The board of directors of listed Filipino firm Basic Energy Corporation had given go-signal for budget allocation that will enable the company to deploy additional equipment to fully hat could comprehensively gauge the electricity generation potential of its targeted 50-megawatt wind power...
Listed firm Basic Energy Corporation (BSC) is scaling up its deployment of electric buses (e-buses) for a rollout target of 3,000 fleet in the near to medium-term for its “green energy e-transport” project. The company said it will start with the deployment of at least 60 e-buses that shall be...
Listed firm Basic Energy Corporation (BEC) will jumpstart the development of its proposed 50-megawatt wind farm project in Mabini, Batangas following its board’s approval of initial budget allocation of P31 million for the venture. “The wind resource assessment (WRA) for the Mabini wind power...
Basic Renewables Inc. (BRI), a subsidiary of publicly listed Basic Energy Corp. (BEC), will invest more in the renewable energy (RE) sector to increase the generated capacity of RE facilities to support the growth and deployment of electric vehicles (EVs) in the country. The De Venecia-led Basic...
The board of directors of listed firm Basic Energy Corporation has approved the proposed acquisition of up to 60-percent stake in the Villavicencio-led Filoil Energy Company Inc. Filoil is one of the independent players in the deregulated downstream oil sector. It previously entered into a tie-up...
Listed firm Basic Energy Corporation has formally secured wind energy service contract (WESC) from the Department of Energy (DOE) for its planned 50-megawatt wind farm installation in Mabini, Batangas. The company, which is chaired by businessman Oscar C. De Venecia, disclosed to the Philippine...
