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Aboitiz units power Davao’s run-of-river hydro plants

The Aboitiz Group has committed to further improve water supply in Davao after the inauguration of the Davao City bulk water supply project last month......»»

Category: financeSource: philstar philstarMar 15th, 2024

Shear line affects over 80-K families in Davao

The shear line in the Davao Region has had a significant impact on over 80,000 families, as reported by the Office of Civil Defense-Davao Region (OCD-Davao). The affected families are spread across Davao de Oro, Davao del Norte, Davao Occidental, and Davao Oriental. Evacuation efforts have been underway, with some families still in shelters. Tragically, casualties have been reported, including fatalities and injuries due to landslides and flooding. The infrastructure has also suffered, with roads and bridges being blocked or damaged. The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has been providing relief to affected residents, and the local government units have also contributed aid. In response to the shear line, the OCD-Davao has raised its Blue Alert status, emphasizing the need for intensified monitoring and immediate mobilization of resources. The situation remains challenging, with ongoing flooding and landslides affecting numerous areas in the region......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Aboitiz Land, Aboitiz Foundation, PCGA nag-uban alang sa komunidad

Aboitiz Land, Aboitiz Foundation, PCGA nag-uban alang sa komunidad.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Aboitiz Land, Aboitiz Foundation, PCGA forge partnership for community development

Aboitiz Land, Aboitiz Foundation, PCGA forge partnership for community development.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

Aboitiz Foundation appoints new leaders

The Aboitiz Foundation announced the appointment of Ana Margarita Hontiveros-Malvar as its new president, concurrent with her existing role as the chief reputation and sustainability officer of Aboitiz Equity Ventures while Maria Remedios Dominique Suplido assumes the role of Aboitiz Foundation’s chief operating officer......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

95 areas in Davao Region still grapple with flooding

Ninety-five areas in the Davao Region continue to grapple with flooding, as reported by the Office of Civil Defense-Davao Region (OCD-Davao). Davao del Norte has the highest number of flooded areas, with 64 barangays affected, followed by Davao Oriental with 22, and Davao de Oro with nine. The region has also experienced over 50 landslides, with Davao de Oro leading with 44 incidents and eight in Davao Oriental. Tragically, a significant landslide in Monkayo, Davao de Oro resulted in nine confirmed deaths, one critical injury, and four individuals still under search and rescue operations. Davao City also recorded casualties due to heavy rains. The adverse weather conditions have affected thousands of individuals and displaced over 4,000 families in evacuation centers. The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has provided assistance to the affected families. The heavy rainfall is attributed to a weather system known as a shear line, causing widespread impact in the Visayas and Mindanao areas......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

AboitizPower names new president

Aboitiz Power Corp. the listed power arm of the Aboitiz Group, has announced the appointment of Danel Aboitiz as the next president and CEO of the company starting July 1......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

PSSO warns anew vs building structures atop dikes, coastal road

The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Casecnan hydro plant turned over to First Gen

Lopez-led First Gen Corp., through its subsidiary Fresh River Lakes Corp., is now officially the owner of the Casecnan Hydroelectric Power Plant in Pantabangan, Nueva Ecija......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Aboitiz-led Apo Agua starts supplying water to Davao City

DAVAO CITY (MindaNews / 10 January)—Consumers here can expect better supply as the P12-billion Davao City Bulk Water Supply Project (DCBWSP) of the Aboitiz-led Apo Agua Infrastructura Inc. has commenced operations on December 1, 2023, three years after the completion target. In a joint statement released by the Davao City Water District (DCWD) and Apo […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Energy policy failure

The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Germany spending billions to replace nuclear power

The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

EU s largest economy spending billions to replace nuclear power

Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

AboitizPower eyes additional 1200 MW of renewable energy

Aboitiz Power Corp. is planning to develop mostly solar and wind power plants in the country as part of efforts to boost its renewable energy portfolio to about 1200 megawatts......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

River Crossing

RIVER CROSSING. Father and son hire a boatman to bring them to the other side of Mandulog River in Iligan City from Bayug Island to Barangay Santiago on Wednesday morning (28 February 2024), for the father to work, and for the son to go to school. MindaNews photo by BOBBY TIMONERA.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Mati City, 10 municipalities in Davao Oriental suspend classes, work

Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

2 die as van falls off cliff in Benguet

Emergency crew retrieved the bodies of two laborers Friday morning after the van they were riding on plunged into a river at Sitio Hydro #2, Tadiangan, Tuba, Benguet......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Aboitiz Power Corporation to hold Annual Stockholders Meeting

Notice is hereby given that the Annual Meeting of the Stockholders of ABOITIZ POWER CORPORATION (the "Company") will be held on April 22, 2024, Monday at 9:30 a.m. (the "2024 ASM")......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

Aboitiz Power Corporation: Notice of Annual Meeting of Stockholders

Notice is hereby given that the Annual Meeting of the Stockholders of ABOITIZ POWER CORPORATION (the "Company") will be held on April 22, 2024, Monday at 9:30 a.m. (the "2024 ASM")......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Aboitiz Group raises 2024 capex

The Aboitiz Group is poised to expand its various business units this year, supported by a substantial increase in capital expenditures......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024