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Power rates expected to rise because of El Niño

DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»

Category: newsSource:  mindanewsRelated NewsJan 19th, 2024

Canada backs Philippines energy transition

Canada has committed to support the Philippines in its energy transition, particularly in diversifying into cleaner sources of power such as nuclear......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Squirrel involved in power outage provided shelter and care by More Power

Squirrel involved in power outage provided shelter and care by More Power.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night

‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Unleashing a Pinay’s power via ‘Pinay Power’

Unleashing a Pinay’s power via ‘Pinay Power’.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

NexGen Energy wants to follow sister firm REDC’s IPO success

NexGen Energy Corp., a wholly owned subsidiary of Pure Energy Holdings Corp. and a sister company of publicly listed Repower Energy Development Corp., is keen on its own initial public offering as it prepares to develop over 2,350 megawatts of solar and wind power projects over the next 10 years......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Harnessing wind power: Santa Fe as next training ground for Olympic-bound kiteboarders

CEBU CITY, Philippines — Summer came in early this year in Santa Fe in Bantayan Island, Cebu. One weekend in February, kites were flying over the town’s coasts in Barangay Ocoy, dotting the skies in colorful specks. But these were not ordinary kites. Spanning up to 10 meters in width, which is equivalent to three,.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

AI use cuts Globe’s power usage by 8%

Mobile giant Globe Telecom Inc. has introduced artificial intelligence into its energy-saving program, allowing it to cut power consumption by up to eight percent in base stations......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Dingdong Dantes, Alden Richards inject new energy, ideas into 50-year-old MOWELFUND

The presence of Dingdong Dantes and Alden Richards as new board members has injected new life and energy into the 50-year-old Movie Workers Welfare Foundation, Inc......»»

Category: entertainmentSource:  philstarRelated NewsApr 18th, 2024

GT Capital confirms move to diversify into healthcare and renewable energy

GT Capital confirmed a report that it was planning to “expand beyond its current portfolio” into healthcare, renewable energy, and data centers......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

Xinhua Headlines: What China s new economic pivot means for the world

by Xinhua writer Liu Bowei BOAO, China, March 30 (Xinhua) -- On a flat ground in the Mymensingh district in north-central Bangladesh, some 169,000 solar panels are laid in rows, converting sunrays into electrical power. Now, the 50 MW photovoltaic power plant serves as an epitome of Bangladesh's booming green power development, as the South Asian country has announced the decision to reduce carbon dioxide.....»»

Category: newsSource:  manilanewsRelated NewsMar 30th, 2024

ACEN attains 5-GW renewable energy goal ahead of target

It is mission accomplished for ACEN Corp., the listed energy platform of the Ayala group, having achieved its five gigawatts (GW) of renewable energy capacity target a year ahead of schedule......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Lapid bet renewable energy pangontra sa brownout

Maiiwasan ang madalas na brownout sa Western Visayas kung isusulong ang renewable energy sa rehiyon, ayon kay Senador Lito Lapid. The post Lapid bet renewable energy pangontra sa brownout first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

Citicore Renewable Energy IPO scheduled for May 31

Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

DOE, DOST partner for R& D on renewable energy

The Department of Energy has partnered with the Department of Science and Technology for the conduct of renewable energy research and development ......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

US-based Harnyss introduces patented hydrogen technology for energy storage in Philippines

Harnyss, a Texas-based energy technology company, is introducing its patented low-pressure hydrogen storage solutions that could significantly complement the utilization of renewable energy in various settings. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

ACEN, BrightNight partner anew for renewable energy

ACEN, the Ayala Group’s listed energy company, has partnered with US-based BrightNight for the development, construction and operation of an initial one gigawatt renewable energy portfolio in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Singapore’s Vena Energy rides on RE wave in Philippines

Vena Energy said it is committed to supporting the government’s renewable energy goals......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024