Tag: renewable energy

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Holcim, Peak Energy power cement’s solar shift

Holcim Philippines Inc. is accelerating its move toward cleaner manufacturing through a strategic partnership with regional renewable energy platform Peak Energy, aimed at advancing decarbonization across its cement operations. 

Green lane speeds trillions, powers renewables

The government’s Green Lane program has cleared a massive P6.11 trillion worth of investments to date, with renewable energy (RE) projects dominating the fast-tracked pipeline, according to the One-Stop Action Center for Strategic Investments (OSACSI).

Meralco opens bidding for green power drive

The Manila Electric Co., the country largest power distributor better known as Meralco, has launched a Competitive Selection Process (CSP) to secure 200 megaWatts of baseload renewable energy capacity, strengthening compliance with its Renewable Portfolio Standards obligations and signaling fresh momentum for green power procurement.

Raslag seeks to raise P1.2B via preferred share offering

Renewable energy firm Raslag Corp. is set to raise up to P1.2 billion through the sale of preferred shares via a private placement, as it accelerates the development of its solar energy portfolio.

Winds of Change: First turbines for Alternergy’s Tanay wind farm arrive

A fresh surge of momentum has swept into the Tanay Wind Power Project, the flagship green energy initiative of listed power firm Alternergy Holdings Corp.

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Makro secures four Ayala Land sites for expansion

Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.

Sugar imports only a market tool, not policy — DA chief

Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.

R&I affirms Philippines A- rating, stable outlook

Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating with a stable outlook, citing resilient economic fundamentals, improving fiscal conditions, and manageable external risks.

Ex-Transporation chief elected to San Miguel board 

San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.

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