The power supply for Luzon grid during the summer months will be reinforced as the joint venture of Ayala-led ACEN Corporation and Citicore Renewable Energy Corporation already started injecting the capacity of their 72-megawatt Arayat-Mexico solar farm venture in Pampanga province. The project...
Ayala-led AC Energy has been ramping up its offer to qualified customers who will choose renewable energy (RE) technologies in meeting their electricity needs. The company said it is now reinforcing team efforts into enlisting customers under the Green Energy Option Program (GEOP), a policy that...
Solar Philippines Nueva Ecija Corporation (SPNEC) has firmed up plans for its stock rights offering (SRO) worth up to P3.3 billion. In a disclosure to the Philippine Stock Exchange, the firm said it plans to seek regulatory approval for the SRO at an entitlement ratio of one share for every 1.28...
Citicore Renewable Energy Corporation (CREC) is expanding the niche of customers that it has been supplying electricity to – this time in the automotive industry for a franchisee of Toyota Motors in Cebu. CREC, which is the sponsor-firm of publicly listed Citicore Energy REIT Corporation (CREIT),...
Solar Philippines Nueva Ecija Corp. (SPNEC) is accelerating its timetable for the development of four gigawatt (GW) projects from Solar Philippines (SP) so it can undertake its planned stock rights offering (SRO) earlier. In a disclosure to the Philippine Stock Exchange on Thursday, March 17, SPNEC...
Citicore Energy REIT Corp. (CREIT), a pioneering energy firm in real estate investment trust listing, is advancing on its portfolio shoring up with the infusion of Bulacan and South Cotabato properties into its fold. The company indicated that the proceeds it fetched from its recent initial public...
Presidential candidate Bongbong Marcos has been using vlogs to reach as wide an audience as possible ahead of the May 9, 2022 elections. With now over 200 of these vlogs posted on his YouTube channel, a scouring of noteworthy snippets in these videos is in order. (Screenshot from Bongbong Marcos's...
To prop funding for its robust investment pipeline, Ayala-led ACEN Corporation will be tapping P30.5 billion in additional loans. As disclosed to the Philippine Stock Exchange (PSE), the targeted loan procurements approved by the board of directors of ACEN in their regular meeting last March 8 will...
UBON RATCHATHANI, Thailand – A vast array of solar panels floats on the shimmering waters of a reservoir in northeast Thailand, symbolising the kingdom's drive towards clean energy as it seeks carbon neutrality by 2050. In this file aerial photo taken on February 23, 2022, floating solar...
Solar Philippines Nueva Ecija Corporation’s stockholders have approved its increase in authorized capital stock and the P60 billion share swap with parent company Solar Philippines Power Project Holdings Inc. In a disclosure to the Philippine Stock Exchange, the firm said it will raise its...
Spectrum to scale up solar rooftop installations for customers By Myrna M. Velasco Spectrum, a wholly-owned solar power firm of Manila Electric Company (Meralco), will be scaling up on its solar rooftop installations -- primarily for commercial and industrial (C&I) customers, so it can help...
Partido Reporma presidential candidate Senator Panfilo “Ping” Lacson said the government should “take a serious look” at its own resources as an alternative source of fuel as the price of oil continues to shoot up driven by the ongoing Ukraine-Russia conflict. In a press briefing on...
