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Vivant FY23 profit: P2.3-B (up 43%)
Vivant Corporation [VVT 14.32 unch; 0% avgVol] [link] teased an FY23 net income of P2.3 billion, up 43%, boosted by the recognition of P366 million in a one-time, non-core “management and technical contract”......»»
DENR mobilizing $278 million foreign-funded projects
The Department of Environment and Natural Resources is mobilizing over $278 million worth of foreign-funded projects this year for biodiversity, climate change and environment programs to strengthen environmental resiliency and sustainability in local government units......»»
UGEP targets up to 700 MW of solar projects by 2028
Solar energy solutions provider Upgrade Energy Philippines is embarking on an aggressive target of installing up to 700 megawatts of solar projects by 2028......»»
SPNEC seeks funding boost for world’s biggest solar farm
Manuel V. Pangilinan-led SP New Energy Corp. is looking to bring in partners, particularly foreign investors, to help finance the development of the P200-billion Terra Solar development in Nueva Ecija and Bulacan, which will become the world’s largest solar project once completed......»»
Solar Philippines, Indonesian partner secure $14 million loan for solar farm
Solar Philippines and its Indonesian partner have secured a $14-million bank loan for the development of a 25-megawatt solar farm in Kubu District, Karangasem Regency, East Bali......»»
Solar Philippines, Indonesian partner secure $14 million loan for solar farm
Solar Philippines and its Indonesian partner have secured a $14-million bank loan for the development of a 25-megawatt solar farm in Kubu District, Karangasem Regency, East Bali......»»
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).....»»
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).....»»
Cebu City: DEPW completes 7 projects worth P26.5M, 27 more to follow
CEBU CITY, Philippines – The Department of Engineering and Public Works (DEPW) in Cebu City has already completed the implementation of seven projects amounting to P26.5 million, while 27 more are already in the pipeline. Engineer Niva Bayucot, acting head of DEPW, said that the seven projects were funded from the Local Development Fund (LDF)......»»
NGCP issues yellow, red alerts for Luzon grid; Visayas grid on yellow alert
For the fourth consecutive day, the Luzon and Visayas power grids are set to encounter red and yellow alerts on Friday, according to the National Grid Corp. of the Philippines......»»
Philippine Grid Code strictly followed, NGCP insists
The National Grid Corp. of the Philippines maintained that it “simply followed” the protocols set by the Energy Regulatory Commission in responding to the multiple plant shutdowns in Panay on Jan. 2 that led to a widespread blackout in Western Visayas......»»
Batanes seaport to be funded by US
A plan is underway to construct a United States-funded civilian port in Batanes, chosen for its strategic significance and proximity to Taiwan......»»
Mindanao grid placed on yellow alert
The Mindanao power grid was placed on yellow alert yesterday alongside the Luzon and Visayas grids due to outages of several power plants......»»
Yellow alert for Luzon grid from 6 to 10 p.m. — NGCP
The National Grid Corp. of the Philippines has issued a yellow alert for the Luzon grid from 6 to 10 p.m. due to limited power supply......»»
Alerts raised on Visayas, Luzon grids due to power woes
MANILA, Philippines — The Visayas grid was placed on yellow alert while the Luzon grid on red alert by the National Grid Corp. of the Philippines (NGCP) on Tuesday, April 16. This was after 42 power plants either stopped supplying electricity or reduced their output. When power supply is insufficient to meet consumer demand then.....»»
New NGCP grid brings relief to Panay, Negros Island consumers
New NGCP grid brings relief to Panay, Negros Island consumers.....»»
DOE official: Grid system in Panay Island stable
DOE official: Grid system in Panay Island stable.....»»
Infrastructure projects get better loan terms from Japan
The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»
SPNEC to finish P200 billion solar project by 2027
SP New Energy Corp. is eyeing to fully complete the world’s largest solar project by 2027......»»
SPNEC confirms 2026 as the completion target for Phase 1 of Terra Solar Project
SP New Energy confirmed, in response to a PSE query, that it plans to complete the 3.5 GW Terra Solar Project in two phases......»»