Energy & Mining
Raslag seeks to raise P1.2B via preferred share offering
Renewable energy firm Raslag Corp. is set to raise up to P1.2 billion through the sale of preferred shares via a private placement, as it accelerates the development of its solar energy portfolio.
Basic Energy, Ayala unit partner for E-Mobility push
Basic Energy Renewable Corporation (BERC), a wholly owned subsidiary of Basic Energy Corp., has partnered with ACMobility, the Ayala Group’s mobility platform, to co-develop...
Aboitiz Power unit debuts EV battery leasing model
Voltai, a startup under Aboitiz Power Corp.’s 1882 Energy Ventures, has rolled out the country’s first large-scale battery swapping ecosystem for electric two-wheel vehicles, aimed at fleet-based businesses.
DOE hikes benefits for host communities of power projects under new circular
The Department of Energy (DOE) announced that starting January 2026, communities hosting power projects will receive higher financial benefits under the Energy Regulation (ER) 1-94 program.
Meralco, Itron team up for smart grid
Manila Electric Co. (Meralco), the country’s largest private power distributor, has partnered with US-based Itron Inc. to accelerate its smart grid modernization program and support the Philippines’ digital and sustainable energy transition.
