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SEC streamlines capital raising for power firms

he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Why planned power boost to Cebu Island welcomed and needed

MANDAUE CITY, Cebu — A business leader in Cebu’s industrial and logistics hub welcomes a firm’s plan to give the island a power boost with its planned expansion and construction of its power facilities. Mark Ynoc, incoming president of the Mandaue Chamber of Commerce and Industry (MCCI), told CDN Digital in a message, why the.....»»

Category: newsSource:  inquirerRelated NewsFeb 3rd, 2024

Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages

Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

DOE eyes AI use in power sector

The Department of Energy is looking at the use of artificial intelligence to help bolster the power sector’s capabilities in resolving and preventing problems such as power plant outages......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Power rates expected to rise because of El Niño

DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»

Category: newsSource:  mindanewsRelated NewsJan 19th, 2024

NGCP not solely to blame for Panay blackout – Chiz

The National Grid Corp. of the Philippines is not solely to blame for the Panay power outage, Sen. Francis Escudero said, adding that power plants also failed in ensuring the island’s power supply......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

China warns Philippines against acts of infringement, provocation

BEIJING, May 17 (Xinhua) -- A Chinese defense spokesperson has warned the Philippine side not to take any rash action, and urged it to halt all acts of infringement and provocation. Zhang Xiaogang, spokesperson for China's Ministry of National Defense, made the remarks at a press conference Friday in response to a media inquiry about the Philippine president's recent claim that the country has no intention to pr.....»»

Category: newsSource:  manilanewsRelated News12 hr. 37 min. ago

Mag-fact check muna : Alden Richards warns public vs his fake quotes about Daniel Padilla, Kathryn Bernardo

Kapuso star Alden Richards warned the public about fake news on social media. .....»»

Category: entertainmentSource:  philstarRelated News22 hr. 8 min. ago

Bangladesh: Searing temperatures sweep like fire across Asia Pacific, causing distress for millions

Kuala Lumpur / Yangon / Dhaka / GenevaAs scorching heatwaves sweep across the Asia Pacific region and countries hit record-breaking temperatures, the International Federation of Red Cross and Red Crescent Societies (IFRC) warns that millions of people including children, the elderly, outdoor labourers and individuals with low immunity and pre-existing conditions are at very high risk.Nati.....»»

Category: newsSource:  manilanewsRelated NewsMay 15th, 2024

Untold harm to nature from wildlife trafficking, warns UNODC

This article originally appeared on UN NewsVienna (Austria), 13 May 2024 - Despite two decades of worldwide efforts, more than 4,000 precious wildlif.....»»

Category: sportsSource:  abscbnRelated NewsMay 14th, 2024

China warns Philippines over explusion of its diplomats amid South China Sea row

Beijing [China], May 11 (ANI): Following the Philippines' call for the expulsion of Beijing's diplomats, China's Ministry of Foreign Affairs warned Manila government and said that "any hasty action" could "potentially harm" the Philippines amid territorial tensions in the South-China Sea, reported by The Manila Times. Lin Jian, spokesman for China's Foreign Ministry, issued the statement after Defence Secretary Gilberto T.....»»

Category: newsSource:  manilanewsRelated NewsMay 12th, 2024

DFA warns vs ‘false narratives’ on Ayungin

The Department of Foreign Affairs has warned the public against false narratives being spread by China to sow discord among Filipinos, including its “unverifiable” recording of a phone conversation between a ranking Philippine military officer and a Chinese diplomat purportedly on an agreement on a “new model” for managing the situation in Ayungin Shoal......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

Lady Tams coach warns: Don t forget about FEU

The FEU Lady Tamaraws reminded the rest of the UAAP that they meant business on Saturday, as they kicked off their Final Four campaign in UAAP Season 86 with an upset victory over twice-to-beat NU, forcing a do-or-die rubber match for the finals on Wednesday......»»

Category: sportsSource:  philstarRelated NewsMay 5th, 2024

BFAR-Davao warns vs fishing using chemicals

THE Bureau of Fisheries and Aquatic Resources-Davao Region (BFAR-Davao) warned the public against using noxious substances in catching fish, as this violates Republic Act Number 10654, otherwise known as the Philippine Fisheries Code of 1998......»»

Category: newsSource:  sunstarRelated NewsMay 4th, 2024

Philippine IP body warns of revenue loss due to online piracy

The Intellectual Property Office of the Philippines (IPOPHL) on Tuesday said online piracy has been causing revenue losses for the country, and that it would cost more if it remains unaddressed......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Magalong warns water firms of overpricing

Baguio Mayor Benjamin Magalong has warned local water delivery companies against overpricing and taking advantage of the high demand amid supply shortage......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

Palace warns vs Marcos deepfake audio ordering military action

The Presidential Communications Office (PCO) issued a warning to the public about a video featuring manipulated audio of President Ferdinand Marcos Jr. directing the military to take action against a foreign country......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024