MGen Renewable Energy Inc. (MGreen), the renewable energy investment platform of Meralco PowerGen of the Manila Electric Company group, has acquired 50% stake in the 450-megawatt (MWac) Bugallon solar farm project in Pangasinan that was under a service contract held by Singaporean firm Vena Energy....
Giant lender BDO Unibank Inc. has extended P5.6 billion project funding to the 197-megawatt Tuy solar project of Saavedra-led Citicore Renewable Energy Corporation (CREC), a Filipino firm that is calculatedly cementing its stature to become the biggest solar farm developer in the country with its...
FDC Green Energy Corporation, a subsidiary of FDC Utilities, Inc. (FDCUI) of Gotianun-led Filinvest Development Corp., is poised to advance to construction phase its 20.75-megawatt solar farm project following groundbreaking rites at its PHIVIDEC Industrial Estate project site in Misamis Oriental ....
The mammoth Terra Solar project of SP New Energy Corporation (SPNEC) of the Manila Electric Company (Meralco) group which will command aggregate investment of P190 billion has secured ‘green lane certification’ from the Board of Investments (BOI) that will enable it to avail of fast-tracked and...
ZAMBOANGA CITY – Two housing projects under the government's Pambansang Pabahay para sa Pilipino Program (4PH) kicked off here on Saturday, August 10. OFFICIALS sign the agreement for two government housing projects under the Pambansang Pabahay para sa Pilipino Program in Zamboanga City on...
(File photo: Department of Human Settlements and Urban Development) The construction of housing projects under the Pambansang Pabahay Para sa Pilipino (4PH) Program will now be expedited and more affordable, Department of Human Settlements and Urban Development (DHSUD) Sec. Jose Rizalino...
DHSUD Secretary Jerry Acuzar (Ellson Quismorio/ MANILA BULLETIN) A Makabayan lawmaker has slammed Department of Human Settlements and Urban Development (DHSUD) Secretary Jerry Acuzar for the supposed insensitive and anti-poor remarks he made...
With its cash stream boosted by the entry of new capacities from its solar plants, the net income of listed firm Citicore Renewable Energy Corp (CREC) climbed 9.0% to P910 million in 2023 versus P834 million in the prior year. The company’s earnings before interest, taxes, depreciation and...
Stressing that climate change will bring more floods to the country, President Marcos encouraged local government units (LGUs) and ordinary citizens on Wednesday, Aug. 7, to properly maintain their waterways and promote recycling to ensure the efficiency of flood control projects. President...
Anyone can draw a line from plastics to floods. In the recipe of murky urban floodwaters, plastic products are a staple ingredient. Labo or sando bags, bottles, food containers, and sachets—you name it, you can find them bobbing along rushing floodwaters during typhoon season. Suffocating...
Meralco PowerGen Corporation, the power generation investment arm of Manila Electric Company (Meralco), has shortlisted two bidders for the transmission connection that will transport the capacity of its P190 billion Terra Solar project upon reaching commercial operations by 2026. MGen President...
Rather than pushing through with reclamation projects, Senator Cynthia Villar said on Wednesday, July 31, that decongesting Metro Manila is a viable option for development. Senator Cynthia Villar discusses the effects of the reclamation projects in Manila Bay in line with the recent flooding caused...
