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UPC Power completes purchase of 38MW wind project in US

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

Category: newsSource: sunstar sunstarJan 24th, 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

‘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

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

ACEN inks power purchase deal with Australian firm

A subsidiary of Ayala-led ACEN Corp. and SmartestEnergy Australia have signed an eight-year power purchase agreement to offtake renewable electricity generated from its solar project......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

You’re Regretting Your Most Recent Purchase – Now What?

Admit it, as we’ve all been there – that sinking feeling of regret that washes over us after making a purchase we thought we really needed (wanted), leaving us questioning our decisions and grappling with a sense of buyer’s remorse. Whether it’s a spontaneous splurge or a carefully considered purchase – one you’ve slept on, […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024

Mandaue City councilor questions plan to purchase P4M van

MANDAUE CITY, Philippines — A Mandaue City councilor has questioned the plan to purchase a P4 million coaster van for the Mandaue Investment Promotions Tourism Action Center (MIPTAC). On Monday, March 11, 2024, the councilors passed on second reading a proposed ordinance authorizing Mayor Jonas Cortes to purchase one unit of a 29-seater coaster amounting.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 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

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

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

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

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

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

DPWH completes buildings at DHVSU San Fernando

DPWH completes buildings at DHVSU San Fernando.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Megaworld completes secondary share sale of 40.65M MREIT shares

Megaworld completes secondary share sale of 40.65M MREIT shares.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

DPWH completes steel bridge in Magalang town

DPWH completes steel bridge in Magalang town.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

DPWH completes P78.4-M road improvement projects

DPWH completes P78.4-M road improvement projects.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

DPWH completes P39M road rehabilitation in CSF

DPWH completes P39M road rehabilitation in CSF.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

DPWH completes projects in Bataan, Nueva Ecija

DPWH completes projects in Bataan, Nueva Ecija.....»»

Category: newsSource:  sunstarRelated NewsFeb 23rd, 2024

Balamban town completes 30 infrastructure projects

Balamban town completes 30 infrastructure projects.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

DPWH completes projects in Central Luzon provinces

DPWH completes projects in Central Luzon provinces.....»»

Category: newsSource:  sunstarRelated NewsFeb 2nd, 2024