Energy & Mining

The government’s Green Lane initiative is accelerating major renewable energy investments, with the Board of Investments stepping up efforts to fast-track four offshore and onshore wind projects worth a combined P360.67 billion. 

Alsons Consolidated Resources, Inc. is accelerating investments in renewable energy and grid-support technologies as rising electricity demand in Mindanao strengthens the case for additional power capacity across the country.

First Gen Corp. expects its upcoming hydro power projects to generate roughly P16 billion in net income annually once fully operational by 2031.

The payback time for rooftop solar systems in the Philippines has dropped significantly as electricity prices rise and panel costs fall, making the technology far more attractive to users, according to global energy think tank Ember.

Interest in solar energy is accelerating across the Philippines as households grapple with rising electricity prices and an increasingly unreliable power grid, according to a new nationwide survey.