Ayala-led ACEN Corp. has crossed a major milestone in its international expansion, announcing that its attributable renewable energy capacity in India now exceeds 2,100 megawatts (MW).
Alternergy Holdings Corp. has begun assessing the feasibility of a proposed wind power project in Albay Province using advanced Light Detection and Ranging (LiDAR) technology. This marks a significant step in the expansion of its clean energy assets, aligning both with national renewable energy goals and Albay’s sustainability agenda.
The Securities and Exchange Commission (SEC) is set to institutionalize sustainability reporting across publicly listed and large non-listed companies by adopting the Philippine Financial Reporting Standards (PFRS) S1 and S2, aligning the Philippines with global sustainability disclosure practices.
JG Summit Holdings Inc. reported a marginal 1 percent increase in consolidated net income to ₱15 billion for the first half of 2025, compared to ₱14.82 billion in the same period last year, as revenue gains across core units offset sector-specific headwinds.
The various fuel retailers are slashing pump prices starting Tuesday, offering a temporary reprieve for Filipino households and businesses grappling with elevated energy costs.
Grab Philippines has marked the first anniversary of GrabTrike operations in Zamboanga with the local expansion of its flagship livelihood initiative, Grab Asenso: A Digital Diskarte Program. The initiative focuses on equipping traditional transport workers—particularly tricycle drivers—with digital tools and skills to improve their services and boost daily income.
The Manila Electric Company (Meralco) has assured customers that its response teams are ready to address power-related issues as Super Typhoon Nando (international name: Ragasa) brings heavy rains and potential flooding to parts of its franchise area. With tropical cyclone warning signals raised and intensified southwest monsoon rains expected, Meralco said it is closely monitoring the weather to ensure swift action.
SP New Energy Corp. (SPNEC), a publicly listed renewable energy firm, announced that its board of directors has approved a capital restructuring and quasi-reorganization involving its affiliate, Solar Philippines Tarlac Corp. (SPTC), as well as the creation of a security interest over SPTC shares tied to a new loan facility.