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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

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

Alternergy income reaches P121 million

The earnings of renewable energy firm Alternergy Holdings Corp. reached P121.16 million for the first half of its fiscal year......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

PSE approves listing of GSIS-owned Alternergy preferred shares

Alternergy disclosed that the PSE has approved its application to list the 100 million preferred shares that it sold to the Government Service Insurance System at a price of P14.50/share......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Alternergy quarterly profit up 3198% y/y

Alternergy posted a Q2/24 net income of P24.2 million, which was up 3,198% y/y from its Q2/23 net loss of P0.8 million......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Benny Blanco makes new Filipino food review after Jollibee online backlash

After earning the ire of many Filipinos who had seen his initial negative review of Jollibee, American record producer Benny Blanco uploaded another food review video, this time giving a more favorable review of Filipino food. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 3rd, 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

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

Basic Energy’s chairman steps down due to health concerns

Basic Energy disclosed that its chairman, Ramon Villavicencio, will step down as chairman and vacate his position as a board member effective March 31 due to personal health concerns......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Basic Energy’s chairman steps down due to health concerns

Basic Energy disclosed that its chairman, Ramon Villavicencio, will step down as chairman and vacate his position as a board member effective March 31 due to personal health concerns......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Tell it to SunStar: Efficient resource management on education over simply spending more

Tell it to SunStar: Efficient resource management on education over simply spending more.....»»

Category: newsSource:  sunstarRelated NewsMar 7th, 2024

Solon pushes creation of Dept of Water Resource Management

CEBU CITY, Philippines — A lawmaker is pushing for the establishment of a national framework for water resource management that is spelled out in the proposed Department of Water Resources Management (DWRM) as a long-term solution to water shortage in the country. Agri Partylist Representative Wilber Lee said that the DWRM will bring together 32.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024

Fast track consenting in the fast lane

The Government is progressing changes to resource management laws as part of its 100 Day Action Plan, with the first steps taken to establish a new fast-track consenting one-stop shop regime."This new regime, which forms part of National's coalition agreement with New Zealand First, will improve the speed and process for resource approvals for major infrastructure projects, unlocking opportuni.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

K-12 curriculum review every 3 years sought

Las Piñas Rep. Camille Villar is pushing for legislation that will mandate the regular review of the K-12 Basic Education Curriculum to ensure the “employability and competitiveness” of its graduates......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 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

‘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

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

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

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