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Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Dot Property Southeast Asia Awards 2023 celebrates foremost developers, projects and agencies

The Southeast Asia real estate market currently faces challenges in the face of the global economic environment and tightening access to finance, however, the winners at this eighth annual Dot Property Southeast Asia Awards were celebrated in recognition of their resilience and adaptability to both the evolving needs of home seekers and the surrounding market conditions......»»

Category: financeSource:  philstarRelated NewsJan 25th, 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

Solar Philippines, Indonesian partner secure $14 million loan for solar farm

Solar Philippines and its Indonesian partner have secured a $14-million bank loan for the development of a 25-megawatt solar farm in Kubu District, Karangasem Regency, East Bali......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Solar Philippines, Indonesian partner secure $14 million loan for solar farm

Solar Philippines and its Indonesian partner have secured a $14-million bank loan for the development of a 25-megawatt solar farm in Kubu District, Karangasem Regency, East Bali......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Agoda Unveils Asia’s Top 9 Nature Destinations

To mark the launch of Eco Deals 2024, Agoda’s flagship US$1 million partnership with the World Wide Fund for Nature (WWF), the digital travel platform has compiled a list of some of Asia’s favored nature destinations across Asia, based on searches made on Agoda in January 2024. Enric Casals, Vice President of Southeast Asia, Agoda, […].....»»

Category: newsSource:  metrocebuRelated NewsMar 22nd, 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

MGreen unit breaks ground for Nueva Ecija solar plant

Greentech Solar Energy Inc. , a subsidiary of MGreen Renewable Energy Inc., broke ground on an 18.75-megawatt alternating current solar power plant project in Bongabon, Nueva Ecija......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

JG Summit RE arm makes milestone in solar rooftop

Merbau Corp., the renewable energy arm of conglomerate JG Summit Holdings Inc., has inaugurated its 13.81-megawatt peak roof-mounted solar power project in Batangas City, which is considered as the biggest consumer-driven rooftop solar installation in the country......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Samar to host SE Asia’s first tidal power plant

The first tidal power generation plant in Southeast Asia will be built in the remote island of Capul in Northern Samar, along the San Bernardino Strait, an area well-known for its strong marine currents......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Alerts raised on Visayas, Luzon grids due to power woes

MANILA, Philippines — The Visayas grid was placed on yellow alert while the Luzon grid on red alert by the National Grid Corp. of the Philippines (NGCP) on Tuesday, April 16. This was after 42 power plants either stopped supplying electricity or reduced their output. When power supply is insufficient to meet consumer demand then.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

NGCP not solely to blame for Panay blackout – Chiz

The National Grid Corp. of the Philippines is not solely to blame for the Panay power outage, Sen. Francis Escudero said, adding that power plants also failed in ensuring the island’s power supply......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

150 MW solar power plant tukuron sa Daanbantayan

150 MW solar power plant tukuron sa Daanbantayan.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

P3 billion solar power plant to rise in Negros Occidental

Eight years after a 25-megawatt solar power plant became operational in Silay City, Negros Occidental, a similar project worth P3 billion will be established in the same city......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Philippine embassy in Saudi opens talks on solar power

The Philippine embassy in Saudi Arabia opened a dialogue with company FAS Energy on solar power potential investments......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Century Pacific expanding solar power capacity at GenSan plant

Century Pacific said that it is getting ready for the March 2024 switch-on of its solar power capacity expansion at its General Santos plant......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares

The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

China launches Southeast Asia outreach amid tensions with Philippines

Taipei, Taiwan - China launched a fresh round of diplomatic outreach to Southeast Asia this week, as Chinese leader Xi Jinping met with Indonesian President-elect Prabowo Subianto Monday and foreign ministers from Laos, Vietnam and East Timor began to arrive in Beijing Tuesday.The diplomatic charm offensive comes amid territorial disputes between China and the Philippines in the South China Sea, and efforts by t.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024