ACEN, the listed energy platform of the Ayala Group, will increase its power generation capacity with the development of a new 300-megawatt solar farm, called Palauig 2 Solar, in Zambales at a cost of P16 billion.
State-run Bases Conversion and Development Authority (BCDA) has partnered with South Korea’s Korea Water Resources Corp. to explore building a “smart village” in New Clark City, marking a fresh push to develop climate-resilient, technology-driven communities in the Philippines.
Villa Escudero Corp., the company behind the well-known tourist destination in Tiaong, Quezon, has started building its first major commercial and retail project as it expands into property development.
A deepening corporate power struggle inside one of the Philippines’ most influential business families has escalated into a regulatory flashpoint, with the controlling shareholders of Lopez Inc. calling for an official probe into alleged disclosure lapses tied to major energy transactions and so-called "poison pill" provisions.
The Department of Environment and Natural Resources (DENR) has confirmed that Boracay Water successfully established and maintained its 20-hectare watershed rehabilitation site in Sitio Mananga, Barangay Nabaoy, Malay, Aklan.