The Philippine Chamber of Commerce and Industry (PCCI) on Tuesday urged the government to adopt a bold national energy strategy anchored on three key pillars to ensure reliable, affordable, and sustainable power for the country.
ACEN Corp., the renewable energy arm of Ayala Group, posted consolidated net income of P2.9 billion for the first quarter of 2026, up 50 percent year-on-year, driven by higher renewable generation, improving international operations, and a series of non-recurring gains.
Nickel Asia Corp. reported lower first-quarter earnings as weaker shipment volumes and global volatility weighed on results. The listed mining company, however, struck a confident tone on improving nickel fundamentals and its diversification.
ACEN, the listed renewable energy arm of the Ayala Group and one of the fastest-growing renewable energy platforms in Asia-Pacific, has extended up to P4 billion in short-term financing to wholly owned subsidiary Sanmar Solar Inc. to support the expansion of a large-scale solar facility in Zambales.
The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.