Tag: renewable energy

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Nickel Asia rides price shifts, expands beyond nickel

Nickel Asia Corp. reported lower first-quarter earnings as weaker shipment volumes and global volatility weighed on results. The listed mining company, however, struck a confident tone on improving nickel fundamentals and its diversification.

ACEN helps fund major Zambales solar farm expansion

ACEN, the listed renewable energy arm of the Ayala Group and one of the fastest-growing renewable energy platforms in Asia-Pacific, has extended up to P4 billion in short-term financing to wholly owned subsidiary Sanmar Solar Inc. to support the expansion of a large-scale solar facility in Zambales.

Ayala Malls nears full renewable energy transition

Ayala Malls is accelerating its shift to clean energy, with renewable sources now powering nearly its entire portfolio as the company deepens sustainability efforts while managing costs and growth.

FDC Green solar project cleared for operations

DC Green Energy Corp. (FDC Green), a wholly owned subsidiary of Filinvest Group’s utility arm FDC Utilities, Inc. (FDCUI), has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) for its 20.774-megawatt peak (MWp) ground-mounted solar facility at the PHIVIDEC Industrial Estate, signaling readiness to supply power to the grid.

Alternergy secures green share approval amid expansion push

Alternergy Holdings Corp., a listed renewable energy firm, has secured unanimous shareholder approval to raise fresh capital through a planned issuance of green perpetual preferred shares, positioning the company for its next phase of expansion as energy security concerns intensify.

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Petro Energy gets PCC nod to acquire Aklan wind project

Petro Energy Resources Corp. (PERC), led by the Yuchengco group, has secured clearance from the Philippine Competition Commission (PCC) to take full ownership of the Nabas wind power project in Aklan.

DA restricts frozen fish imports to closed season to protect local market and safeguard prices 

The Department of Agriculture (DA) has clarified that a plan to allow up to 250,000 metric tons of imported frozen fish will only take effect during the country’s closed fishing season, which typically runs from November to January depending on the region. Agriculture Secretary Francisco Tiu Laurel Jr. emphasized that this condition is vital to prevent imported stock from driving down prices for local fishers while ensuring market stability during off-peak harvesting periods and potential supply shocks from El Niño.

US unveils $2.5B ASEAN investment amid security push 

The US is tying regional security to economic resilience in Southeast Asia, using the ASEAN Post-Ministerial Conference in Manila to reaffirm its Indo-Pacific commitment while linking Middle East stability to the protection of global trade routes.

Oman forum targets new trade, investment ties

The Philippines and Oman are looking to transform decades of labor cooperation into a broader economic partnership as both countries pursue stronger trade, investment and business links.

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