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The Board of Investments has endorsed for green lane processing ACEN Corp.’s SanMar solar project in Zambales.

The Philippines recently achieved a significant milestone in its renewable energy transition with a landmark $600-million investment deal from Actis, a leading UK-based sustainable infrastructure investor, for the Terra Solar project.

SP New Energy Corp. of tycoon Manuel V. Pangilinan is searching for a new site for its 280-megawatt solar project as transmission woes derailed plans at the original location.

Meralco [MER 405.00 ?0.3%; 34% avgVol] [link] negotiated a deal for UK-based Actis to take a 40% equity stake in the Terra Solar project for $600 million

Solar firm Upgrade Energy Philippines is seeing brighter growth prospects after securing a substantial investment from Singapore-based Clime Capital Management Pte. Ltd.