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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: philstar philstarJan 31st, 2024

SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t

SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

President Marcos OKs DepEd’s basic education plan, other measures

The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, approved on Thursday three priority projects, including a medium-term basic education plan and a higher project cost for a world-class cancer center of the University of the Philippines-Philippine General Hospital (UP-PGH)......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

PH’s BOI grants green lane endorsement for P10.85-B wind project in Laguna

The project, with an investment cost of P10.85 billion, is set to start its commercial operations by 2026 and is expected to generate at least 30 direct and 500 indirect employment for Filipinos......»»

Category: lifestyleSource:  abscbnRelated NewsApr 4th, 2024

AboitizPower eyes additional 1200 MW of renewable energy

Aboitiz Power Corp. is planning to develop mostly solar and wind power plants in the country as part of efforts to boost its renewable energy portfolio to about 1200 megawatts......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

ACEN expands presence in US

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

ACEN expands US presence

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

First Gen spots additional RE sites in Nueva Ecija

Lopez-led First Gen Corp. is looking at several areas near its hydroelectric power plant complex in Pantabangan, Nueva Ecija as potential sites for the development of solar and wind farms, as well as a battery energy storage system......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

D& L central hub in Batangas gets LEED gold seal

D&L Industries Inc. has secured a gold Leadership in Energy and Environmental Design (LEED) certification for its newly operational plant in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

PetroWind supplies power to Panay

PetroWind Energy Inc., a joint venture between Yuchengco-led PetroGreen Energy Corp., EEI Power Corp. and BCPG Public Co. Ltd. of Thailand, continues to ramp up its clean energy projects......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

ACEN, Marubeni partner for 200-MW BESS project

Ayala-owned ACEN Australia has teamed up with Marubeni Asian Power Singapore for the joint development of a 200 megawatts battery energy storage system in New South Wales, Australia......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Al-ag proposes to repeal ordinance requiring delivery riders biz permits

Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Lapu-Lapu City signs agreement with private firm for socialized housing project

LAPU-LAPU CITY, Cebu —The Lapu-Lapu City Government has entered into an agreement with a private firm for a socialized housing project in Barangay Calawisan that is scheduled to be realized this year. On Thursday, April 4, Mayor Junard “Ahong” Chan and Johndorf Ventures Corporation President/CEO Richard Lim formally signed a Deed of Donation for the.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

Leviste firm to invest over P5 billion in Batangas

Countryside Investments Holdings Corp., a company owned by Leandro Leviste, is investing over P5 billion to help boost development in rural Batangas......»»

Category: newsSource:  philstarRelated NewsMar 15th, 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

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

Mati LGU, PRA seal deal

THE City Government of Mati in Davao Oriental had formally inked a Memorandum of Understanding (MOU) with the Philippine Reclamation Authority (PRA) or the formalization of the Mati City Reclamation Project......»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Are you being spoofed? Here are telltale signs

Are you being spoofed? Here are telltale signs.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Hotel101 signs merger deal

Hotel101 signs merger deal.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

Cebu FC signs Özata, Öztürk

Cebu FC signs Özata, Öztürk.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 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