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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).....»»
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 […].....»»
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......»»
SMC scraps plans to build P100 billion Pasig River tollway
Diversified conglomerate San Miguel Corp. will no longer pursue its plan to build a toll road on the Pasig River, succumbing to pressure from opposition groups......»»
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......»»
150 MW solar power plant tukuron sa Daanbantayan
150 MW solar power plant tukuron sa Daanbantayan.....»»
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......»»
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......»»
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......»»
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......»»
Lotto results for February 19, 2024
EZ2/LVM - 3 1 SUERTRES - 2 5 6 4D LOTTO - 3 4 6 0 6/45 Mega Lotto - 18 36 11 19 5 4 P53,341,620.00 Grand Lotto -27 55 48 54 31 3 P67,274,931.00.....»»
SMC’s F& B unit nets record P38 billion in 2023
The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»
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......»»
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......»»
SMC OK to add MPTC Indonesia in joint venture
Diversified conglomerate San Miguel Corp. (SMC) is open to including the Indonesian segment of Metro Pacific Tollways Corp. (MPTC) in the planned merger of the toll road operators......»»
SMC starts works on Pangasinan tollway
Food-to-infrastructure conglomerate San Miguel Corp. (SMC) has started the civil works for the Pangasinan Link Expressway (PLEX), laying the bedrock for a P34-billion project that would improve travel and tourism in Northern Luzon......»»
Green groups to SMC: Stop gas projects after PAREX scrapped
Facing concerns over potential environmental damage and impact on heritage sites and communities, SMC CEO and President Ramon Ang said on Monday that the conglomerate is abandoning plans for the toll road project......»»
SMC to start Bulacan airport development in 2025
Diversified conglomerate San Miguel Corp. (SMC) targets to start airport development works at its P740-billion international gateway project in Bulacan next year......»»
BDO readies SMC financial war chest for NAIA
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»
SMC launches PHL’s first complete biodiversity offset Site in Bulacan
San Miguel Aerocity, Inc. (SMAI), a subsidiary of San Miguel Corporation (SMC), has inaugurated its Saribuhay sa Dampalit project in Barangay Pamarawan, Malolos, Bulacan. This pioneering initiative marks the launch of the Philippines’ first Biodiversity Offset Program (BOP) — part of the company’s nature-based solutions to building its New Manila International Airport project (NMAI) in ….....»»