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Monday, 12 January 2026, 7:20 am

    Energy

    AboitizPower unit snaps up Ubay Solar in Bohol

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    Listed energy firm Aboitiz Power Corp. said it has moved to fully acquire Ubay Solar Corp., strengthening its push to expand its renewable energy footprint in the Visayas.

    ERC sets reserve price for offshore wind auction

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    The Energy Regulatory Commission (ERC) has set the preliminary reserve price for the fifth round of the Green Energy Auction (GEA5) at P10.3859 per kilowatt-hour for fixed-bottom offshore wind projects.

    ERC raises WESM secondary price cap limits

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    The Energy Regulatory Commission (ERC) has approved the upper limit of the secondary price cap (SPC) helping hold the Wholesale Electricity Spot Market (WESM) together, a mechanism meant to protect consumers from sharp price spikes.

    Vena Energy secures $210M for Ilocos Norte solar project

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    Renewable energy developer Vena Energy has secured $210 million in financing for a 300-megawatt solar power project in Ilocos Norte, marking its first full international project financing in the Philippines.

    Mixed fuel price changes seen this week

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    Fuel companies signal mixed price movements for petroleum products this week.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Banking & Insurance

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    The Philippine Stock Exchange index has kicked off 2026 with a swagger, finally muscling its way out of the long-suffocating 5,800–6,100 range. 
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