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Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Liz Tagimacruz: ‘You shouldn’t consider your age as a limiting factor’

Liz Tagimacruz: ‘You shouldn’t consider your age as a limiting factor’.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Tuguegarao, Palawan init factor pumalo sa 43°C

Naitala ng Pagasa ang pinakamataas na heat index nitong Biyernes, Abril 5, sa Tuguegarao City, Cagayan at sa Aborlan, Palawan na umabot sa 43°C. The post Tuguegarao, Palawan init factor pumalo sa 43°C first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

DOE slates 3rd round of Green Energy Auction

Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Philippines, Indonesia seek to strengthen cooperation for energy security

MANILA, Jan. 10 (Xinhua) -- The Philippines and Indonesia on Wednesday agreed to strengthen energy cooperation to safeguard energy security. Energy ministers of the two countries signed a memorandum of understanding (MOU) on energy cooperation at the presidential palace in Manila, where Indonesian President Joko Widodo was received by his Philippine counterpart Ferdinand Romualdez Marcos. Widodo arrived i.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

NGCP, ECCP sign deal to advance renewable energy development

In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

NEWS BRIEFS | 27 February 2024

Energy exploration in BARMM opened for bidding The Department of Energy has opened four areas in the Bangsamoro Autonomous Region in Muslim Mindanao for exploration, development, and production of indigenous energy sources. Energy Undersecretary Alessandro Sales said coal exploration marked as “PDA-BC-1” covering 14,856 hectares in Kapai and Tagoloan towns in Lanao del Sur is […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Basic Energy, Renova sign MOU for construction of 50MW Mabini Wind Energy Project

I reported last week on Basic Energy and its progress toward signing a memorandum of understanding with Renova Inc. to set the framework for signing an eventual Joint Development and Shareholders Agreement for the construction of the 50MW Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Basic Energy signs MOU for joint development of 50MW Batangas wind project

Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

NU cites intense preparation in masterclass win vs UE

Preparation was the key factor for the National University Lady Bulldogs as they pulled off a lopsided victory over the UE Lady Warriors......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Marcos: Charter change only about economic reforms, ‘nothing more’

Fears of amending political provisions of the 1987 Constitution come against the backdrop of an important historical detail – that charter change under his father's regime decades was a key factor in being in power for 21 years.....»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2024

Rest works to Magnolia’s advantage in avoiding 3-0 pit vs San Miguel

The two-day rest Magnolia had was a “key factor” for the Hotshots, head coach Chito Victolero said, as they scored a breakthrough win in Game 2 of the PBA Commissioner’s Cup Finals against San Miguel on Wednesday......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Lapid bet renewable energy pangontra sa brownout

Maiiwasan ang madalas na brownout sa Western Visayas kung isusulong ang renewable energy sa rehiyon, ayon kay Senador Lito Lapid. The post Lapid bet renewable energy pangontra sa brownout first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

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 ......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

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. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024