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SM Investments buys 28.79% stake in CREIT for P5-B
SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»
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......»»
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.” .....»»
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......»»
Philippines 10-year nuclear plan ‘too late,’ says climate analyst
The long-term nuclear plan outlined by the Department of Energy is “too long, too late” due to the climate emergency, a climate analyst said, suggesting instead the prioritization of building renewable energy facilities......»»
MGreen hikes stake in SPNEC
MGen Renewable Energy Inc. a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp......»»
Investor interest in power gaining steam – Lotilla
Investor interest in the country’s power sector, particularly in the renewable energy space, continues to gain steam, according to the Department of Energy......»»
MGen completes takeover of SPNEC
MGen Renewable Energy Inc., a subsidiary of Manila Electric Co., has completed its P15.9- billion investment in SP New Energy Corp.......»»
Ashley Ortega dedma muna sa mga lalaki: I don’t need a guy in my life!
SUPER happy ngayon sa kanyang personal life at showbiz career ang Kapuso actress na si Ashley Ortega. Sumusumpa ang dalaga na single pa rin siya hanggang ngayon pagkatapos nilang maghiwalay ng kanyang ex-dyowa na si Lucena City Mayor Mark Alcala mahigit isang taon na ngayon ang nakararaan. Ine-enjoy lang daw ngayon ni Ashley ang kanyang buhay.....»»
Lovi marunong magpasalamat sa press; kakaririn na ang pagiging producer
ISA si Lovi Poe sa mga iilang artista na marunong magpahalaga at magpasalamat sa members ng entertainment press. Kung ang ibang celebrities ay walang paki at dedma lang sa showbiz media kahit na nasusulat sila ng maganda, ibang-iba ang anak ng yumaong Action King na si Fernandoe Poe, Jr.. Tulad na lang ng effort na.....»»
Daniel Padilla iwas-iwas muna sa mga girls: I need to love myself first!
DEDMA muna ang Kapamilya actor na si Daniel Padilla sa mga babae dahil mas gusto raw niyang mag-focus sa pagtatrabaho ngayong 2024. Ipapahinga raw ni Daniel ang kanyang puso this year pagkatapos nilang maghiwalay ng ex-girlfriend na si Kathryn Bernardo. “No, definitely not. Love for human nature ‘yun ang hinahanap ko. Trabaho muna ‘ko, wala.....»»
Catriona Gray, Sam Milby magkasama, dedma sa isyung break na
TILA walang paki ang celebrity couple na sina Catriona Gray at Sam Milby sa mga kumakalat na chikang hiwalay na sila. Marami kasi ang nag-iisip na break na ang engaged couple dahil may pagkakataong hindi raw suit ng Miss Universe 2018 ang kanyang engagement ring at hindi na raw sila nagpo-post ni Sam ng pictures.....»»
DTI lures Lithuanian investors with booming ICT, renewable sectors
DTI lures Lithuanian investors with booming ICT, renewable sectors.....»»
‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors
‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors.....»»
DOE kulang sa energy – Hontiveros
Inalaska ni Senadora Risa Hontiveros ang Department of Energy (DOE) na kulang umano sa energy para resolbahin ang kakapusan ng suplay ng kuryente sa bansa. The post DOE kulang sa energy – Hontiveros first appeared on Abante......»»
Pragmatic approach to energy security
In the midst of surging power demand and concerns over energy security, the importance of a more resilient and robust energy infrastructure in maintaining reliable supply for the Philippines has taken center stage......»»
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......»»
Nuclear energy is safe, DOE says
Given historical adversities involving nuclear power plants across the world, the Department of Energy has assured the public of careful planning for the use of nuclear energy in the Philippines......»»
Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
Leviste acquires 8.5% stake of ABS-CBN
Entrepreneur Leandro Leviste, founder of renewable energy firm Solar Philippines, purchased P76.5 million worth of shares of ABS-CBN Corp. or 8.5% of the network......»»