Energy
BCDA, ACWA Power tie up for Clark solar farm
The Bases Conversion and Development Authority (BCDA) has tapped Saudi energy giant ACWA Power to drive a large-scale renewable energy push in New Clark City, a move aimed at securing clean, reliable, and affordable power for one of the Philippines’ flagship developments.
SP New Energy to rebrand as MGen Renewable Energy Holdings
SP New Energy Corp. (SPNEC) announced Thursday that its board has approved changing the company’s name to MGen Renewable Energy Holdings Inc., reflecting the integration of its majority owner, Meralco PowerGen Corp. (MGen), into its branding.
Raslag plans up to P3 billion capex in 2026 as it accelerates renewable energy expansion
Listed renewable energy developer Raslag Corp. plans to spend between P2 billion and P3 billion in capital expenditures this year, a sharp increase from only around P500 million last year, as it moves from project preparation to actual construction and equipment procurement.
Gov’t to push regional energy agenda as ASEAN chair, says DOE
The Department of Energy (DOE) said ASEAN senior energy officials have endorsed the group’s annual energy priorities, including the Philippines’ key proposals for its ASEAN chairmanship.
ERC approves P11.77B Claver-Siargao power interconnection project
The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) P11.77-billion Claver-Siargao Interconnection Project (CSIP), aimed at improving power supply in Siargao Island.
