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ACEN, Rockefeller Foundation eye first coal-to-clean energy initiative

The first coal to clean credit initiative pilot project could save up to 19 million tons of carbon emissions through the decommissioning of a coal plant, ACEN Corp. and the Rockefeller Foundation said......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

TIIC taps Vivant unit for additional solar capacity

Cebu-based manufacturing firm Treasure Island Industrial Corp. has partnered with Corenergy, a subsidiary of Vivant Energy Corp., to boost the solar generation capacity of its packaging division by 729.3 kilowatt peak......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Vivant FY23 profit: P2.3-B (up 43%)

Vivant Corporation [VVT 14.32 unch; 0% avgVol] [link] teased an FY23 net income of P2.3 billion, up 43%, boosted by the recognition of P366 million in a one-time, non-core “management and technical contract”......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Lotilla sablay forecast: 47 power plant tumirik sa El Niño

Umaabot sa 47 power plant ang tumirik sa loob lamang ng 30 araw kaya halos kapusin ang suplay ng kuryente sa Luzon at Visayas, taliwas sa naging pangako ni Energy Secretary Raphael Lotilla noong Marso na sapat ang suplay ng kuryente kahit sa panahon ng tag-init. The post Lotilla sablay forecast: 47 power plant tumirik sa El Niño first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 29th, 2024

Bangsamoro dangles coal, oil investments

The Department of Energy is bidding out four pre-determined areas or coal and petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (B.....»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Envi group raises concern over Aboitiz coal expansion in Cebu

Envi group raises concern over Aboitiz coal expansion in Cebu.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Early retirement of coal plants to significantly cut CO2 emissions

The early retirement of coal supply agreements in the Philippines is expected to significantly reduce carbon dioxide emissions, aligning the country with the objectives of the Paris Agreement......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

150 MW solar power plant tukuron sa Daanbantayan

150 MW solar power plant tukuron sa Daanbantayan.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

P3 billion solar power plant to rise in Negros Occidental

Eight years after a 25-megawatt solar power plant became operational in Silay City, Negros Occidental, a similar project worth P3 billion will be established in the same city......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Samar to host SE Asia’s first tidal power plant

The first tidal power generation plant in Southeast Asia will be built in the remote island of Capul in Northern Samar, along the San Bernardino Strait, an area well-known for its strong marine currents......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Century Pacific expanding solar power capacity at GenSan plant

Century Pacific said that it is getting ready for the March 2024 switch-on of its solar power capacity expansion at its General Santos plant......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

PCPC admits internal plant issue prolonged return to Panay grid

The Palm Concepcion Power Corp. admitted to the Senate that its plant caused and prolonged the power outage on Panay Island at the start of January......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Semirara income drops 30% to P27.9 billion

Lower prices of coal and power rates dragged the net income of Semirara Mining and Power Corp. by 30 percent to P27.9 billion in 2023 from P39.9 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Russia to launch major EV project in Egypt

A Moscow-based electric car producer is set to build a components plant in Giza Egyptian real estate major GV Investments and Russian electric vehicle producer Concordia have struck a deal for the construction of a plant to produce EV components in Egypt, the Russian company announced on its website on Thursday......»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

PSALM expects P100 billion from CBK privatization

The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

First Gen to upgrade, expand Casecnan plant

Lopez-led First Gen Corp. is expanding and upgrading the Casecnan hydroelectric power plant after taking over the facility last month......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 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

Casecnan hydro plant turned over to First Gen

Lopez-led First Gen Corp., through its subsidiary Fresh River Lakes Corp., is now officially the owner of the Casecnan Hydroelectric Power Plant in Pantabangan, Nueva Ecija......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Lotilla dinikdik sa power crisis

Kinastigo ni Senador Chiz Escudero ang Department of Energy dahil sa pagkabigo nilang inspeksyunin ang mga power plant bago ang mga unscheduled shutdown na nagpanipis sa suplay ng kuryente sa Luzon at Visayas. The post Lotilla dinikdik sa power crisis first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 27th, 2024