Solar group seeks GEA overhaul
The Philippine Solar and Storage Energy Alliance (PSSEA) on Tuesday expressed strong optimism over the appointment of DOE officer-in-charge Sharon Garin, citing her familiarity with the agency’s operations and stakeholders as a reassuring move for renewable energy investors. PSSEA Chair Theresa Cruz-Capellan lauded the continuity in leadership, emphasizing the need for predictable policy and regulatory environments.
MGen strikes blended power deal with EvoEnergi
Meralco PowerGen Corp. (MGen), the generation arm of Manila Electric Co. (Meralco), has inked two power supply agreements (PSAs) with retail electricity supplier EvoEnergi Inc., covering enough energy to serve approximately 62,000 households.
Pump prices set to rise despite crude softening
Domestic oil players remain in a “wait and see” mode as geopolitical tensions, particularly between Israel and Iran, continue to inject uncertainty into global fuel markets.
First 116KM Community Run in the Philippines Logs 3.5 Million Steps
The Move for Play: Infinity 116KM Run, the Philippines’ first open-road ultra-endurance community run, recorded more than 3.5 million steps and over 2,500 kilometers collectively covered by participants. Organized by non-profit organization FundLife, the event took place from June 14 to 15 and brought runners from Clark to Makati in support of safe, inclusive, and accessible play spaces for children in underserved areas.
Top Line redirects IPO funds toward network expansion
Top Line Business Development Corp. has reallocated its initial public offering (IPO) proceeds, redirecting a large portion toward expanding its service station network, in a move the Cebu-based company says is aimed at optimizing capital deployment and accelerating market entry.
