Category: Uncategorized
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India’s Renewable Energy Ministry Streamlines Approval Process for Solar Parks
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The Ministry of New & Renewable Energy has announced a significant policy shift regarding the approval process for Solar Park infrastructure development and O&M charges. In a recent Office Memorandum, […] The post India’s Renewable Energy Ministry Streamlines Approval Process for Solar Parks appeared first on SolarQuarter.
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Aptech Africa’s Solar-Powered Water Solution Revolutionizes Access In Juba
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In the parched landscapes of Juba, the availability of clean water isn’t just a necessity; it’s a fundamental right. Like many other regions globally, access to clean water remains a […] The post Aptech Africa’s Solar-Powered Water Solution Revolutionizes Access In Juba appeared first on SolarQuarter.
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EBRD Partners With BMCE – Bank Of Africa To Enhance Green Financing In Morocco
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In a bid to bolster green lending and promote climate-resilient technologies in Morocco, the European Bank for Reconstruction and Development (EBRD) has inked a memorandum of understanding with BMCE – […] The post EBRD Partners With BMCE – Bank Of Africa To Enhance Green Financing In Morocco appeared first on…
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Iran’s April Renewable Energy Production Hits 1.186 GW
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Recent official data indicates that Iran produced 1.186 gigawatts of renewable electricity in April. The Renewable Energy and Energy Efficiency Organization, part of the Energy Ministry, revealed that solar power […] The post Iran’s April Renewable Energy Production Hits 1.186 GW appeared first on SolarQuarter.
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Peso’s prolonged weakness could stoke inflation — analysts
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THE PROLONGED weakness of the Philippine peso could potentially fan inflation, but the central bank does not need to intervene unless the currency significantly drops, analysts said.
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House OK’s rice tariffication law amendments on 2nd reading
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THE HOUSE of Representatives on Tuesday approved on second reading a bill that seeks to allow the National Food Authority (NFA) to sell rice at subsidized prices during emergencies including shortages.
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PHL banks’ exposure to the real estate sector eases to 20%
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THE EXPOSURE of Philippine banks and trust entities to the property sector eased to 20.17% as of end-December last year, from 20.55% at end-September 2023, data from the Bangko Sentral ng Pilipinas (BSP) showed. Preliminary BSP data also showed this was lower than the 20.98% ratio at the end of…
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Meralco rates up in May
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RESIDENTIAL CUSTOMERS in areas served by Manila Electric Co. (Meralco) will see higher electricity bills this month due to the increase in generation charge.
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Banking, tobacco units lift LT Group’s profit to P6.42 billion in first quarter
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LUCIO C. Tan’s LT Group, Inc. reported a 1% increase in its first-quarter attributable net income to P6.42 billion, driven by its banking and tobacco units. Philippine National Bank (PNB) took up 46% or P2.97 billion of the total first-quarter income, while the tobacco business shared 41% or P2.65 billion, LT Group said…
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Ayala Corp. Q1 income hits P13B, driven by banking, property gains
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AYALA Corp. (AC) on Tuesday reported a 28% increase in its first-quarter (q1) attributable net income to P13.07 billion, driven by strong performances in its banking and property segments. First-quarter core net income, which excludes one-off items, improved by 26% to P11.8 billion, AC said in a statement to the…
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Applications open for 2024 Christian Hecht prize for scientific work in deep geothermal
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Applications are being accepted for the 2024 Christian Hecht Prize which recognizes outstanding research work done by young scientists on deep geothermal energy. The post Applications open for 2024 Christian Hecht prize for scientific work in deep geothermal first appeared on ThinkGeoEnergy – Geothermal Energy News.
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Ignis Energy, Baker Hughes announce collaboration to de-risk geothermal
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The strategic partnership leverages the reservoir analysis expertise of Baker Hughes to de-risk the geothermal sites in the global portfolio of Ignis Energy. The post Ignis Energy, Baker Hughes announce collaboration to de-risk geothermal first appeared on ThinkGeoEnergy – Geothermal Energy News.