Monday, 25 August 2025, 10:52 pm

    Tag: renewable energy

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    ACEN affiliate eyes $13M Malaysian solar investment

    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.

    Joint venture helping drive clean energy growth in AsPac

    Berde Renewables Inc., a renewable energy company backed by I Squared Capital, has announced a strategic joint venture with Power Systems and Solutions Co....

    CICC, PNOC parter to deploy green energy in disadvantaged areas

    The Cybercrime Investigation and Coordinating Center (CICC) and the Philippine National Oil Co. (PNOC) have signed a memorandum of agreement to explore the use of hybrid solar and wind energy systems for sustainable power in underserved and unserved areas across the Philippines.

    Oriental Peninsula affiliate signs power deal with Marubeni 

    Oriental Peninsula Resources Group Inc., which trades on the stock exchange under the symbol ORE, said Tuesday one of its affiliate, Oriental Energy & Power Generation Corp., has signed an agreement with Japan’s Marubeni Corp. for the development of renewable energy sources in the Philippines. 

    SP New Energy bent on completing stock rights, asset-for-share swap with Solar Philippines

    SP New Energy Corp.,  a listed renewable energy company, is committed to complete its stock rights offering that will raise P2.82 billion in fresh equity to pursue various green energy projects and facilitate its proposed share-for-asset  swap with Solar Philippines Power Project Holdings Inc.  

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    DILG suspends government work, classes amid rains

    The Department of the Interior and Local Government (DILG)...

    Mining groups urge release of detained nickel executive

    Local mining associations are calling for the immediate release of Global Ferronickel Holdings Inc. (FNI) chairman Joseph Sy, who was arrested by the Bureau of Immigration (BI) on 21 August 2025 over alleged misrepresentation of his citizenship.

    DALI operator Hard Discount posts wider losses despite revenue surge

    Hard Discount Philippines Inc. (HDPI), operator of the fast-expanding DALI Everyday Grocery chain, reported a deeper net loss of ₱1.97 billion in 2024, slightly higher than the ₱1.9 billion loss in 2023, despite a strong 52 percent jump in revenues to nearly ₱34 billion.

    Relocations reshape property market

    Corporate relocations, particularly by government agencies, and the decentralization of business operations are reshaping the Philippine real estate landscape, according to property consultant Prime Philippines. The firm noted that pending public sector relocations in Metro Manila could boost office occupancy, while business process outsourcing (BPO) growth continues to spur demand in regional hubs such as Clark, Cebu, Davao, Iloilo, and Bacolod.

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