Meralco PowerGen Corp. renewable energy arm, MGEN Renewable Energy Inc. (MGreen), has successfully launched a 52.8-megawatt (MW) MGreen Cordon Solar power plant in Cordon, Isabela. This marks MGreen as one of the largest operational solar plants in the Cagayan Valley region under the Department of Energy's (DOE) second Green Energy Auction program.
Emerging Power Inc. (EPI), the renewable energy arm of Nickel Asia Corporation (NAC), has secured a P5.175-billion senior term loan facility from Rizal Commercial Banking Corporation (RCBC) to fund the construction of its 145-megawatt peak (MWp) Cawag solar power project in Subic, Zambales.
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 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.
The Philippine Communications and Telecommunications Operators (PCTO) has called on President Ferdinand Marcos Jr. to exercise caution before signing the proposed “Konektadong Pinoy Bill” into law, warning that the measure in its current form could undermine the very goals it seeks to achieve.
New NAIA Infrastructure Corp. (NNIC), the private operator of Ninoy Aquino International Airport, has swiftly rolled out stricter transport and passenger protection measures following a viral incident involving an unauthorized taxi grossly overcharging a traveler for an inter-terminal ride.
PrimeWater San Jose del Monte (SJDM), in partnership with the San Jose del Monte Water District, is set to complete a major transmission line extension project in Bulacan by the end of June, marking a significant milestone in the city's water infrastructure development.
The recent escalation of conflict in the Middle East, following U.S. military involvement in Israel-Iran tensions, is expected to add upward pressure on global oil prices due to rising insurance and freight costs, according to Jetti Petroleum Inc. president Leo Bellas.