SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares
The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»
Ombudsman lifts suspension on 72 NFA warehouse supervisors
The Office of the Ombudsman has lifted the suspension of 72 out of 139 officials and employees of the National Food Authority implicated in the alleged anomalous sale of government rice buffer stocks to private traders......»»
MGen completes takeover of SPNEC
MGen Renewable Energy Inc., a subsidiary of Manila Electric Co., has completed its P15.9- billion investment in SP New Energy Corp.......»»
JG Summit RE arm makes milestone in solar rooftop
Merbau Corp., the renewable energy arm of conglomerate JG Summit Holdings Inc., has inaugurated its 13.81-megawatt peak roof-mounted solar power project in Batangas City, which is considered as the biggest consumer-driven rooftop solar installation in the country......»»
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.....»»
SPNEC pumps on inclusion to MSCI Philippines Small Cap Index
SP New Energy gained more than 6% yesterday after news that it will be included in the MSCI Philippines Small Cap Index when it is rebalanced on February 29......»»
Ex-Cordova mayor Sitoy-Cho’s bench warrant lifted due to court error
LAPU-LAPU CITY, Cebu — Former Cordova Mayor Therese Sitoy-Cho clarified that the bench warrant issued by Mandaue City Regional Trial Court (RTC) Branch 55 against her on April 23, 2024, was immediately lifted by Judge Ferdinand Tapado Rafanan the following day. This occurred after the court committed an error during that hearing. According to the.....»»
Schneider Electric switching to solar power
French energy management and automation firm Schneider Electric is transitioning its operations in the Philippines to clean energy with the installation of solar panels in its manufacturing plant in Rosario, Cavite......»»
NTC makes 30-day SMNI suspension indefinite
The National Telecommunications Commission yesterday ordered the indefinite suspension in the operation of the radio and television stations of Sonshine Media Network International, the broadcasting arm of Kingdom of Jesus Christ leader Apollo Quiboloy, after the group failed to comply with an earlier 30-day NTC suspension order......»»
Pampanga’s Laus Group powers buildings with solar energy
The Laus Group of Companies has tapped German-Filipino supplier Philergy to power up two owned buildings in Pampanga using solar energy......»»
RENEWABLE ENERGY | Citicore breaks ground 69-MW solar plant in Silay City
RENEWABLE ENERGY | Citicore breaks ground 69-MW solar plant in Silay City.....»»
Leviste becomes largest shareholder of Roxas and Co
Solar energy trailblazer Leandro Leviste has acquired shares in listed Roxas and Co. Inc., making him its largest individual shareholder with shares equivalent to 7.55 percent of the company......»»
NGCP ‘hopeful’ TRO lifted for vital power line
The National Grid Corp. of the Philippines is optimistic that a court order stalling the completion of a critical power line in Central Luzon will be lifted soon......»»
Boulevard Holdings sells 1.5-B shares to ownership group
Boulevard Holdings advised that its stockholders approved a measure to increase BHI’s authorized capital stock from 17 billion shares to 18.5 billion shares, and to sell the 1.5 billion shares to a company called Puerto Azul Landn Inc., which is also owned and controlled by the Panlilio family......»»
Rama to contest suspension order in Supreme Court, readies legal fight
CEBU CITY, Philippines – Cebu City Mayor Michael Rama stays firm despite being ordered a preventive suspension by the Ombudsman. He now plans to ask for Supreme Court intervention, believing the decision might be politically motivated. Rama questions the fairness of the anti-graft office’s six-month suspension, stating he and seven other City Hall officials weren’t given.....»»
Philta back in ITF rolls
After three years in limbo, the Philippine Tennis Association is back in the good graces of the International Tennis Federation after the world-governing tennis body lifted the latter’s suspension......»»
Mga residente sa US, Mexico handa nang saksihan total solar eclipse
UMAASA ang mga residente sa Amerika, Mexico at bahagi ng Great Lakes region na magiging maaliwalas ang kalangitan para makita nila ang total solar eclipse. The post Mga residente sa US, Mexico handa nang saksihan total solar eclipse first appeared on Abante......»»
Solar eclipse mangyayari ngayong April 8, end of the world na ba?
INAABANGAN sa buong mundo ang “total solar eclipse” na mangyayari ngayong araw, April 8. Ang solar eclipse ay ang pagharang ng buwan sa sinag ng araw na nagsasanhi ng pagdilim kahit may araw pa o tanghaling tapat. “So may time na tumatama mismo ‘yung moon dun sa path na magkatapat ‘yung araw at saka ‘yung.....»»
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......»»
BOI-assisted RE firm to develop floating solar project in Laguna Lake
SunAsia Energy Inc., a firm assisted by the Board of Investments (BOI), will soon develop a floating solar project in Laguna Lake after signing a contract with the Laguna Lake Development Authority (LLDA)......»»
Stonebridge acquires P500 million shares in RCI
Stonebridge Corp. has purchased 250 million shares or approximately nine percent of Roxas and Co. Inc. for P500 million......»»