Energy & Mining

The Philippine Competition Commission (PCC) has approved ABC Energy Inc.'s acquisition of a 40 percent minority stake in Alternergy Tanay Wind Corp. and Alabat Wind Power Corp., ruling that the transaction is unlikely to lessen competition in the country's fast-growing renewable energy sector.

Enderun Colleges has partnered with leading Philippine renewable energy producer First Gen Group to power its entire campus with clean energy, advancing the institution’s green campus goals. The agreement was signed in April and took effect in June 2026, with all buildings and facilities at its 1.7-hectare main campus in Bonifacio Global City, Taguig, now running entirely on renewable power. First Gen will supply the college’s estimated 650-kilowatt energy requirement from its Unified Leyte power plant.

Aboitiz Power clean energy unit Aboitiz Renewables Inc. has begun building the 239-megawatt Luna solar facility in Cadiz City, Negros Occidental. Set to open in 2028, it involves a 65 MW battery system that will lift the group’s total solar capacity in the province to 471 MW. This is its largest solar project in the Visayas.

The Department of Energy (DOE) confirmed an across-the-board fuel price rollback starting August 3, ending five consecutive weeks of increases.

The P9.51 billion refund ordered for Manila Electric Co. (Meralco) customers will deliver reduced savings because the regulator has also approved a three-year cost recovery charge for the utility, the Energy Regulatory Commission (ERC) confirmed Monday.