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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).....»»
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......»»
Citicore Energy REIT declares robust Q4 dividend
Citicore Energy REIT, the subsidiary of Citicore Renewable Energy Corp. and the REIT arm of the Megawide [MWIDE 3.08 unch] group of companies, declared a Q4/23 dividend of P0.054/share, payable on May 15 to shareholders of record as of April 18......»»
Singapore’s Vena Energy rides on RE wave in Philippines
Vena Energy said it is committed to supporting the government’s renewable energy goals......»»
PLDT taps ACEN for renewable shift
Telco leader PLDT Inc. is doubling down on efforts to mitigate its carbon emissions, tapping the help of ACEN Corp. in switching dozens of facilities to renewable energy......»»
Rama plans to redesign CBRT bus station at Capitol for heritage preservation
CEBU CITY, Philippines – The Cebu Bus Rapid Transit (CBRT) project is facing delays, and the mayor’s new plans might make it take even longer. Mayor Michael Rama wants to remove the planned bus station near the Capitol building because it doesn’t fit with the area’s heritage. He plans to replace it with a new.....»»
Southeast Asia’s first ocean tidal energy project to rise in Northern Samar town
Southeast Asia’s first ocean tidal energy project to rise in Northern Samar town.....»»
President Marcos: Look for new fund source for Mindanao railway
President Marcos yesterday ordered the transportation and finance departments to look for funds for the Tagum-Davao-Digos railway, a project that has been stalled after the government decided to no longer tap Chinese loans for its financing......»»
Acciona expands presence, social impact activities
Spanish conglomerate Acciona, a global leader in sustainable infrastructure and renewable energy, is expanding its presence in the Philippines through the acquisition of an 80 percent stake in Freya Renewables, a consulting firm for renewable development......»»
SEC OKs Citicore Renewable IPO
The Securities and Exchange Commission has given its green light to the P11.252-billion initial public offering of Citicore Renewable Energy Corp......»»
Marubeni mulls RE foray, industrial estate development in Philippines
Japanese trading giant Marubeni is mulling an industrial estate comeback in the Philippines, while also exploring possible ventures into the renewable energy space......»»
‘Congress can provide funding for SHS vouchers for SUCs’
An opposition legislator yesterday offered a solution to the Commission on Higher Education problem regarding the discontinuation of vouchers for senior high school students, saying that Congress can still provide funding if needed......»»
SPNEC confirms plans to sell 40% stake in Terra Solar project to foreign investors
SP New Energy, now a Meralco subsidiary under Manny V. Pangilinan’s chairmanship, confirmed reports that it plans to sell “up to 40% equity stake in the Terra Solar” project......»»
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 […].....»»
Iloilo Airport to get P190-M funding for rehabilitation
Iloilo Airport to get P190-M funding for rehabilitation.....»»
Makabayan bloc seeks probe into funding of charter change initiatives
In a resolution Reps. France Castro (ACT Teachers Party-list), Arlene Brosas (Gabriela Women’s Party) and Raoul Manuel (Kabataan Party-list) called for a probe by the House’s committee on public accounts, stressing the public deserves to know the source of funding for the renewed attempt to change the Constitution. .....»»
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......»»
Asialink secures P300 million credit line from Taiwanese bank
Asialink Finance Corp. has secured a P300-million credit line facility from Taiwan’s Cathay United Bank, shoring up resources that small borrowers can tap into for their expansion plans......»»
Guterres: UN to punish staffers involved in ‘terror,’ urges UNRWA funding
UN Secretary-General Antonio Guterres implores governments to continue supporting the UN refugee agency for Palestinians after multiple countries paused funding.....»»
How to Take Advantage of the Sinulog Season
The festive Sinulog season is now once again upon us, and entrepreneurs once again have a unique chance to tap into the dynamic energy and vibrant spirit that comes with the celebration. The Sinulog Festival is now not only a cultural extravaganza and a religious event but also a potential goldmine for businesses willing to […].....»»