Listed SP New Energy Corp. (SPNEC) moved to distance itself from Solar Philippines after reports of mass renewable contract terminations involving the renewable power firm of Batangas Rep. Leandro Leviste.
Alternergy Holdings Corp. is set to activate its ‘triple play’ portfolio in 2026, marking a major milestone for one of the Philippines’ renewable power pioneers. The company expects four projects across wind, solar, and run-of-river hydro, with a combined capacity of 225 MW, to begin commercial operations within the year.
Japan’s MUFG Bank has completed new financing transactions with San Miguel Global Power (SMGP) and SN Aboitiz Power Magat Inc. (SN Aboitiz Power), providing bank-backed support for renewable energy projects under the government’s Green Energy Auction programme.
A unit of Manuel V. Pangilinan-backed Manila Electric Co. said its investment in SP New Energy Corporation (SPNEC) is separate from Solar Para Sa Bayan Corporation (SPBC), amid renewed scrutiny linked to Batangas Rep. Leandro Leviste and his solar microgrid franchise.
The Ayala Group’s ACEN Corp. has reached a key milestone in its long-term transition, completing its shift to 100 percent renewable energy generation across its portfolio earlier this year.
Citicore Renewable Energy Corp. has reshaped its ownership, elevating co-founder Tan into a direct 10 percent shareholder of the renewable energy firm he helped build.
Dyna Drug Corporation has shifted its warehouse operations to renewable energy as part of a broader push to reduce its environmental footprint while ensuring reliable, round-the-clock power for its logistics and distribution network.
Divine Mercy Wellness and Medical Center (DMWMC), a leading healthcare institution in Tuguegarao City, has partnered with First Gen Corp. to transition its electricity consumption to renewable geothermal power, reinforcing the hospital’s sustainability and decarbonization efforts.