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Basic Energy signs MOU for joint development of 50MW Batangas wind project

Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Alternergy reallocates IPO proceeds to Tanay and Alabat projects

Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Vietnam s GDP to reach nearly 470 bln USD in 2024: IMF

HANOI, March 14 (Xinhua) -- Vietnam's gross domestic product (GDP) is forecast to reach about 469.7 billion U.S. dollars by the end of 2024, ranking the fifth in Southeast Asia, Vietnam News reported Thursday, citing the International Monetary Fund (IMF). Indonesia, Thailand, Singapore and the Philippines have taken the leading positions in the forecast. According to IMF, Vietnam's GDP was estimated to ha.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Green groups seek relocation of planned wind farm outside Masungi

Shifting to cleaner energies like solar and wind is essential to mitigate the impacts of climate change. However, environmental organizations stressed that clean energy initiatives should not come at the expense of the country’s natural heritage......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

UPC Power completes purchase of 38MW wind project in US

UPC Power completes purchase of 38MW wind project in US.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

ACEN expands presence in US

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

ACEN expands US presence

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

10 offshore wind projects to generate power by 2028

At least 10 offshore wind projects with 6.72-gigawatt (GW) capacity are expected to generate power by 2028, according to Energy Undersecretary Rowena Cristina Guevara......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Vietnam Objects to China s Expanded Reach in Gulf of Tonkin

washington - Vietnam is crying foul over a Chinese bid to redefine its coastal waters in the Gulf of Tonkin, a waterway at the northern end of the South China Sea lying between China's Hainan Island and Vietnam.Beijing's delineation of a new baseline in the gulf was declared earlier this month. Under the U.N. Convention on the Law of the Sea (UNCLOS), a country's baseline is essentially its shoreline at low tide.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 1st, 2024

Camille kinuwestiyon ang pagiging nanay nang ipasyal ang anak sa Vietnam

  KINUWESTIYON ng Kapuso actress-TV host na si Camille Prats ang kanyang pagiging nanay nang dalhin niya ang anak na si Nala sa Vietnam. Nag-girls trip ang mag-ina recently sa ilang tourist destinations sa Vietnam bilang pakikiisa sa pagdiriwang ng International Women’s Month ngayong buwan ng Marso. Ibinahagi ni Camille sa kanyang Instagram account ang.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Vietnam, Philippines agree to prevent incidents in South China Sea

HANOI, Vietnam: During a state visit to Hanoi by President Ferdinand Marcos Jr., this week, Vietnam and the Philippines agreed to prevent untoward incidents in the South China Sea and enhance the cooperation between their coastguards. The two memorandums of understanding (MoU) on security signed by the two Southeast Asian countries, which have competing claims over parts of the South China Sea, cover "incident p.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 4th, 2024

Vietnam, Philippines agree to enhance South China Sea security

HANOI, Vietnam: During a state visit to Hanoi by President Ferdinand Marcos Jr., this week, Vietnam and the Philippines agreed to prevent untoward incidents in the South China Sea and enhance the cooperation between their coastguards. The two memorandums of understanding (MoU) on security signed by the two Southeast Asian countries, which have competing claims over parts of the South China Sea, cover "incident p.....»»

Category: lifestyleSource:  abscbnRelated NewsFeb 3rd, 2024

Japan grants P281M to farm-to-school meals project in BARMM

The Farm-to-School Meals project of the United Nations World Food Programme (WFP) links smallholder farmers and fisherfolk with primary schools to provide school children in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) with nutritious meals......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

DOE slates 3rd round of Green Energy Auction

Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Philippines, Indonesia seek to strengthen cooperation for energy security

MANILA, Jan. 10 (Xinhua) -- The Philippines and Indonesia on Wednesday agreed to strengthen energy cooperation to safeguard energy security. Energy ministers of the two countries signed a memorandum of understanding (MOU) on energy cooperation at the presidential palace in Manila, where Indonesian President Joko Widodo was received by his Philippine counterpart Ferdinand Romualdez Marcos. Widodo arrived i.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

PPPs eyed for offshore wind farms in ports

The government may consider public-private partnerships (PPPs) in its plan to transform ports into offshore wind projects, as it could take as much as $80 million to redevelop each one of them......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

ADB OKs $400,000 assistance to Philippines for offshore wind projects

The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Every Sweat Counts patok sa Cool Summer Farm race

MARKADO ang kabayong si Every Sweat Counts sa 2024 Philracom Cool Summer Farm Stakes Race. The post Every Sweat Counts patok sa Cool Summer Farm race first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024