SP NEW ENERGY Corp. (SPNEC) has approved a budget for the planned infusion of renewable energy assets from its parent MGEN Renewable Energy, Inc. (MGEN Renewables), as the company prepares for a merger targeted for completion by year-end.

THE Energy Regulatory Commission (ERC) said on Thursday that the country’s renewable energy (RE) goals may not be achieved on time due to delays in regulatory approvals and outdated market rules, among other factors.

MSpectrum Inc., Tokyo Century Corp. (TC), and JFE Engineering Corp. have established a joint venture, MSpectrum Taiyo Inc., to develop solar projects for industrial facilities in the country.

Trinasolar sees growing opportunities in the Philippines as the market moves beyond standalone solar projects and increasingly adopts battery energy storage systems (BESS) to improve reliability and long-term performance.

CEBU CITY—First Gen Corp. has helped the Jollibee Group’s Danao Commissary operate on approximately 99 percent clean energy through a combination of rooftop solar power and geothermal energy, demonstrating how renewable energy can strengthen industrial operations while reducing exposure to volatile fuel prices.

State-run Land Bank of the Philippines (LANDBANK) has extended PHP 800 million in project financing for the rollout of 16 off-grid microgrids across Palawan, a development expected to provide round-the-clock electricity to more than 30,000 people in underserved communities.

THE WINNING BIDDER in the auction to build the Philippines’ new nuclear power plant will have the option to negotiate a sovereign guarantee and other forms of government support to mitigate the risks associated with the pioneering project, according to guidelines being drafted by the government.

Nuclear energy is increasingly being viewed not as a quick fix but as a long-term strategic investment that could help Asian countries strengthen energy security, support economic growth, and sustain the clean energy transition, according to experts gathered at the Asian Clean Energy Forum (ACEF) 2026 hosted by the Asian Development Bank (ADB).

THE Department of Energy (DOE) announced on Wednesday it has expanded its “Solar Solutions for Government: Energy Efficiency and Renewable Energy in Public Buildings” (SSG-ERPB) initiative, with six additional Metro Manila local government units (LGUs) signing a Memorandum of Agreement (MOA) to implement rooftop solar and energy-efficient retrofits in public buildings.

MANILA – The Marcos administration’s decision to place energy security at the center of its development agenda will help ensure long-term economic resilience and support the transition to a sustainable energy system, Energy Secretary Sharon Garin said.