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Citicore Renewable Energy IPO scheduled for May 31
Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»
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......»»
DOE, DOST partner for R& D on renewable energy
The Department of Energy has partnered with the Department of Science and Technology for the conduct of renewable energy research and development ......»»
Citicore Energy REIT declares robust Q4 dividend
Citicore Energy REIT, the subsidiary of Citicore Renewable Energy Corp. and the REIT arm of the Megawide [MWIDE 3.08 unch] group of companies, declared a Q4/23 dividend of P0.054/share, payable on May 15 to shareholders of record as of April 18......»»
US-based Harnyss introduces patented hydrogen technology for energy storage in Philippines
Harnyss, a Texas-based energy technology company, is introducing its patented low-pressure hydrogen storage solutions that could significantly complement the utilization of renewable energy in various settings. .....»»
ACEN, BrightNight partner anew for renewable energy
ACEN, the Ayala Group’s listed energy company, has partnered with US-based BrightNight for the development, construction and operation of an initial one gigawatt renewable energy portfolio in the Philippines......»»
Singapore’s Vena Energy rides on RE wave in Philippines
Vena Energy said it is committed to supporting the government’s renewable energy goals......»»
Philippines to conduct matching event to help foreign investors
MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»
Philippines to conduct matching event to help foreign investors
MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»
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......»»
Prime Infrastructure projects certified of national significance
Two pump storage projects of Razon-owned Prime Infrastructure Capital Inc. (Prime Infra) have been named energy projects of national significance because of their potential contribution to the country’s energy security, according to the Department of Energy......»»
Lighting the path toward long-term energy stability
In discussions of economic development, energy security often finds itself relegated on the sidelines behind infrastructure, agriculture and education......»»
DOE monitoring power situation amid El Niño
Following the Philippine Atmospheric, Geophysical and Astronomical Services Administration’s recent declaration that the warm and dry season has begun, the Department of Energy (DOE) said the country’s power situation is currently being monitored to ensure energy security......»»
Government urged to develop natural gas industry
Developing the country’s natural gas industry is critical to driving investments that will enhance national energy security, reduce electricity costs and create more jobs for Filipinos, according to the Senate committee on energy technical working group......»»
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......»»
‘Applicant’ kills security agency owner
A security agency owner was shot dead in his office by a man who posed as an applicant for the job of security guard in Camarin, Caloocan on Tuesday morning......»»
Tartaria farmers defend community despite assaults, arson from armed security
Tensions in the peasant community of Lupang Tartaria flared up starting April 16 when armed security forces from Jarton Security Agency, Inc. began threatening to erect a barricade around the vicinity. In response, the farmers erected their own fence and set up a protest camp. The post Tartaria farmers defend community despite assaults, arson from armed security appeared first on Bulatlat......»»
Australian lawmakers talk up security cooperation during Taiwan visit
A leading Australian opposition lawmaker visiting Taiwan this week has highlighted the importance of security cooperation between Taiwan and Australia.In a meeting with Taiwanese President Tsai Ing-wen Monday, Andrew Wallace, the deputy chair of Australia's Parliamentary Joint Committee on Intelligence and Security, said that in an ever-changing geopolitical landscape, security cooperation is 'paramount.'.....»»
Minglanilla drug bust: Security guard, construction worker nabbed with P3.4M ‘shabu’
CEBU CITY, Philippines — A security guard and a construction worker, who moonlight as drug peddlers, were caught with suspected shabu worth P3.4 million during a buy-bust operation in Minglanilla, Cebu on Tuesday evening, April 2, 2024. The suspects were identified as Selfred Pojio Silva aka “Odo”, 48, a security guard; and Elmer Morales Bucog,.....»»