Tag: solar energy

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ACEN affiliate eyes $13M Malaysian solar investment

ACEN Corp. said Wednesday that affiliated joint venture IBV ACEN Renewables Asia Pte. Ltd. is nearing completion of its investment assessment for solar projects in Malaysia, valued at $13 million. This development signals the company's expansion into new markets and strengthens its commitment to renewable energy.

CICC, PNOC parter to deploy green energy in disadvantaged areas

The Cybercrime Investigation and Coordinating Center (CICC) and the Philippine National Oil Co. (PNOC) have signed a memorandum of agreement to explore the use of hybrid solar and wind energy systems for sustainable power in underserved and unserved areas across the Philippines.

ICSC delivers 60 kWp solar project to Guiuan, Samar

The Institute for Climate and Sustainable Cities (ICSC) has handed over a 60 kilowatt-peak (kWp) on-grid hybrid photovoltaic system to the municipality of Guiuan, Eastern Samar.

Raslag moves to develop 4th solar farm, eyes 2024 completion

Raslag Corp., a Pampanga-based renewable energy corporation listed on the stock exchange, said Monday its board approved several contracts for the development of its fourth solar farm, the 35.2-megaWatt-peak Raslag 4.

Spectrum turns over solar rooftop projects

Manila Electric Co. (Meralco) subsidiary, Spectrum, has turned over two solar rooftop projects that began operations early last year.

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BSP tightens AML rules for casino junket operators

The Bangko Sentral ng Pilipinas (BSP) has issued new guidance requiring all institutions under its supervision to strengthen safeguards against money laundering, terrorism financing, and proliferation financing when dealing with casino junket operators.

Gov’t asset sale policies to blame for most expensive power rate regime in ASEAN

Former legislator Carlos Isagani Zarate of Bayan Muna on Tuesday criticized the Marcos administration's continued reliance on energy privatization and market liberalization, pointing to recent government data showing that the Philippines now has the highest power rates in Southeast Asia. Zarate argued that the country's staggering electricity costs are the direct result of neoliberal policies, particularly the Electric Power Industry Reform Act, which he said dismantled state control and handed public energy resources over to private corporations.

Philippines strengthens FDI data to attract more investments

The Philippine government is strengthening its foreign direct investment (FDI) reporting system by linking key government databases, a move aimed at giving policymakers a clearer picture of investment flows while boosting transparency and investor confidence.

Philippines stays hot as travelers spend smarter this year

The Philippines is poised to remain one of Southeast Asia's top travel destinations in the second half of 2026 as travelers embrace smarter spending habits, favoring value, convenience and careful planning over impulsive vacations.

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