South Korea will provide 38 trillion won (USD29 billion) in financing to strengthen its battery industry over the next five years, as global competition to secure battery supply chains remains fierce, the government said on Wednesday.
ACEN Corp. has adopted a comprehensive plan reinforcing its commitment to phase out a 246-megawatt coal-fired power plant in Batangas with clean energy.
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Alternergy Holdings Corp. successfully pursued wind projects sold by the Department of Energy (DOE) under the second iteration of its green energy auction or GEA.
SP New Energy Corp. said Tuesday it bought out Prime Infrastructure Inc. of billionaire Enrique Razon Jr. from its renewable energy joint venture, Terra Solar Philippines Inc.