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    Tag: renewable energy

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    Aboitiz Power’s net income surges amid growth in generation capacity

    Corporate Context.ph Context.ph -
    Aboitiz Power Corp., the energy company of the Aboitiz Group, saw a 2 percent increase in net income in 2024, rising to P33.9 billion...

    Berde Renewables helping Thailand boost its clean energy program

    Energy Context.ph Context.ph -
    Berde Renewables Inc., a local renewable energy developer, has formed a strategic joint venture with Thai engineering, procurement, and construction (EPC) contractor, Power Systems and Solutions Co. Ltd. (PSS), aimed at accelerating Thailand’s clean energy transition.

    ACEN affiliate eyes $13M Malaysian solar investment

    Energy Context.ph Context.ph -
    ACEN Corp. said Wednesday that affiliated joint venture IBV ACEN Renewables Asia Pte. Ltd. is nearing completion of its investment assessment for solar projects in Malaysia, valued at $13 million. This development signals the company's expansion into new markets and strengthens its commitment to renewable energy.

    Joint venture helping drive clean energy growth in AsPac

    Corporate Bulletins Context.ph Context.ph -
    Berde Renewables Inc., a renewable energy company backed by I Squared Capital, has announced a strategic joint venture with Power Systems and Solutions Co....

    CICC, PNOC parter to deploy green energy in disadvantaged areas

    Energy Context.ph Context.ph -
    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.
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    Meralco rejects DOE claim vs its delayed power supply deal

    Energy 0
    The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”

    Metro Retail’s 2024 profit dips despite sales growth, expansion push

    Corporate 0
    Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.

    DoubleDragon acquiring control of MerryMart in P1.28-B deal

    Corporate 0
    DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.

    SEC-SM tandem launches videos vs scams

    Social Responsibility & Sustainability 0
    The Securities and Exchange Commission (SEC), in partnership with BDO Foundation, has unveiled new investor protection materials aimed at safeguarding the public from financial investment scams.

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    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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    Energy

    Meralco rejects DOE claim vs its delayed power supply deal

    0
    The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”
    Corporate

    Metro Retail’s 2024 profit dips despite sales growth, expansion push

    0
    Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.
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