MANILA, Philippines — MSpectrum Inc., the solar energy arm of Manila Electric Co. (Meralco), has teamed up with food manufacturer Edward Keller Philippines Inc. (EKPI) for a solar project in Laguna.

THE Bank of the Philippine Islands (BPI), with support from the International Finance Corp. (IFC), has extended a P4-billion loan to the wind power project of Alternergy Holdings Corp. (PSE: Alter) in Tanay, Rizal.

ABOITIZ POWER Corp. (AboitizPower) expects to close 2024 with a strong performance, driven by new capacities coming from its power plants and improvements in infrastructure, its president said.

THE Board of Investments (BoI) said the bill that will turn the “green lane” scheme for expediting approvals of strategic projects into a law will give the reforms continuity across administrations.

THE Asian Development Bank (ADB) has approved a combined $2.85-million package for the Philippines to address climate change and expand access to renewable energy.

First Catanduanes Electric Cooperative Inc. (Ficelco) has committed to fully restore power in Catanduanes before Christmas day, the National Electrification Administration (NEA) said Tuesday.

The Philippine Energy Efficiency Alliance (PE2) is hoping the improved incentive package under CREATE MORE law would attract more energy efficiency projects to secure Department of Energy endorsement and Board of Investment registration.

Lopez-led Energy Development Corp. (EDC) is planning to allot P30 billion in capital expenditure (capex) for its geothermal power projects next year.

THE fate of at least 105 renewable energy (RE) projects, which have been endorsed for termination, now lies in the hands of Department of Energy (DOE) Secretary Raphael Lotilla.

MANILA – Terra Solar Philippines, Inc. (TSPI) has awarded the Engineering, Procurement, and Construction (EPC) contract for the east-side development of MTerra Solar Project to Power Construction Corp. of China Ltd. (PowerChina).