Tag: renewable energy

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FDC Green solar project cleared for operations

DC Green Energy Corp. (FDC Green), a wholly owned subsidiary of Filinvest Group’s utility arm FDC Utilities, Inc. (FDCUI), has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) for its 20.774-megawatt peak (MWp) ground-mounted solar facility at the PHIVIDEC Industrial Estate, signaling readiness to supply power to the grid.

Alternergy secures green share approval amid expansion push

Alternergy Holdings Corp., a listed renewable energy firm, has secured unanimous shareholder approval to raise fresh capital through a planned issuance of green perpetual preferred shares, positioning the company for its next phase of expansion as energy security concerns intensify.

Alsons revenues climb as power demand strengthens

Alsons Consolidated Resources (ACR) posted strong revenue growth last year, buoyed by rising electricity demand, expanded retail supply operations, and the contribution of a new power plant, even as earnings were weighed down by asset impairments.

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.

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Makro secures four Ayala Land sites for expansion

Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.

Sugar imports only a market tool, not policy — DA chief

Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.

R&I affirms Philippines A- rating, stable outlook

Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating with a stable outlook, citing resilient economic fundamentals, improving fiscal conditions, and manageable external risks.

Ex-Transporation chief elected to San Miguel board 

San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.

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