Tuesday, 15 July 2025, 3:43 am

    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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    Dagohoy solar plant begins commercial operations in Bohol

    PetroEnergy Resources Corp. (PERC) announced that its 27.121 MW Dagohoy solar power plant in Bohol has officially commenced commercial operations as of Wednesday, 16 July 2025.

    Thousands of hectares hit by sugar pest as crisis deepens

    The red-striped soft scale insect (RSSI) infestation in the Visayas has sharply worsened, now affecting 2,923.13 hectares and impacting 1,574 farmers as of 9 July, according to the Sugar Regulatory Administration (SRA).

    SEC enforces strict timelines with “deemed approved” policy

    The Securities and Exchange Commission (SEC) has rolled out new guidelines enforcing its “deemed approved” policy, setting mandatory processing timelines for most applications submitted by entities under its supervision.

    Fuel prices surge after Red Sea attacks

    Motorists will face higher fuel costs starting today, Monday, as oil companies roll out significant price hikes at the pumps following renewed terror attacks in the Red Sea and signs of firm global petroleum demand.

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