Alsons Power has awarded the EPC contract for Phase 1 of its solar project to POWERCHINA subsidiaries, marking a major step in transforming fossil fuel assets into renewable energy facilities and advancing Mindanao’s clean energy future.
Tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. (CREC) posted a sharp jump in first quarter earnings as newly energized solar plants began contributing more meaningfully to revenues and margins.
The Ayala Group’s ACEN grew first quarter net income by 50 percent to P2.9 billion as stronger renewable energy output from Australia, Lao PDR and recovering Philippine wind farms boosted results amid volatile global energy markets.
The Ayala Group’s ACEN and its fintech arm GCash are making a big push into rooftop solar, betting lower monthly payments will unlock mass adoption, starting with a partnership with the Ilocos Norte government.
Ayala Land’s mall arm is doubling down on sustainability as rising energy costs and climate volatility reshape commercial real estate, embedding resilience into both operations and design.
The energy crisis spurred by the Middle East conflict is driving demand for more stable and predictable energy, creating a tailwind for ACEN Corp. as customers shift away from volatile fuel sources.
Security Bank Corp. has finalized a P2.7-billion, 15-year green project finance facility for Astra Solar Energy Corp., backing an 80.6-megawatt solar plant in Currimao, Ilocos Norte.
Tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. is pressing ahead with its aggressive capacity buildout as it seeks to cement its role in the Philippines’ energy transition.
Alternergy Holdings Corp. has secured unanimous shareholder approval for a planned shelf registration of green perpetual preferred shares, positioning the renewable energy firm to raise fresh capital as it accelerates project development.