from potential supply disruptions and global...
ACEN Corp., the renewable energy arm of the Ayala group, warned that a strategy relying exclusively on green energy may be insufficient to safeguard the country against surging summer demand and volatile electricity prices. Speaking at a media briefing, Eric Francia, ACEN president, said that while...
