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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

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:  manilanewsRelated NewsFeb 22nd, 2024

Charting a course for energy security

Midway through the dry season, the Philippine Atmospheric Geophysical and Astronomical Services Administration has already issued warnings of dangerously escalating heat indexes. Consequently, this forecast signals a looming surge in energy demand, posing a significant challenge for the country amid ongoing issues with power supply......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Schneider Electric switching to solar power

French energy management and automation firm Schneider Electric is transitioning its operations in the Philippines to clean energy with the installation of solar panels in its manufacturing plant in Rosario, Cavite......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

COMMENTARY | Strategies for powering progress: The Visayas energy imperative 

As one of the country's major urban centers, Cebu City's demand for energy has surged, driven by a growing population, an expanding industrial sector, and a thriving tourism industry. Beneath its busy streets and growing economy lies the critical challenge of the urgent need for increased power generation capacity. .....»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

Nuclear energy on tycoons’ radar

Companies led by business titans Manuel V. Pangilinan, Sabin M. Aboitiz and Enrique K. Razon continue their quest for nuclear power in a bid to support the country’s energy security in the coming years......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

COMMENTARY | Strategies for powering progress: The Visayas energy imperative 

As one of the country's major urban centers, Cebu City's demand for energy has surged, driven by a growing population, an expanding industrial sector, and a thriving tourism industry. Beneath its busy streets and growing economy lies the critical challenge of the urgent need for increased power generation capacity. .....»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Pampanga’s Laus Group powers buildings with solar energy

The Laus Group of Companies has tapped German-Filipino supplier Philergy to power up two owned buildings in Pampanga using solar energy......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Data centers urged to cut power consumption

Energy management and digital automation firm Schneider Electric is urging Philippine data centers to use the “green approach” as part of smart and sustainable solutions to lessen energy consumption......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

DOE orders creation of nuclear energy body

The Department of Energy will soon create a committee dedicated to achieving a 2,400-megawatt nuclear power capacity for the country by 2032......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares

The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

SMC ramping up clean energy investments

Diversified conglomerate San Miguel Corp. is poised to amplify its investment in clean energy to support the growing power requirements of the country......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Villar’s PREIT utilizes IPO proceeds for energy projects

Billionaire Manuel Villar Jr.’s Premiere Island Power REIT Corp. has used up all of the proceeds it obtained from its initial public offering to bankroll energy projects in Luzon......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

DOTr mulls offers for EDSA busway

The Department of Transportation (DOTr) would have to choose whether to accept an unsolicited proposal or conduct an open bidding for the operations and maintenance of the EDSA busway......»»

Category: financeSource:  philstarRelated NewsMay 19th, 2024

Korea mulls $3 billion financing facility

The Korean government is looking at establishing a $3-billion funding facility for the Philippines to finance various projects......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Philippines mulls cloud seeding to quench drought

MANILA, April 30 (Xinhua) -- A government official said Tuesday that the Philippines is mulling cloud seeding to quench the country's thirst amid the drought caused by the El Nino phenomenon, which has affected 2.9 million people. Task Force El Nino spokesperson Joey Villarama told reporters that 131 cities and municipalities across the country have declared a state of calamity in response to the devastating eff.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

PNP mulls holding Alvarez liable for sedition

The Philippine National Police is studying if Davao del Norte 1st District Rep. Pantaleon Alvarez can be held liable for inciting to sedition after the lawmaker urged the military to withdraw its support for President Marcos......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024