Energy
New rule mandates energy efficient purchases in gov’t
The Inter-Agency Energy Efficiency and Conservation Committee has ordered all government offices to purchase only energy-consuming products (ECPs) that meet the Department of Energy’s (DOE) minimum efficiency standards. This move aims to promote energy savings and reduce public spending.
Araneta City powers up with renewable power pact
Araneta City Inc. (ACI) has taken another major step in its sustainability push by becoming one of the first mixed-use developments in the Philippines to adopt retail power aggregation and directly connect to renewable hydroelectric energy. The move covers key properties such as Ali Mall, New Frontier Theater, and the Manhattan Gardens residential complex, in partnership with First Gen Corporation.
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.
