Energy & Mining

Rising geopolitical tensions in the Middle East may unintentionally accelerate Southeast Asia’s shift toward renewable energy, as governments confront the economic risks of heavy dependence on imported fossil fuels.

Aboitiz Power Corp. said its renewable energy subsidiary has secured a P6.1 billion project finance facility from Bank of the Philippine Islands, the country’s 4th largest lender by assets, to fund the construction of a new wind power project in southern Luzon.

Alternergy Holdings Corp., a listed green energy company, is opting for financial flexibility over speed as global volatility clouds capital markets.

First Gen Corporation on Wednesday began construction of its first utility-scale solar facility, the 54-megawatt Inara Solar Power Plant, in Barangay Bilog-bilog, Tanauan City, Batangas Province.

Semirara Mining and Power Corp., the energy arm of the Consunji Group, saw profits tumble in 2025 as softer coal and electricity prices offset record production and power sales, underscoring the impact of easing energy markets after the commodity surge of recent years.