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Sunday, 17 August 2025, 11:16 am

    Energy

    DMCI unit to build wind power plant in Semirara Island

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    DMCI Holdings Inc. said Monday that its off-grid power generation unit DMCI Power Corp. is set to build a wind power plant in Semirara,...

    Offshore wind energy developer eyes 7.6GW projects

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    Global offshore wind energy developer, BlueFloat Energy, is eyeing to build as much as 7.6 gigawatts (GW) worth of projects in the Philippines. The company...

    Vivant buying out its partner in off-grid power firms

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    Vivant Corp. subsidiary Vivant Energy is acquiring the shares of partner Gigawatt Power Inc. in companies they own in off-grid areas. The acquisition widens Vivant...

    Alternergy starts commercial operations of its first overseas RE project

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    Renewable energy firm Alternergy Holdings Corp. has started commercial operations of its solar and battery energy storage system in Palau. The 15.3 megawatt (MW) solar...

    ACEN secures government nod to boost Australian battery project capacity to 2,800 MWh

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    ACEN Corp. subsidiary ACEN Australia has secured the New South Wales (NSW) government's approval to increase the size of its New England solar battery...
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    Context.ph

    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Corporate

    Abacore Capital reports 15% profit surge in 2024

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    Abacore Capital Holdings Inc. (PSE: ABA) reported a strong financial performance for 2024, with net income rising to ₱3.293 billion, up ₱429 million or nearly 15 percent from ₱2.864 billion in 2023. The company attributed this growth to a 35 percent increase in other income (₱3.458 billion), a reduction in administrative expenses to ₱155 million, and dividend income reaching ₱7.3 million.
    Banking & Insurance

    BSP unveils art exhibit on culture and capital

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    The Bangko Sentral ng Pilipinas (BSP), in collaboration with the National Museum of the Philippines (NMP), has launched “Kultura. Kapital. Kasalukuyan. Contemporary Art from the BSP Collection”, at the National Museum of Fine Arts in Manila.
    Corporate Bulletins

    Public-private pact powers Bacolod Rum Festival

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    The City Government of Bacolod and Tanduay Distillers Inc. have renewed their strategic partnership for the 5th Tanduay Bacolod Rum Festival, scheduled from 28 to 31 August, in alignment with the global observance of Rum Month.
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