Renewable energy generator Raslag Corp. announced that its board has approved a capital-raising plan aimed at generating up to P2 billion through the private placement of up to 15 million preferred shares.
Meralco PowerGen Corp. renewable energy arm, MGEN Renewable Energy Inc. (MGreen), has successfully launched a 52.8-megawatt (MW) MGreen Cordon Solar power plant in Cordon, Isabela. This marks MGreen as one of the largest operational solar plants in the Cagayan Valley region under the Department of Energy's (DOE) second Green Energy Auction program.
Emerging Power Inc. (EPI), the renewable energy arm of Nickel Asia Corporation (NAC), has secured a P5.175-billion senior term loan facility from Rizal Commercial Banking Corporation (RCBC) to fund the construction of its 145-megawatt peak (MWp) Cawag solar power project in Subic, Zambales.
Berde Renewables Inc., a local renewable energy developer, has formed a strategic joint venture with Thai engineering, procurement, and construction (EPC) contractor, Power Systems and Solutions Co. Ltd. (PSS), aimed at accelerating Thailand’s clean energy transition.
Gogolook, a global trust tech company, unveiled a revamped version of its anti-scam app Whoscall on Thursday, targeting the growing incidence of scams in the Philippines. The update introduces AI-driven scam protection and a “growth-driven anti-scam community” that incentivizes users to report fraudulent activity.
Food and beverage firm RFM Corp. projects improved income for 2025 on the back of higher product sales and softer commodity prices, despite logistics challenges caused by recent flooding in the third quarter.
The Bank of the Philippine Islands (BPI), in partnership with BPI MS Insurance, has launched BPI Freelancer, a personal accident insurance product specifically designed for freelancers, consultants, digital nomads, and self-employed professionals. The service reflects BPI’s growing focus on inclusive financial solutions for non-traditional workers who typically lack access to formal employment benefits.
Acting Transportation Secretary Giovanni Lopez has fast-tracked the construction of the Manila-Laguna segment of the North-South Commuter Railway (NSCR), following President Ferdinand Marcos Jr.'s directive to expedite key infrastructure projects. Demolition of old Philippine National Railways (PNR) stations from Sta. Mesa in Manila to Cabuyao, Laguna is being conducted simultaneously to accelerate viaduct construction.