The Marcos administration is moving beyond short-term remedies for Mindoro's recurring power woes, backing a series of major infrastructure projects aimed at integrating the island into the national grid and securing its long-term energy future.
Following the 7.8 magnitude earthquake that hit southern Mindanao earlier today, AboitizPower confirmed it is closely monitoring all facilities to maintain safe, reliable service. Most generation sites operated without issue; Therma South in Davao City had a brief outage but reconnected to the grid by 1:07 PM.
Leading Philippine food and beverage firm Fly Ace Corp. has partnered with top renewable energy provider First Gen to power its operations with clean energy, supporting its sustainability goals.
German renewable energy developer ib vogt has secured a P4.5-billion senior debt facility from Rizal Commercial Banking Corporation (RCBC) to finance a 99-megawatt peak (MWp) solar power project with battery storage in Iloilo, marking a key milestone in the company's expansion in the Philippines.