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.
