Vivant expanding its energy, water project footprints in PH
Vivant Corp. is further expanding its renewable energy (RE) and water business footprints this year having posted a 43 percent surge in net income last year.
SP affiliate secures $14 million loan for 25-MW solar project in Indonesia
Renewable energy developer Solar Philippines, in joint venture with Medco Energi under PT Medcosolar Bali Timur, has obtained a loan from Bank Negara Indonesia (BNI) for the construction of a 25-megawatt (MW) solar farm in East Bali, Indonesia.
Keeping up with RPS requires installing more than 52 MW from RE sources
The Philippines needs to generate at least 52,826 megawatts from renewable energy (RE) sources between now and 2040 just to keep up with the Renewable Portfolio Standard (RPS), the Department of Energy (DOE) said.
Meralco signals lower electricity bills in April
The Manila Electric Co. (Meralco) said the cost of electricity in its franchise area will likely adjust lower in the April billing period ahead of an official announcement.
FDC projects continued growth on lower capex of P25 billion this year
Filinvest Development Corp., the holding firm of the Gotianun group, said it has allotted P25 billion in capital spending this year to drive growth.
