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.
Globe Telecom has committed to providing connectivity for Valenzuela City’s emerging ICT Hub as part of the Department of Information and Communications Technology’s (DICT) Digital Bayanihan initiative—a nationwide effort aimed at bridging the digital divide and creating eight million jobs by 2028.
The Department of Environment and Natural Resources (DENR) has earned the Stakeholder Engagement of the Year for the Environment award at the GovMedia Conference & Awards 2025 for its flagship initiative, Project TRANSFORM.
The lack of reliable transport services, far more than the lack of access to electricity or access to safe water sources, remains the biggest hindrance to economic expansion among countries in Asia and the Pacific like the Philippines, the Asia Development Bank said.