Spectrum dangles cost-savings with Meralco’s net-metering solution Myrna M. Velasco Spectrum, which is a solar power company under Manila Electric Company (Meralco), is promising savings in the electric bills for those who will be avail of their offer for a net metering solution. Net metering is...
Marikina City started its push towards renewable energy after the city's Finance Building along Shoe Ave. in Barangay Sta. Elena was retrofitted with photovoltaic solar panels in partnership with Spectrum, Manila Electric Company's (Meralco) renewable energy subsidiary on Wednesday, Dec. 1. As part...
Solar Philippines Nueva Ecija Corp. (SPNEC), the developer of what is planned to be the largest solar project in Southeast Asia, has kicked off its P2.7 billion initial public offering (IPO) which will run until Tuesday, Dec. 7. Based on documents filed with the Philippine Stock Exchange, the firm...
Solar Philippines Nueva Ecija Corporation (SPNEC), just like its parent company Solar Philippines Power Project Holdings Inc., is banking not just on its future solar power generation capacity but also on its vast landholdings to attract both stock market investors and potential business partners....
Solar Philippines Nueva Ecija Corp. (SPNEC), the first pure renewable energy firm to go public, has pegged its initial public offering (IPO) price at P1 per share for an offer size of P2.7 billion. In a disclosure to the Philippine Stock Exchange, the firm said the offer period is planned for Dec....
Solar Philippines Tarlac Corporation (Solar Tarlac), a subsidiary of renewable energy firm Solar Philippines, is planning to raise P4.15 billion from the issuance of green bonds. The proposed green bonds has been assigned a high credit rating of PRS Aa plus with a Stable Outlook by the Philippine...
Yuchengco-led PetroEnergy Resources Corporation (PERC) said its nine-month net income increased by 30 percent to P544 million from P417 million in the same period last year. From that scale of profitability, the energy firm’s net income went up by a significant 60 percent to P323 million from the...
Ayala-led AC Energy Corporation (ACEN) has tapped Power Construction Corporation of China Ltd. and its local subsidiary PowerChina Philippines Corporation as engineering, procurement and construction (EPC) contactor for its 283-megawatt solar farm project in San Marcelino, Zambales. The Ayala...
Solar Philippines is preparing an initial public offering (IPO) of the shares of wholly owned subsidiary Solar Philippines Nueva Ecija Corporation (SPNEC) worth up to P1.3 billion. In a statement, the firm said SPNEC is developing a 500 MW solar project in Peñaranda, Nueva Ecija. Solar Philippines...
Solar Learning President and CEO Mr Wilson Tieng A brighter future awaits the Filipino youth and alternative learners as a new foundation has stepped up to make learning via technology more accessible for all. Solar Learning is a new educational foundation that aims to address the challenges in...
NIGHT OWL Anna Mae Lamentillo The latest report of the Intergovernmental Panel on Climate Change (IPCC) tells us that many of the changes that scientists have observed in the climate are unprecedented and worse, some of these changes, like continued sea level rise, are irreversible over hundreds to...
Ayala-led AC Energy Corporation (ACEN) is acquiring for US$243.3 million the equity stake of its partner UPC Renewables Asia Pacific Holdings in their Australian corporate vehicle for renewable energy (RE) projects. In a statement to the media, the Ayala firm said it will acquire the 51.6 percent...
