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.
PetroEnergy Resources Corp. (PERC) announced that its 27.121 MW Dagohoy solar power plant in Bohol has officially commenced commercial operations as of Wednesday, 16 July 2025.
The red-striped soft scale insect (RSSI) infestation in the Visayas has sharply worsened, now affecting 2,923.13 hectares and impacting 1,574 farmers as of 9 July, according to the Sugar Regulatory Administration (SRA).
The Securities and Exchange Commission (SEC) has rolled out new guidelines enforcing its “deemed approved” policy, setting mandatory processing timelines for most applications submitted by entities under its supervision.
Motorists will face higher fuel costs starting today, Monday, as oil companies roll out significant price hikes at the pumps following renewed terror attacks in the Red Sea and signs of firm global petroleum demand.