MANILA, Philippines — Ayala-led ACEN Corp. is returning to the capital market this year to raise up to P30 billion in fresh funds to further beef up its growth and expansion.

ENEX Energy Corporation, an Ayala-led ACEN Corporation subsidiary, is actively working to unlock the full potential of its two key assets: a clean energy power plant in Batangas and an offshore oil and gas project in the West Philippine Sea.

The Global Wind Energy Council’s newly released Global Wind Report 2025 urged readiness of grid and port infrastructure to ensure the successful integration of large-scale wind energy, particularly offshore projects in the Philippines.

MERALCO PowerGen Corp. (MGen), the power generation unit of Manila Electric Co. (Meralco), said the Department of Energy (DoE) has withdrawn its previous approval that exempted the company’s 1,273-megawatt (MW) coal-fired power projects from the 2020 coal moratorium.

SECURING reliable and efficient power supply for the Philippines means finding the right technologies suited to the country’s demand, energy experts said.

MANILA, Philippines — Pangilinan-led Meralco PowerGen Corp. (MGen) has secured confirmation from the Department of Energy (DOE) exempting its two coal-fired power plants from the existing coal moratorium.

MANILA, Philippines — SP New Energy Corp. (SPNEC) of tycoon Manuel V. Pangilinan has sealed a P150-billion syndicated loan – the largest in the Philippines – to bankroll the construction of MTerra Solar in Central Luzon.

MANILA – The Department of Energy (DOE) is optimistic the Philippines will hit its target to increase to 50 percent the share of clean energy in the power generation mix by 2040.

ABOITIZ POWER Corp. (AboitizPower), through its subsidiary Therma Marine, Inc. (TMI), has broken ground on a 48-megawatt (MW) hybrid energy storage system that will be integrated into its oil-fired power facility in Nasipit, Agusan del Norte.

ALTERNERGY Holdings Corp. has drawn P3.256 billion from its P5.3-billion project loan facility with Rizal Commercial Banking Corp. (RCBC) to partially fund the development of its 64-megawatt (MW) Alabat Wind Power Project in Quezon province, the energy company said on Monday.