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Monday, April 29, 2024

Energy

NexGen eyeing IPO to fund RE projects

NexGen Energy Corp., a wholly-owned subsidiary of Pure Energy Holdings Corp. (PEHC) said over the weekend it is preparing for an initial public offering (IPO) to raise funds for its renewable energy projects in the pipeline. The company is developing solar and wind projects with a capacity of over 2,350 megawatts over the next 10 years. NexGen was established on June 7, 2017 to be the wind, solar and agriculture technology...

Advantec of Japan to invest$2b in micro solar power grids

Mini-grid provider Advantec Philippines plans to invest $1.2 billion to $2 billion...

Ayala unit seeking partners to derisk two energy projects

Listed Ayala-owned Enex Energy Corp. said over the weekend it is looking...

PNOC signs deal to start, develop PH aquavoltaic industry

State-run Philippine National Oil Co. (PNOC) signed a memorandum of understanding (MOU)...

LATEST Energy

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Phoenix Petroleum defers dividend payout

Phoenix Petroleum Philippines said Monday it deferred the declaration of dividends for the fourth quarter to preserve resources to improve operations and ensure the...

Alternergy unit set to complete Palau solar project

Alternergy Holdings Corp. said Monday its subsidiary is nearing completion of its solar and battery storage project in Palau. “Our Palau solar PV plus battery...

EDC unveils plan to diversify power generation sources

Geothermal leader Energy Development Corp. unveiled its power generation expansion program to include offshore wind and battery energy storage systems in the next ten...

Green Atom signs deal to supply biomass power to Pampanga II Electric Cooperative

Green Atom Renewable Corp. and Pampanga II Electric Cooperative Inc. signed an agreement for the supply of biomass power. GAREC will supply clean energy to...

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