energy

CREC doubles capital spend to $2B to rack up 3,000 MW

Citicore Renewable Energy Corp. (CREC) intends to spend about $2 billion this year as it…

San Miguel power unit to build more batteries

The energy subsidiary of San Miguel Corp. is doubling down on its expansion with more…

Basic Energy earmarks P1.9B for solar park

Basic Energy Corp. is allotting about P1.9 billion to build a 43-megawatt (MW) solar plant…

MUFG backs San Miguel, Aboitiz renewable energy

MUFG Bank Ltd., Japan’s largest bank, has completed its first sustainable trade asset finance transactions…

Lower Meralco rates to be billed in January

Customers of Manila Electric Co. (Meralco) will have some relief at the start of 2026…

BIZ BUZZ: No drama for MGen

Tycoon Manuel V. Pangilinan’s power unit is sidestepping the business drama tied to young congressman…

ERC okays transmission facilities for Mindoro plants

The Energy Regulatory Commission (ERC) has approved Occidental Mindoro Consolidated Power Corp.’s (OMCPC) application to…

PwC: PH M&A hit $4.6B in 2025  

Investor appetite for renewable energy continued to shape merger and acquisition (M&A) activity in the…

ACEN eyes 2027 switch-on of Zambales solar park

Ayala-led ACEN Corp. is moving forward with its P26-billion expanded Palauig solar project in Zambales,…

ERC asked to clear P512-M grid link for Negros park

South Cleanergy Inc. (SCI) has asked the Energy Regulatory Commission (ERC) to approve its plan…