Nickel Asia Corp. (NAC) is expanding its renewable power footprint with plans to build an additional 374 megawatt-peaks of solar projects, following its unit rebranding aimed at broadening the mining company’s push into clean energy. In a statement on Friday, Aug. 7, NAC announced that the listed...
Saudi Arabia’s ACWA Power Philippines and Emerging Power Inc. (EPI) have signed an agreement to jointly explore and develop up to 5,000 megawatts (MW) of renewable energy (RE) and gas-fired generation capacity across the country. In a statement on Thursday, June 4, the companies said the...
Greenlight Holdings Inc. secured a ₱9.36 billion senior term loan facility to fund the ongoing construction of its 240-megawatt-peak San Isidro Leyte Solar Power Project. In a statement, Greenlight said t he joint-venture developer obtained the project finance package from China Banking Corp....
Emerging Power Inc. (EPI), the renewable energy unit of Nickel Asia Corp., is accelerating the development of solar projects in Leyte and Zambales amid volatility in global fuel markets, driving the push for indigenous energy sources. Joseph Fernandez, EPI president and chief executive officer,...
With its earnings surging from high metal prices, natural resources development company Nickel Asia Corp. (NAC) is now diversifying its renewable energy (RE) portfolio into geothermal power while also looking for investment opportunities overseas. In a disclosure to the Philippine Stock Exchange...
The Department of Energy (DOE) has terminated the service contract for the Montelago geothermal power project, scuttling the planned facility after citing the developer’s failure to meet certain targets. In a disclosure to the Philippine Stock Exchange on Wednesday, Oct. 15, Nickel Asia Corp....
When Nickel Asia Corp. (NAC) President Martin Antonio “Dennis” Zamora suggested a visit to TBEA, a solar energy company in China, I knew it would be an interesting learning trip. In early August, the NAC Board and executives flew to Beijing for committee meetings at the Shangri-La. The next...
Zamora-led mining firm Nickel Asia Corp. (NAC) reported a 148 percent increase in its attributable net income to ₱501.03 million in the first quarter of 2025, from ₱202.38 million in the previous year, driven by the sale of its minority stake in a nickel processing operator in Palawan. In a...
