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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

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

Capitol signs deal to build 150-MW solar farm

Capitol signs deal to build 150-MW solar farm.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 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

Phase 1 of Cebu BRT project due for turnover in May or June

CEBU CITY, Philippines – Phase one of the Cebu Bus Rapid Transit (CBRT) project is set to be completed around May or June this year, a local legislator confirmed. Councilor Jerry Guardo, chairman of the committee on infrastructure of the Cebu City Council, said that although the project was initially scheduled for turn over in.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 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

Philippines, Vietnam ink 5-year rice supply deal

The Philippines signed on Tuesday a five-year deal with Vietnam to ensure steady supply of affordable rice to the country as global prices of the staple continue to surge......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Philippines to sign 5-year rice deal with Vietnam

The Philippines is expected to forge a five-year rice deal with Vietnam during President Marcos’ state visit later this month to ensure stable supply even during calamities, Agriculture Secretary Francisco Tiu Laurel Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Hotel101 signs merger deal

Hotel101 signs merger deal.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

300M Coliseum Project is set to be constructed at the CatSU Compound

Catanduanes State University’s leadership joyfully announces the initiation of a 300 million project aimed at constructing a coliseum on a one-hectare plot within the campus. In a statement by President Patrick Azanza, he indicated that the initial phase, valued at 100 million, is slated to commence this year, with the entire project anticipated to conclude […] The post 300M Coliseum Project is set to be constructed at the CatSU Compound appeared first on Bicol Peryodiko......»»

Category: newsSource:  inquirerRelated NewsJan 11th, 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

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

SPNEC confirms 2026 as the completion target for Phase 1 of Terra Solar Project

SP New Energy confirmed, in response to a PSE query, that it plans to complete the 3.5 GW Terra Solar Project in two phases......»»

Category: financeSource:  philstarRelated NewsJan 12th, 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