Energy & Mining
Isabela solar project secures P1.24B RCBC financing
PetroGreen Energy Corp. (PGEC), through subsidiaries Rizal Green Energy Corp. (RGEC) and BKS Green Energy Corp., has secured up to P1.24 billion in project financing from Rizal Commercial Banking Corp. (RCBC) to develop the Limbauan ground-mounted solar plant in San Pablo, Isabela.
En Tsumugi invests in Philippine battery recycling
En Tsumugi is investing in a lithium-ion battery recycling facility in the Philippines, betting on growing demand for local capacity to recover critical minerals as the country’s electric vehicle and battery industries develop.
ASEAN energy shift must balance growth, diversity
Energy transition within Southeast Asia must keep pace with economic growth while allowing member states to pursue different routes based on their resources and circumstances, Energy Secretary Sharon Garin said Tuesday, as countries within the Association of Southeast Asia Nation faces surging power demand and mounting pressure to decarbonize.
Meralco builds talent pipeline via BTCI partnership
For an industry built on keeping the lights on, Manila Electric Co. (Meralco) is also thinking several years ahead.
Aboitiz Power sells power barges to MORE Power; Visayas supply, reliability to improve
Aboitiz Power Corp. sold two 121-MW power barges to Visayas distributor MORE Electric and Power Corp., completing the transfer last Friday and announcing it Monday. Terms were undisclosed.
