Monday, 25 August 2025, 4:37 pm

    Tag: renewable energy

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    Raslag plans P2B capital-raising strategy

    Renewable energy generator Raslag Corp. announced that its board has approved a capital-raising plan aimed at generating up to P2 billion through the private placement of up to 15 million preferred shares.

    Meralco subsidiary launches 52.8 MW solar project in Isabela

    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.

    EPI secures P5.175B loan for Cawag Solar

    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.

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

    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

    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.

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    Tanduay profit soars 91% in 1H25, boosting market and corporate strength

    Tanduay Distillers, Inc. (TDI), the liquor and spirits subsidiary of LT Group, Inc. (LTG), posted a 91 percent surge in net income for the first half of 2025, signaling a significant uplift in its financial and market performance. Net income reached P1.36 billion, nearly double the P712 million recorded in the same period last year.

    APECO offers Itself as gateway to East Asia, US West Coast

    The Aurora Pacific Economic Zone and Freeport Authority (APECO) is positioning itself as a strategic gateway for Indonesian exporters to reach Northeast Asia and the U.S. West Coast, highlighting its location in Casiguran, Aurora as the Philippines’ closest direct access point to the Pacific.

    NLEX Corp. reports ₱7.3B 1H profit, up 31%

    NLEX Corp. posted a 31 percent increase in net income to ₱7.3 billion in the first half of 2025, up from ₱5.5 billion a year ago, reflecting stronger operational and financial performance driven by higher vehicular traffic and toll rate hikes.

    Converge seeks fair rules under Konektadong Pinoy Law

    Converge ICT Solutions Inc. is calling on the government to establish clear and enforceable rules to ensure fair competition among telecommunications companies following the enactment of the Konektadong Pinoy bill, which recently lapsed into law.

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