Tag: lower
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Lower costs, new farms drive ACEN’s 61.5% income surge
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ACEN Corp., the Ayala group’s renewable energy arm, reported a 61.5% increase in its attributable net income to P3.57 billion for the second quarter, driven by the operationalization of new solar and wind farms and a significant reduction in costs. Revenues declined by 16.6% to P9.45 billion from P11.33 billion;…
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Geothermal power project in Lower Saxony, Germany secures private investment
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Family office alfa8 has signed an investment agreement with TerraThermo to support Projekt THERMO, a deep geothermal power project in Lower Saxony, Germany. The post Geothermal power project in Lower Saxony, Germany secures private investment first appeared on ThinkGeoEnergy – Geothermal Energy News.
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Lower rice tariffs to bring down retail prices as early as July
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THE GOVERNMENT’S move to slash tariffs on imported rice could bring down average retail prices by P6-P7 per kilo as early as July, the Department of Agriculture (DA) said on Wednesday. “The potential price reduction will be between P6 and P7 per kilo… In a month’s time we can expect…
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Recto backs lower tariffs on rice
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FINANCE Secretary Ralph G. Recto said he is open to reducing tariffs on rice imports in order to help bring down prices of the food staple.