Tag: renewable energy

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Alternergy takes delivery of largest wind turbines in Philippines

Alabat Wind Power Corp., a unit of listed renewable energy innovator Alternergy Holdings Corp., received the first two units of the largest wind turbines to be installed in the Philippines.

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...

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DTI seeks P5 billion boost for MSMEs

The Department of Trade and Industry (DTI) is seeking an additional P5 billion for the Small Business Corp. (SB Corp.) next year as surging demand for financing pushes the government lender to expand its support for micro, small and medium enterprises (MSMEs).

Alphabet’s AI engine drives record quarter 

Alphabet Inc., the parent company search engine Google, is turning artificial intelligence into a powerful growth machine, posting a blockbuster second quarter as surging cloud demand, stronger search activity, and rapid AI adoption lifted revenues and profits to new heights.

Airbus advances hybrid-electric aviation tech with LEIA project

Airbus has launched the LEIA project, short for Large Scale Integration Demonstrator of Hybrid Electrical Architecture, to develop a complete hybrid-electric energy system for future commercial aircraft.

Clark Water rolls out El Niño plan boosting water security in Clark Freeport

Clark Water has put in place a comprehensive El Niño Mitigation Plan to secure steady water supply across the Clark Freeport Zone amid prolonged dry weather.

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