At the 2025 Heads of ASEAN Power Utilities/Authorities (HAPUA) Internal Audit Summit, the Manuel V. Pangilinan-led Manila Electric Company (Meralco) highlighted the growing strategic and commercial significance of internal audit in driving innovation and operational transformation in the power sector.
Berde Renewables Inc., a local renewable energy firm backed by global infrastructure investor I Squared Capital, has signed an 8.4-megawatt (MW) solar power purchase agreement (PPA) with KCC Malls and Biotech Farms, marking a significant step in commercial decarbonization and regional energy resilience.
Ayala-led ACEN Corp. is ramping up its international renewable energy investments, with a strategic focus on Australia, Vietnam, and Lao PDR, as part of its corporate goal to grow clean energy capacity and enhance its global commercial footprint.
Motorists and businesses should brace for another round of fuel price increases this Tuesday, with Jetti Petroleum Inc. projecting hikes of P0.60 to P0.80 per liter for gasoline and P0.30 to P0.50 per liter for diesel. Kerosene is also expected to rise by around P0.10 per liter, according to the Department of Energy (DOE).