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    P200-B solar project for delivery in 2026 requires foreign equity participation

    SP New Energy Corp. (SPNEC) counts of foreign partners to help it raise the estimated P200 billion, roughly USD3.5 billion, needed to bring the...

    Engine displacement makes all the difference for Taiwan’s battery-swapping Gogoro scooters

    Gogoro Philippines, the local unit of the Taiwan-based mobility company distinguished by its battery-swapping electric scooters, said its units are exempt from the recent Metro Manila Development Authority (MMDA mandate banning a broad range of e-vehicles from the streets of Metro Manila.

    Pro commuter lawyer group fears Grab Ph out to monopolize the motorcycle taxi business

    A group of lawyers claiming to advance the interest of commuters surfaced on Friday to denounce the bid by Grab Philippines to have itself listed as fourth participant in the ongoing motorcycle taxi program.

    Substantial job generation resulted from easing foreign ownership of renewable energy projects

    Some 1.5 million new jobs were seen created as a result of adjustments allowing full foreign ownership of enterprises in the renewable energy sector using 2022 data, Department of Energy (DOE) officials told legislators inquiring into the wisdom of relaxing the economic provisions in the Constitution on Thursday.

    TWG allows Grab Ph entry in ongoing motorcycle taxi pilot program

    The Motorcycle Taxi Technical Working Group, earlier reported to have serious doubts on the practical inclusion of Grab Philippines in the ongoing pilot testing of the service in cities around the country, has issued a clarification saying the ride-hailing super-app had been part of the program all along and had in fact been informed of its inclusion just days before Christmas last year.

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    Maynilad welcomes 10-year RCA extension

    Maynilad Water Services Inc. on Thursday lauded the Economic Development Council’s (ED Council) approval of a 10-year extension of the Revised Concession Agreement (RCA) with Metro Manila’s water concessionaires, allowing the company to operate until January 2047.

    DigiPlus eyes global markets with strategic executive appointments

    DigiPlus Interactive Corp. has expanded its executive leadership team, appointing Tommy Hu as chief executive officer and Rick Li as chief digital officer, signaling its push for global market penetration and deeper digital innovation in the face of intensifying domestic competition in online gaming.

    First solar school powered under P1.3B electrification drive

    The National Electrification Administration (NEA) and the Department of Education (DepEd) have energized the new solar power facility at Datu Saldong Domino Elementary School in Sitio Tagpangi, Buenavista, Agusan del Norte—marking the first installation under the government’s P1.295-billion Last Mile Schools electrification program.

    ERC cites market, peso strength in power rate cuts

    The Energy Regulatory Commission (ERC) on Thursday reported a decline in average power generation rates across 15 of 17 regions in May this year, citing favorable conditions at the Wholesale Electricity Spot Market (WESM), a drop in imported coal prices, and a stronger peso.

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