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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

Labor leader joins SSS policy-making body

Labor leader Eva Arcos has joined the highest policy-making body of state-run pension fund Social Security System......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Ben& Ben sa bagong hugot song na ‘COMETS’: 4 years in the making ‘to!

MAY ilalabas nang bagong hugot song ang OPM hitmaker na Ben&Ben! Ito ang upcoming single nila na “COMETS” na mapapakinggan na sa Biyernes, May 10. Ang kanta ay isinulat ng magkapatid na sina Paolo at Miguel Benjamin na tungkol sa pagmamahal na panandaliang nawala. “Four years in the making ‘to, Liwanag. Ready na siya. SAVE.....»»

Category: newsSource:  inquirerRelated NewsMay 9th, 2024

Philippine prosecutor clears ex-President Duterte of making on-air death threat - BenarNews

Philippine prosecutor clears ex-President Duterte of making on-air death threat BenarNews.....»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 2024

German parliament to vote on making it easier for people to legally change their name and gender

German parliament to vote on making it easier for people to legally change their name and gender.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Mayor Baste honors law enforcers in making Davao City insurgency-free

DAVAO City Mayor Sebastian “Baste” Duterte honors the military and law enforcement units in making the city insurgency-free......»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Sustainability in Action: How Watsons Philippines is making a difference

Sustainability in Action: How Watsons Philippines is making a difference.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

‘Delulu’: Are you one? Do you even know what a ‘delulu’ is?

CEBU CITY, Philippines— Have you ever tried making up scenarios inside your mind about the person to whom you are attracted to? Maybe making signs of some gestures that would make you feel he or she is into you too? Apparently, in today’s language, especially on social media a term came to light. “Delulu.” This.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Making Home Choices Simple: Renting vs. Buying

Choosing between renting and buying a home is a decision that greatly shapes one’s lifestyle and financial future. It is a major decision that involves considering different factors, including financial responsibilities, personal preferences, and long-term goals. This article attempts to simplify the complexities associated with this decision-making process, providing straightforward insights that empower readers to […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

Germany mulling sale of stake in top gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Why people’s initiative to amend Philippine Constitution reeks of ‘Marcosian tactics’

“Corruption & poverty are the main reasons why we lag behind economically and politically. These problems are not created by the 1987 Constitution, but by greedy politicians who control power and money for their self-interests." The post Why people’s initiative to amend Philippine Constitution reeks of ‘Marcosian tactics’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 23rd, 2024