MANILA, Philippines — Razon-led MORE Electric and Power Corp. has advanced its grid modernization efforts with the energization of Iloilo City’s first fully unmanned power substation.

Nickel Asia Corporation (NAC) reported lower attributable net income for the first quarter of 2026 but highlighted a turnaround in core earnings and strong growth from its renewable energy business.

THE Public-Private Partnership (PPP) Center said infrastructure commitments under existing PPP projects remain intact despite rising global cost pressures linked to the conflict in the Middle East.

THE Luzon Economic Corridor is widening its reach beyond its original core partners, as the Philippines, the United States and Japan move to bring seven countries into a multibillion-peso push to upgrade transport, energy and digital links across key economic hubs.

ACEN Corporation has extended a short-term loan of up to PHP 4 billion to wholly owned subsidiary SanMar Solar Inc. to help fund the next phase of one of the country’s largest solar developments.

The Cagayan de Oro City government and the Institute for Climate and Sustainable Cities (ICSC) held a three-day workshop to revisit and strengthen the city’s Renewable Energy (RE) Plan and Roadmap as part of efforts to improve energy resilience and accelerate the transition to cleaner energy sources.

Manila Electric Co. (Meralco) expects full-year energy sales volume to grow between 1 percent and 2 percent as a prolonged El Niño weather pattern offsets government conservation measures, company officials said.

The Department of Energy (DOE) is hoping to secure a USD 300-million loan package from the Asian Development Bank (ADB) this year to fund a rooftop solar and energy efficiency program for public schools and government hospitals.

The Department of Energy (DOE) and the National Power Corporation (NPC) are rolling out government-procured diesel supplies to help protect electricity supply in remote and off-grid communities across the country.

The Energy Regulatory Commission (ERC) said it has no objection to a proposal by Manila Electric Company to reduce the projected increase in electricity rates for the May 2026 billing period, potentially trimming the generation charge adjustment by more than half.