Tag: renewable energy

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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.  

ACEN receives feasibility study grant for Australian pumped hydro project

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. 

Renewable energy as transportation power source under tripartite study

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 Raises Stake In Renewable Energy Unit For P2.92B

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...

ACEN secures $107M financing package from ADB, parallel lenders

ACEN and its partner, the BIM Group, have secured a financing package worth $107 million from the Asian Development Bank (ADB) and parallel lenders...

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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.

Philippines leads ASEAN electronics, semiconductor push

The Philippines is positioning itself at the center of Southeast Asia’s semiconductor race as it hosts the ASEAN-Integrated Philippine Semiconductor and Electronics Convention and Exhibition (PSECE) 2026, a regional gathering aimed at strengthening supply chains, attracting investments and accelerating technology cooperation.

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