Energy & Mining

Alternergy Holdings Corp. has raised P2 billion from its maiden fixed-rate notes issuance, tapping the Philippine debt capital market to fund the next phase of its renewable energy expansion.

The Manila Electric Company (Meralco) has officially kicked off its competitive bidding process to secure 900 megawatts of baseload power, the consistent, round-the-clock supply that forms the backbone of the electricity system.

Unilever Philippines has cut its operational greenhouse gas emissions by 77 percent from 2015 levels as of end-2025, while expanding decarbonization efforts across its supply chain as the consumer goods company works toward its net-zero targets.

Luxury furniture maker DEDON Manufacturing Inc. has signed up as the first customer of COREnergy’s new solar-backed electricity plan, as manufacturers look for ways to better manage power costs and align energy procurement with daytime operations.

Local fuel prices roll back this week after three consecutive weeks of increases, the Department of Energy (DOE) announced Monday.