ACEN Corp., the renewable energy arm of the Ayala Group, has partnered with UPC Renewables for the construction of two green energy projects in India: a 420-megaWatt solar farm in Rajasthan and a 120 MW wind farm in Karnataka.
Alabat Wind Power Corp., a unit of listed renewable energy innovator Alternergy Holdings Corp., received the first two units of the largest wind turbines to be installed in the Philippines.
The Cybercrime Investigation and Coordinating Center (CICC) and the Philippine National Oil Co. (PNOC) have signed a memorandum of agreement to explore the use of hybrid solar and wind energy systems for sustainable power in underserved and unserved areas across the Philippines.
SP New Energy Corp., a listed renewable energy company, is committed to complete its stock rights offering that will raise P2.82 billion in fresh equity to pursue various green energy projects and facilitate its proposed share-for-asset swap with Solar Philippines Power Project Holdings Inc.
Philippine auto parts manufacturers are warning that the veto of funding for the Comprehensive Automotive Resurgence Strategy (CARS) could accelerate the decline of the country’s already fragile automotive manufacturing sector.
The Sugar Regulatory Administration (SRA) has issued an order requiring buyers to first purchase locally produced molasses before they are allowed to import supplies.