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Powering progress toward sustainable energy

As Filipinos anticipate the onset of the dry season, which is intensified by the ongoing El Niño, President Marcos has issued a crucial directive to all government entities, both at the national and local levels, emphasizing the imperative need for energy efficiency and conservation......»»

Category: financeSource: philstar philstarJan 31st, 2024

Basic Energy, Renova sign MOU for construction of 50MW Mabini Wind Energy Project

I reported last week on Basic Energy and its progress toward signing a memorandum of understanding with Renova Inc. to set the framework for signing an eventual Joint Development and Shareholders Agreement for the construction of the 50MW Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

COMMENTARY | Strategies for powering progress: The Visayas energy imperative 

As one of the country's major urban centers, Cebu City's demand for energy has surged, driven by a growing population, an expanding industrial sector, and a thriving tourism industry. Beneath its busy streets and growing economy lies the critical challenge of the urgent need for increased power generation capacity. .....»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

COMMENTARY | Strategies for powering progress: The Visayas energy imperative 

As one of the country's major urban centers, Cebu City's demand for energy has surged, driven by a growing population, an expanding industrial sector, and a thriving tourism industry. Beneath its busy streets and growing economy lies the critical challenge of the urgent need for increased power generation capacity. .....»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Agoda’s Eco Deals Survey: 4 in 5 Travelers Care About More Sustainable Travel

As Pinoy travelers venture to explore new horizons, they are increasingly mindful of the potential impact of their choices. According to a survey conducted by digital travel platform Agoda, 92% of Filipino travelers care about more sustainable travel. Respondents highlighted that financial incentives, the availability of sustainable travel packages, and clearer guidance on sustainable travel […].....»»

Category: newsSource:  metrocebuRelated NewsMar 29th, 2024

NGCP, ECCP sign deal to advance renewable energy development

In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

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

New Zealand commits 25 mln USD for ADB s energy transition mechanism

MANILA, April 19 (Xinhua) -- The Asian Development Bank (ADB) on Friday said that New Zealand has committed 25 million U.S. dollars to the ADB Energy Transition Mechanism Partnership Trust Fund (ETMPTF) to support the shift toward clean, sustainable energy in Southeast Asia. The commitment was made by New Zealand Prime Minister Christopher Luxon during his two-day official visit to the Philippines. "We ar.....»»

Category: newsSource:  manilanewsRelated NewsApr 19th, 2024

Russian economy on sustainable growth trajectory - Mishustin

The country's GDP expanded above expectations last year Russia has not only withstood the pressure of Western sanctions and outside risks but has also managed to steer its economy toward sustainable growth, Prime Minister Mikhail Mishustin said on Tuesday.   Every sector of industry registered positive dev.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 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

Dovish Powell lifts markets to historic highs

Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

SEC revokes registration of One 1Key Progress Booster

The Securities and Exchange Commission has ordered for the revocation of the registration of One 1Key Progress Booster Inc. following its unauthorized solicitation activities......»»

Category: entertainmentSource:  philstarRelated NewsApr 6th, 2024

SEC revokes registration of One 1Key Progress Booster

The Securities and Exchange Commission has ordered for the revocation of the registration of One 1Key Progress Booster Inc. following its unauthorized solicitation activities......»»

Category: entertainmentSource:  philstarRelated NewsApr 6th, 2024

Betterment of women s sports tackled in forum

In celebration of Women's Month, Evident Integrated Marketing and PR hosted a forum called Equal Play: Accelerating Progress for Filipina Athletes, to discuss the progress of Filipina athletes in terms of representation and opportunities......»»

Category: sportsSource:  philstarRelated NewsMar 23rd, 2024

Progress in Israel, Hamas ceasefire talks

Progress in Israel, Hamas ceasefire talks.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

NEWS BRIEFS | 27 February 2024

Energy exploration in BARMM opened for bidding The Department of Energy has opened four areas in the Bangsamoro Autonomous Region in Muslim Mindanao for exploration, development, and production of indigenous energy sources. Energy Undersecretary Alessandro Sales said coal exploration marked as “PDA-BC-1” covering 14,856 hectares in Kapai and Tagoloan towns in Lanao del Sur is […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Sustainability is good business – Ikea Philippines

Ikano Retail, franchisee of Swedish label Ikea in the Philippines, recently released an overview of its sustainability direction and a report card on its performance toward 2025 sustainability targets – ranging from sustainable product sales in their stores and gender balance in the workplaces to a full accounting of its carbon emissions. .....»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Security Bank, Helios team up for solar energy in households

Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Data centers urged to cut power consumption

Energy management and digital automation firm Schneider Electric is urging Philippine data centers to use the “green approach” as part of smart and sustainable solutions to lessen energy consumption......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

SEC strengthens push for sustainable finance

The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024