Tag: renewable energy

The Philippines and India have taken another step toward a possible free trade agreement, using a high-level bilateral trade meeting to advance discussions on deeper economic integration and broaden cooperation in sectors ranging from renewable energy to artificial intelligence.

The Philippines is drawing renewed investment interest from Chinese companies involved in electric vehicles (EVs), renewable energy, manufacturing and telecommunications infrastructure, according to Trade Secretary Cristina Roque.

ACEN Corp., the renewable energy arm of Ayala Group, posted consolidated net income of P2.9 billion for the first quarter of 2026, up 50 percent year-on-year, driven by higher renewable generation, improving international operations, and a series of non-recurring gains.

Nickel Asia Corp. reported lower first-quarter earnings as weaker shipment volumes and global volatility weighed on results. The listed mining company, however, struck a confident tone on improving nickel fundamentals and its diversification.

ACEN, the listed renewable energy arm of the Ayala Group and one of the fastest-growing renewable energy platforms in Asia-Pacific, has extended up to P4 billion in short-term financing to wholly owned subsidiary Sanmar Solar Inc. to support the expansion of a large-scale solar facility in Zambales.