Tag: renewable energy
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Middle East conflict speed ASEAN renewables
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.
ACEN profit slides as renewable output surges
ACEN Corp., the renewable energy arm of the Ayala Group, reported a sharp drop in net income for 2025 as weaker power prices, weather disruptions, and asset impairments weighed on earnings despite strong growth in renewable energy output.
Holcim, Peak Energy power cement’s solar shift
Holcim Philippines Inc. is accelerating its move toward cleaner manufacturing through a strategic partnership with regional renewable energy platform Peak Energy, aimed at advancing decarbonization across its cement operations.
Green lane speeds trillions, powers renewables
The government’s Green Lane program has cleared a massive P6.11 trillion worth of investments to date, with renewable energy (RE) projects dominating the fast-tracked pipeline, according to the One-Stop Action Center for Strategic Investments (OSACSI).
Meralco opens bidding for green power drive
The Manila Electric Co., the country largest power distributor better known as Meralco, has launched a Competitive Selection Process (CSP) to secure 200 megaWatts of baseload renewable energy capacity, strengthening compliance with its Renewable Portfolio Standards obligations and signaling fresh momentum for green power procurement.
