Tag: renewable energy

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 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.  

The clean energy company said that if found feasible, the project will start construction in 2025 and should be operational before 2030. The project is a large-scale, long duration renewable energy storage facility meant to support several nearby wind and solar assets. 

The Department of Energy (DOE) has signed an agreement with Pilipinas Shell Petroleum Corp. (PSPC) and Shell Energy Philippines, Inc. (SEPH) for the conduct of a pilot electric vehicle (EV) charging station inquiry run by renewable energy (RE) sources such as solar.

Nickel Asia Corp., one of the world’s largest producer of lateritic nickel, said its board has approved additional capital in its renewable energy subsidiary...