Business

Power grid buildout saddled with P346-B ROW claims

The development of the country’s power grid network is still saddled with as much as P346.1 billion worth of unsettled

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Most banks now have sustainability transition plans or frameworks, BSP says

ABOUT 95% of banks have already submitted their transition plans or sustainable finance frameworks as part of the Bangko Sentral ng

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ERC grants Meralco-PEDC move to end supply deal

THE energy regulator has granted the joint move by Manila Electric Co. (Meralco) and Panay Energy Development Corp. (PEDC) to

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Energy dep’t awards 77 offshore wind contracts

THE Department of Energy (DoE) said it has awarded 77 offshore wind energy contracts to date, as well as eight

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ACEN, partner to develop large-scale renewable energy projects in Indonesia

MANILA  -Ayala-led ACEN Corp. has partnered with an Indonesia-based power firm for the development of large-scale renewable energy projects in

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AboitizPower targets full switch to electric vehicles by 2040

MANILA  -Aboitiz Power Corp. aims to deploy around 160 electric vehicles (EVs) by the end of the decade as it

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PCCI pushes energy sector reforms

The Philippine Chamber of Commerce and Industry (PCCI) on Thursday urged the government to improve the national grid and include

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Vietnam state bank joins Asean payment network

THE State Bank of Vietnam (SBV) is the latest addition to the Regional Payment Connectivity (RPC) initiated by the central

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ACEN to develop its first large-scale floating solar project in Laguna Lake

08 August 2023 ━ ACEN, through its subsidiaries, today signed a Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna

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Peso at risk in Q3 on trade gap, rate jitters

WHILE the country’s economic growth targets remain attainable, the Philippine peso is expected to take a beating in the third

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