Thursday, 17 July 2025, 3:22 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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    Bright Kindle unit secures SEC nod for capital hike, acquisition

    Bright Kindle Resources & Investments Inc. (BKR), a listed investment holding company, said it secured Securities and Exchange Commission (SEC) approval for two key corporate developments involving its subsidiary, Brightstar Holdings & Development Inc. (BHDI). 

    TP750-M shabu seizure sparks tighter customs oversight

    The Bureau of Customs (BOC) has intercepted P749.63 million worth of methamphetamine hydrochloride, or shabu, at the Manila International Container Port (MICP), a major anti-smuggling breakthrough that may have broader implications for fiscal enforcement and trade monitoring. Acting on credible intelligence, the BOC flagged a 40-foot container falsely declared as balikbayan boxes. Upon inspection, authorities discovered over 110 kilograms of shabu hidden in four boxes.

    GSIS, Dragonpay seal deal expand digital payment access for members

    The Government Service Insurance System (GSIS) has partnered with leading digital payment solutions provider Dragonpay to expand electronic payment options for its members and pensioners, formalized through a memorandum of agreement (MOA) signed on Wednesday.

    8990 Holdings files for voluntary delisting, cites market undervaluation

    Mass housing developer 8990 Holdings Inc. has filed for voluntary delisting from the Philippine Stock Exchange (PSE), citing the market’s failure to fully reflect the company’s intrinsic value. This marks the second delisting on the PSE this year, following Keppel Philippines Holdings Inc.

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