Singapore-headquartered Nexif Ratch Energy Investments Pte. Ltd. (NREI) has secured "green lane" certification from the Board of Investments (BOI) that will streamline the permitting processes for its wind and solar projects in the Philippines. According to the company, the green lane endorsement...
K-pop girl group Mamamoo’s Solar impressed Filipino fans as she held her solo concert in Manila. Her "Solar 2nd Concert [COLOURS] in Manila" was held June 16 at The Theatre at Solaire Resort. Besides surprising fans with her two performances of Pinoy pop group BINI’s...
K-pop girl group Mamamoo’s leader Solar surprised Filipino fans by performing P-pop group BINI’s “Pantropiko” not once but twice at her concert in Manila. She held her "Solar 2nd Concert [COLOURS] in Manila" on June 16 at The Theatre at Solaire Resort. Mamamoo's Solar performing...
Speaker Martin Romualdez (center) leads the distribution of 17 solar pumps to farmers in Isabela. The turnover rites was held Monday morning at Barangay Cabaruan in Quirino town. (Speaker's Office) House Speaker Martin Romualdez--also...
President Marcos said that the Cabaruan Solar-Powered Pump Irrigation Project (SPIP) in Isabela is only one of the first undertakings in the government's list of projects that aim to boost the country's agriculture sector. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said...
Solar Philippines founder Leandro Legarda Leviste has increased his stake in ABS-CBN Corporation to 10 percent—almost enough to entitle him a seat in the multi-media firm’s board of directors. In a disclosure to the Philippine Stock Exchange (PSE), ABS-CBN said Leviste’s LL Holdings Inc....
BACOLOD CITY – Barangay Canlusong, the farthest village in E.B. Magalona, Negros Occidental, was the recipient of a P1.2-million solar-powered streetlight project. A total of 53 solar-powered streetlights were put up to enhance the safety of the residents at night from the barangay proper to...
The renewable energy arm of Meralco PowerGen Corp. (MGen) secured the necessary budget for its solar projects in Isabela and Nueva Ecija. The subsidiary units of MGen Renewable Energy, Inc (MGreen), such as Greenergy for Global Inc. (GGI) obtained a P2.034 billion loan with a 15-year term facility...
SP New Energy Corporation (SPNEC), a member of the Meralco Group of companies, has turned profitable in the first quarter of 2024 with a net income of P156 million and an attributable net income of P47.5 million from a loss of P24.57 million in the same period last year. Based on its disclosure to...
Because of a newly energized battery energy storage system (BESS), renewable power firm Alternergy Holdings Corp. was able to beef up its financial revenues for the fiscal year 2024. Alternergy’s revenues as of March 2024 were boosted by 44 percent to P182.5 billion due to the Palau Solar BESS...
A subsidiary of Yuchengco-led PetroGreen Energy Corporation (PGEC) has inked a 10-year power supply agreement (PSA) with SN Aboitiz Power Group (SNAP) for the supply of 15.6 megawatts (MWac) from the former’s solar facility in Nueva Ecija. The corporate entity of the Yuchengco group which...
Generation output boosted by the commercial operations of new solar and wind farms had prompted 27% rise in the net income of Ayala-led ACEN Corporation in the first quarter to P2.7 billion versus P2.0 billion in the same period last year. That escalation in profitability, the company emphasized,...