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Alternergy reallocates IPO proceeds to Tanay and Alabat projects

Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMar 26th, 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

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 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

CPA issue: Cebu City to file cases for alleged violations, multiple illegal constructions

CEBU CITY, Philippines – The Office of the Building Official (OBO) in Cebu City has taken legal action against the Cebu Port Authority (CPA) for the alleged multiple violations related to unauthorized construction activities within the port area. This action comes after CPA persisted in building multiple buildings in the port area without the necessary.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Rama stops CPA port project due to permit issues

CEBU CITY, Philippines – Cebu City Mayor Michael Rama ordered City Hall officials to stop the construction of a port at the back of the National Museum after the Cebu Port Authority (CPA) failed to secure a building permit. The mayor even slammed the CPA for the lack of “decency” and “courtesy” due to the.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

ICTSI bags P750 million Iloilo Port deal

Logistics giant International Container Terminal Services Inc. will add another port to its network of facilities here and abroad, this time securing the P750 million contract to manage the Iloilo Commercial Port Complex......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

BPI raises $400 million from offshore debt market

Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Metrobank eyes return to offshore debt market

Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 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

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

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

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

Batangas teams force showdown

Alpha Bah made all his 17 free throws on the way to a season-high 36 points as Lyceum of the Philippines University-Batangas downed Diliman College, 80-70, yesterday to set up an intriguing quarterfinal showdown with University of Batangas in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6 at the Paco Arena in Manila......»»

Category: sportsSource:  philstarRelated NewsMar 2nd, 2024

Enrollment of online voting gadgets eyed by January 2025

Enrollment of online voting gadgets eyed by January 2025.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

Clark eyed as aerotropolis

Clark eyed as aerotropolis.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

CCSC eyed as satellite campus for National Academy of Sports

CCSC eyed as satellite campus for National Academy of Sports.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

Over 300 entries eyed in DC Athletics Festival

Over 300 entries eyed in DC Athletics Festival.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

New road to Cebu Business Park, creek rehab eyed

New road to Cebu Business Park, creek rehab eyed.....»»

Category: sportsSource:  abscbnRelated NewsFeb 10th, 2024

Faster, cheaper internet eyed

Faster, cheaper internet eyed.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024