By YVETTE TAN According to an August 2023 survey by Social Weather Stations, about 10.4 percent of Filipino families have experienced involuntary hunger at least once in the past three months. This means that the family has been hungry but did not have anything to eat. Hunger isn’t the only...
The consolidated net income of Yuchengco-led PetroEnergy Resources Corporation’s (PERC) had climbed 29% to P874 million as of end-September this year as against a leaner P677 million within a comparative period in 2022. For the third quarter alone, the company posted a profit of P282.696 million,...
By BENJAMIN SARONDO It was Rosel Buban's dream to establish a zoo that shelters farm animals and grows fruit-bearing trees, but some things are not meant to happen even if they are perfectly envisioned. But quitting was never an option for Buban; instead, she redirected her steps toward what she...
The financial future of Filipino-led Alternergy Holdings Corporation is treading through favorable prospects as it logged net income upturn to P96.98 million in the initial quarter of fiscal year 2024 versus P1.66 million in the same period last year. In a disclosure to the Philippine Stock...
The equity sell-down on its Salak and Darajat geothermal power assets in Indonesia had propelled profitability upturn for Ayala-led ACEN Corporation in the first three quarters to P6.6 billion, higher by 59-percent from P4.1 billion in a comparative period last year. In terms of core operating...
Altenergy Tanay Wind Corp. (ATWC) has forged a revenue-sharing agreement with the provincial government of Rizal for a wind power project. In a disclosure to the Philippine Stock Exchange on Tuesday, Oct. 10, ATWC, a subsidiary of Alternergy Holdings Corp., announced the signing of a lease contract...
MGen Renewable Energy Inc. (MGreen), the renewable energy investment arm of Manila Electric Company (Meralco) ,will be queueing up to P200 billion worth of investments for the gigantic 3,500-megawatt solar farm development that shall be integrated with 4,000-megawatt hours (MWh) of energy storage...
By BENJAMIN SARONDO After quitting his job as hotel steward on a cruise ship in 2016, Rouen Dolot, 31, from Barangay Cantariwis, Tolosa, Leyte, pursued his passion for farming. Dolot is also known as The Backyard Farmer. He started his vegetable farm on borrowed land from the brother of a family...
By Vic Thor Palarca The buzz among local beekeepers and Asian Apiculture Association (AAA) member Reynaldo Gil “Datu Makadingding” Lomarda is that stingless bees, commonly known as “kiyot” indirectly promotes organic farming. Stingless bee honey or ‘kiyot’ honey is known for its...
Renewable power pioneer and publicly listed Alternergy Holdings Corp. said it will develop a wind farm on the island of Alabat, Quezon. In a statement, Alternergy said the Provincial Development Council (PDC) of Quezon Province approved the construction of Alabat Wind Power, a renewable project....
SEOUL – European firm Tractebel Engineering is offering latest innovation on floating substations as technology solution for gigawatt-scale offshore wind farm projects currently being advanced in various energy markets in the Asian region. At the ongoing 2nd Korea Offshore Wind and Hydrogen...
Yindjibarndi Energy Corporation (YEC), a subsidiary of Ayala-led ACEN Corporation has inked a preliminary deal with London-headquartered Rio Tinto for development collaboration on the latter’s targeted energy usage shift to renewable energy in its Australian mining operations. In a press...
