MANILA, Philippines — Ayala-led ACEN Corp. has allocated P75 million to support the operations of a subsidiary providing technical services for project development.

MANILA ELECTRIC CO. (Meralco) is engaging with other foreign firms to explore small modular reactor (SMR) development after a feasibility study with a US company failed to progress, a company official said.

THE Manila Electric Co. (Meralco) has terminated its partnership with American nuclear firm Ultra Safe Nuclear Corp. (USNC) following a series of regulatory and financial setbacks that derailed the progress of their planned micro-modular reactor (MMR) project.

STATE-RUN Philippine National Oil Co. (PNOC) plans to develop an offshore wind (OSW) integration port to support power generation by 2028.

Manila Electric Co. (Meralco) is seeking new foreign partners for nuclear power projects after its agreement with U.S.-based Ultra Safe Nuclear Corp. (USNC) stalled, a senior executive said.

D&L Industries Inc. is considering building a second biodiesel production facility to meet the government’s mandated increase in biodiesel blends for oil companies.

MANILA – The PHP7.5-billion Daanbantayan Solar Power Plant broke ground this week after its documentary requirements were fast-tracked by national government agencies (NGAs) and local government units (LGUs) under the Marcos administration’s green lane initiative.

MANILA – The Department of Energy (DOE) has called on Filipinos to switch off non-essential lights and electrical appliances, a symbolic gesture to raise awareness of climate change and environmental issues, on Earth Hour 2025 on Saturday.

First Gen Corp. of the Lopez Group on Friday reported a 12-percent decrease in attributable recurring net income for 2024 to $245 million (P14 billion) from $277 million (P15.4 billion) in 2023.

Acciona Energia Global, a leading renewable energy producer, started the construction of a P7.5-billion solar project in Daanbantayan, Cebu, following a groundbreaking ceremony on March 16, 2025.