Tag: growth
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Philippine driller acquires new rigs to support affiliate’s geothermal growth
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Philippine-based geothermal drilling company ThermaPrime has acquired three new rigs to support the growth of affiliate geothermal operator and developer, EDC. The post Philippine driller acquires new rigs to support affiliate’s geothermal growth first appeared on ThinkGeoEnergy – Geothermal Energy News.
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US Community Solar Market To Hit 14 GWdc By 2029 Amid Growth Challenges, Says Report
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The US community solar market is set to reach a cumulative 14 gigawatts direct current (GWdc) by 2029, according to a recent report by Wood Mackenzie in collaboration with the […] The post US Community Solar Market To Hit 14 GWdc By 2029 Amid Growth Challenges, Says Report appeared first…
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PHL surprises with 6.3% GDP growth
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THE PHILIPPINE ECONOMY expanded faster than expected in the second quarter, as higher government spending and investments offset “anemic” household consumption, government data showed.
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First-quarter GDP growth revised upwards to 5.8%
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THE PHILIPPINE ECONOMY grew slightly faster than initially reported in the first quarter, the Philippine Statistics Authority (PSA) said on Wednesday. The PSA said in a statement the gross domestic product (GDP) growth rate for the January-to-March period was raised to 5.8% from the 5.7% previously reported. This was the…
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GDP growth picked up in Q2 — poll
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PHILIPPINE ECONOMIC GROWTH likely picked up in the second quarter as higher government spending may have offset the impact of El Niño on agriculture, analysts said.
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Manufacturing growth slows slightly in July
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MANUFACTURING GROWTH slowed slightly in July amid weaker expansion in production and orders, S&P Global said on Thursday. The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) stood at 51.2 in July, easing from 51.3 in June. “The latest index reading signaled only a modest improvement in the health of…
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Arctech Achieves 131% YoY Growth, Leading Among Top 5 Solar Tracker Suppliers
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Arctech, the world’s leading provider of solar tracking, racking, and BIPV solutions, stands out as the only company among the global Top 5 solar tracker suppliers to achieve an impressive […] The post Arctech Achieves 131% YoY Growth, Leading Among Top 5 Solar Tracker Suppliers appeared first on SolarQuarter.
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High rates seen to weigh on growth
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METROPOLITAN Bank & Trust Co. (Metrobank) Research trimmed its gross domestic product (GDP) forecast for the Philippines this year as elevated interest rates continue to crimp domestic demand.
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Faster infrastructure development needed to ensure growth — S&P
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MORE INVESTMENTS in infrastructure assets are needed to unlock faster growth rates for emerging Asian economies like the Philippines, S&P Global said. “A marked improvement in infrastructure and logistics will support the next leg of growth for the emerging markets of Asia,” it said in a report. “Economies can unlock…
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Driving Clean Energy: India’s 3.98% Capacity Growth and 23.68% Solar Power Surge in 2022-23
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In the global push for sustainability, significant emphasis is placed on expanding infrastructure and upgrading technology to ensure modern and sustainable energy services for all, particularly in developing countries (SDG […] The post Driving Clean Energy: India’s 3.98% Capacity Growth and 23.68% Solar Power Surge in 2022-23 appeared first on…