Energy & Mining

ACEN closes 10% stake sale in India solar project

ACEN Corp., the renewable energy arm of the Ayala Group, has completed the first step in its planned divestment of up to 49 percent...

Alternergy earnings gain as new capacity nears

Alternergy Holdings Corp. is starting to see the payoff from its renewable energy buildout, with revenue and operating earnings jumping in fiscal 2026 as new capacity came online and bigger projects moved closer to commercial operations.

APECO targets 1-GW renewable power project Aurora

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is targeting up to 1 gigawatt (GW) of renewable energy capacity in Casiguran, Aurora, as it seeks to build the power infrastructure needed to attract manufacturers and accelerate industrialization in the province.

Senate approves Bohol Light franchise on third reading; advances MORE Power measure

The Senate on Wednesday approved on third and final reading a measure granting Bohol Light Company Inc. a fresh 25-year franchise to operate an electricity distribution system in Tagbilaran City.

Finance chief backs LPG, kerosene tax cuts, rejects gasoline tariff suspension

Finance Secretary Frederick Go has backed removing excise taxes on liquefied petroleum gas (LPG) and kerosene but rejected suspending taxes on gasoline and other fuels, citing an estimated P12 billion monthly revenue loss.

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