Energy & Mining

President Ferdinand R. Marcos Jr.’s renewed support for nuclear energy during his 2026 State of the Nation Address is the strongest national backing for the power source since the Philippines adopted its nuclear energy roadmap, according to advocacy group Alpas Pinas.

Accelerating power sector reforms could slash electricity prices, create more than 161,000 jobs and lift about 730,000 Filipinos out of poverty by 2030, with the World Bank arguing that lower energy costs may be one of the country's biggest catalysts for faster and more inclusive economic growth.

Aboitiz Renewables, Inc., the clean energy arm of Aboitiz Power Corporation, will expand its solar capacity in Negros Occidental to 471 megawatt-peak (MWp) once the new Luna Solar Power Plant becomes operational.

Holcim is selling its Philippine operations to China-based Huaxin Building Materials in a transaction valued at USD807 million, marking a major shift in the ownership landscape of one of the country’s biggest cement producers.

OceanaGold Philippines Inc. (OGPI) has allocated P768.43 million under its Final Mine Rehabilitation and Decommissioning Plan (FMRDP) for the Didipio gold and copper mine that spans Nueva Vizcaya and Quirino provinces. In a statement released Sunday, the listed mining firm confirmed that P551.4 million has already been placed in a trust fund. The company said the fund will keep growing in line with required annual contributions as it moves forward with rehabilitation and closure preparations while the mine remains active.