Citicore Renewable Energy Corp., a pure-play renewable energy producer ranked as second largest solar energy generator, has filed its P12.94 billion initial public offer at the Philippine Stock Exchange.
Local conglomerate Filinvest and global low-carbon energy services provider ENGIE, will pursue projects worth a total of 13.68 megawatts (MW) of solar energy and 11,400 refrigeration tons (RT) of sustainable cooling capacity.
The National Grid Corporation of the Philippines (NGCP) said that precautions have been taken and measures in place to minimize the impact of tropical depression (TD) Kabayan on its transmission operations and facilities.
Britain's national grid has started removing components supplied by a unit of China-backed Nari Technology's from the electricity transmission network over cyber security fears, the Financial Times reported on Sunday.
Renewable energy developer SN Aboitiz Power Group (SNAP) looks to add 10 megawatts up to 60 megawatts more to an existing solar portfolio but is unsure where to deploy it until events turn definite hopefully early next year.