Energy & Mining
Consortium begins P2.1B microgrid projects in underserved areas
A power consortium has started building 24 microgrid projects worth about P2.1 billion to bring electricity to remote communities in Palawan, Cebu, and Quezon Province.
First Gen marks 50 years of geothermal energy development in PH
First Gen Corporation celebrated the 50th anniversary of its subsidiary, Energy Development Corporation (EDC), highlighting a major milestone in the country’s renewable energy sector.
ACEN secures India wind project financing boost
ACEN Corp., the listed green energy arm of the Ayala Group, has secured a project finance term loan worth INR7.517 billion to fund the development of its Bijapur Wind project in Karnataka, India, marking another step in its regional expansion.
ADB unveils support package amid Middle East crisis
The Asian Development Bank (ADB) on Tuesday announced a broad financial support package aimed at helping developing member countries (DMCs) cushion the economic fallout from the escalating conflict in the Middle East.
DMCI warns of fuel shortage threatening coal operations and power supply
The Consunji-led DMCI Holdings Inc. is facing growing concerns over a possible oil shortage, as several suppliers have backed out and remaining ones cannot guarantee deliveries starting April.
