MANILA – Alternergy Holdings Corporation (ALTER) announced Thursday it has opened a new entity that will focus on retail electricity supply as part of its expansion plans, citing growth opportunities in this segment.

Alternergy Holdings Corp. said Thursday it received an approval from the Securities and Exchange Commission (SEC) to establish ALTER Power RES Inc., a new subsidiary focused on supplying renewable and sustainable power to the competitive retail electricity market.

ACEN Australia’s 400-megawatt Stubbo Solar project in central-west New South Wales is set to recycle almost a million solar panels at the end of their life, marking an Australian first for a utility-scale solar project and a major step toward a circular economy for the industry.

ACEN CORP., the listed energy platform of the Ayala group, plans to allocate more than P80 billion in capital expenditures (capex) next year to fund large-scale projects both in the Philippines and abroad, as the company continues its expansion in the renewable energy sector.

ABOITIZ POWER Corp. (AboitizPower) hopes to complete the P36-billion acquisition of the 797-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) by the end of the year.

The Energy Regulatory Commission (ERC) has ordered all distribution utilities (DUs) to suspend power line disconnections until the end of the year, following the devastation wrought by Typhoons “Tino” and “Uwan.”

Retail electricity supplier (RES)Shell Energy Philippines, Inc. (SEPH) secured a 120-megawatt-peak (MWp) supply deal with Greenlight Renewables Holdings, Inc. to boost its renewable energy (RE) source for commercial and industrial customers.

MANILA, Philippines — Ayala-led ACEN Corp. has secured a key offtake agreement for a portion of the clean electricity generated by its fully operational 520-megawatt Stubbo Solar in Australia.

MANILA – Heavy rains during the third quarter of the year helped lift revenues of publicly-listed run-of-river hydropower developer Repower Energy Development Corp. (REDC) to PHP526.7 million, the company announced Wednesday.

The Department of Energy (DOE) said the agency is actively terminating sluggish renewable energy (RE) contracts to free up space and attract new investments.