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Cebu manufacturer generates a third of power requirement from solar

Cebu-based construction chemicals company Treasure Island Industrial Corp. (TIIC) has expanded its rooftop solar facility by 727 kilowatts at its manufacturing plant in Mandaue City in Cebu. The 11,000 square-meter rooftop facility is in partnership with Vivant Energy Corp. subsidiary, Corenergy.

Key PLDT units switching to renewable energy supplied by ACEN

PLDT Inc. on Thursday said 33 of its facilities in Greater Metro Manila are switching to renewable power supplied by ACEN's retail unit, ACEN Renewable Energy Solutions.

URC delivers double digit profit growth

Universal Robina Corp. (URC) sales for the year ended 31 December 2023 reached P158.4 billion, up 6 percent against a high base last year. Both the branded consumer foods (BCF) and the agro-industrial & commodities (AIC) businesses continued their momentum into the fourth quarter, growing sequentially versus the previous quarter.

Countries closing in on digital currencies but US lagging, study shows

A total of 134 countries representing 98 percent of the global economy are now exploring digital versions of their currencies, with over half in advanced development, pilot or launch stages, a closely-followed study on Thursday showed.

Nickel Asia slashes 2024 capex in half

Nickel Asia Corp. (NAC) has budgeted capital expenditure this year significantly lower than in 2023, the bulk of which is earmarked for the purchase of heavy equipment.

Just in

Lawmaker urges urgent shift to E15 fuel blend to cut costs, save sugar industry

A Negros Occidental lawmaker is pushing for an immediate increase in the country’s ethanol-blended fuel from 10 percent (E10) to 15 percent (E15), calling it a “practical and timely” solution to rising fuel prices and the worsening crisis in the sugar sector.

Mead Johnson relocates to Uptown Bonifacio hub

Mead Johnson, a United Kingdom-based nutrition company, is relocating its Philippine headquarters to Uptown Bonifacio in Taguig City, underscoring continued demand for premium office space from multinational firms.

Nickel Asia subsidiary provides P4.44M for Bataan power line expansion

Jobin-SQM Inc. (JSI), part of Nickel Asia Corp.’s clean energy unit Emerging Power Inc. (EPI), has handed over P4.44 million to the Peninsula Electric Cooperative (Penelco) to fund the expansion of power lines in Bataan.

Solar irrigation brings big savings to CamSur farmers

Farmers in Camarines Sur now have a more affordable and reliable way to water their crops after the Department of Agrarian Reform (DAR) turned over P332 million worth of solar-powered irrigation systems.
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