Tag: solar energy

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ACEN affiliate eyes $13M Malaysian solar investment

ACEN Corp. said Wednesday that affiliated joint venture IBV ACEN Renewables Asia Pte. Ltd. is nearing completion of its investment assessment for solar projects in Malaysia, valued at $13 million. This development signals the company's expansion into new markets and strengthens its commitment to renewable energy.

CICC, PNOC parter to deploy green energy in disadvantaged areas

The Cybercrime Investigation and Coordinating Center (CICC) and the Philippine National Oil Co. (PNOC) have signed a memorandum of agreement to explore the use of hybrid solar and wind energy systems for sustainable power in underserved and unserved areas across the Philippines.

ICSC delivers 60 kWp solar project to Guiuan, Samar

The Institute for Climate and Sustainable Cities (ICSC) has handed over a 60 kilowatt-peak (kWp) on-grid hybrid photovoltaic system to the municipality of Guiuan, Eastern Samar.

Raslag moves to develop 4th solar farm, eyes 2024 completion

Raslag Corp., a Pampanga-based renewable energy corporation listed on the stock exchange, said Monday its board approved several contracts for the development of its fourth solar farm, the 35.2-megaWatt-peak Raslag 4.

Spectrum turns over solar rooftop projects

Manila Electric Co. (Meralco) subsidiary, Spectrum, has turned over two solar rooftop projects that began operations early last year.

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Eala turns Birmingham grass into familiar turf

The grass courts of Birmingham can be slippery places, full of awkward bounces and shortened rallies that punish hesitation. A year ago, Alex Eala found little comfort there, exiting early and leaving with more questions than answers.

Foreign currency reserves stand at US$104 billion in May; remains strong buffer for economy

The country’s gross international reserves (GIR) reached US$104 billion as at end-May this year, according to preliminary figures from the Bangko Sentral ng Pilipinas (BSP). This reflects a slight drop from the previous month, caused mainly by the national government withdrawing funds from its foreign currency deposits with the central bank to pay off foreign debts, lower value of the BSP’s gold holdings due to falling global gold prices, and net foreign exchange transactions carried out by the central bank.

Auto industry seeks incentives beyond EV transition

The Philippine automotive industry is renewing its push for a performance-based incentive program similar to the discontinued Comprehensive Automotive Resurgence Strategy (CARS), arguing that both internal combustion engine (ICE) and electrified vehicle production will be necessary to sustain local manufacturing and meet evolving market demand.

SM Hotels assigns Siega to Cebu’s MICE giant

Janytte Siega is stepping into one of the most significant roles in the Philippine meetings and events industry as SM Hotels and Conventions Corp. (SMHCC) taps the seasoned hospitality executive to lead SMX Convention Center Seaside Cebu ahead of its scheduled opening in November 2026.

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