Energy
USD80M financing strengthens solar and battery storage projects in Southeast Asia
Pentagreen Capital and British International Investment (BII) have teamed up in a joint USD80 million financing initiative aimed at accelerating the rollout of utility-scale solar and battery storage projects across Southeast Asia, with a focus on the Philippines.
MPower renews supply deal with Araneta Group
Meralco retail electricity supply arm MPower has renewed its power supply agreement with the Araneta Group, marking the continuation of an 11-year partnership with ACI Inc.
Alternergy wins new wind project in Albay
Renewable power pioneer Alternergy Holdings Corp., through its wind subsidiary Alternergy Wind Holdings Corp. (AWHC), has won an onshore wind power contract in Albay that further cements its position as a leader in the Philippine renewable energy sector.
Basic Energy secures approval for 43-MW solar project
Basic Energy Corp. has secured a certificate of authority from the Department of Energy (DOE) for the 43 MW Cadiz 1 solar power project in Negros Occidental, marking a significant step in its renewable energy expansion.
PSALM kicks off bidding process for CBK hydro plants
The Power Sector Assets and Liabilities Management Corp. (PSALM) held a pre-proposal conference on Tuesday for the upcoming sale of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants, marking a significant step in the ongoing privatization of state-owned energy assets.
