The board of directors of renewable energy pioneer Alternergy Holdings Corporation has given go-signal on the reallocation of substantial portion of its initial public offering (IPO) proceeds to bankroll the construction of its two major wind power projects. With that decision, the company conveyed...
The Department of Energy (DOE) has cornered at least 13 offers for renewable energy (RE) projects across hydro, geothermal and wind energy technologies that had been auctioned via the 4th Open and Competitive Selection Process (OCSP4) carried out by the agency. The energy department conveyed that...
Publicly-listed firm Alternergy Holdings Corporation has tapped three investment banks to raise P12 billion worth of loans to bankroll the company’s wind power projects to be sited in Rizal and Quezon provinces. For the targeted fund raising activity, the pioneer renewable energy company had...
President Marcos has ordered the Department of Agriculture to prioritize farm-to-market road (FMR) projects based on utility and development aspects. President Ferdinand Marcos Jr. leads a sectoral meeting in Malacañan on Sept. 26, 2023, to discuss updates on the government's agriculture...
President Marcos said that the latest developments in the agriculture sector are meant to promote the welfare of Filipino farmers. President Ferdinand ‘Bongbong’ Marcos Jr. (Bongbong Marcos/Facebook) Marcos said this following a sectoral meeting in Malacañan on Tuesday, Sept. 26. "To...
PetroSolar Corporation (PSC), which is a subsidiary of Yuchengco-led PetroGreen Energy Corporation (PGEC), has cemented a power supply agreement (PSA) with Shell Energy Philippines Inc. for a capacity delivery that shall be drawn from the former’s 20-megawatt Tarlac-2 solar farm that is sited at...
BACOLOD CITY – Property worth P3.5 million was lost in a poultry farm fire in Sitio Balogo, Barangay Concepcion, Talisay City, Negros Occidental on Thursday, September 14. A POULTRY farm was destroyed by a fire in Barangay Concepcion, Talisay City, Negros Occidental on Thursday, September...
By ANTONIO G. PAPA, Ph.D. A haven, a sanctuary, a paradise, and a magical rendezvous with gorgeous blooms–that is the EMV Flower Farm, located in the rustic midlands of the province of Cavite, particularly in the town of Indang. Indang is a first class municipality situated in the central part of...
Ayala-led ACEN Corporation has committed tripling of investments in the Australian energy market to AU$6 billion until 2026; and that primarily gained recognition from visiting Australian Prime Minister Anthony Albanese. The Australian leader’s acknowledgment of the core ventures of the Ayala...
BACOLOD CITY – Mayor Salvador Escalante Jr. is optimistic that the proposed 100-megawatt (MW) floating solar farm in Cadiz City, Negros Occidental will further cement the city as the renewable energy (RE) capital of the province. AMHI President Ramon Montelibano and ZRC President Jabez Alvarez...
ILOILO CITY – A power plant in northern Iloilo province has started construction of a 5.1-megawatt (MW) solar farm. THE construction of a solar farm at Palm Concepcion Power Corp. (PCPC) is underway in Concepcion town, Iloilo province. (Jonathan Cabrera) The commencement of the...
The power generation subsidiary of Manila Electric Company (Meralco) will ramp up its renewable energy (RE) capacity installations to 2,000 megawatts (2.0 gigawatts) backed by P18 billion in committed investments. “The investment will cover over 2GW of gross RE capacity from solar and wind that...
