Ayala abandons Visayas biomass business to boost solar, wind power push
MANILA, Philippines — AC Energy Corp. is getting out of the biomass energy business in Visayas to focus more on expanding its solar and wind power operations. In a disclosure to the stock exchange on Friday, the power unit of conglomerate Ayala Corp. said Negros Island Biomass Holdings Inc. (NIBH) is divesting its shares in […]
Ayala Group’s automotive unit sets P50-B revenue goal by 2025
AC Motors, the automotive arm of the Ayala Corp. conglomerate, aspires to become a pioneer in new energy vehicles sector and preeminent auto group in the country through disruptive technologies four years from now or by 2025 through disruptive technologies.
Banpu ploughs ahead with clean energy
Despite a need to shift towards defensive business operations, including cuts in capital spending and salaries among executives during the recession, Banpu Plc is not losing steam as it grows in the clean energy field.
BGRIM equips dairy with solar hardware
B.Grimm Power Plc (BGRIM) is installing rooftop solar panels with a capacity of six megawatts for Alaska Milk Corporation, the largest dairy manufacturer in the Philippines, as part of its plan to grow its solar power business.
Bridgestone Thailand utilizes solar power for tire production
A solar power generator has started the first phase of its operation at Bridgestone Tire Manufacturing Thailand’s (BTMT) Chonburi facility, where it is being used to power truck and bus tire production.
Can striking oil turn Cambodia’s economy around?
In a Facebook post, Cambodia’s Prime Minister Hun Sen described the country’s first few drops of oil as “a blessing for Cambodia” and “an important first step”.
CapitaLand bags two green loans worth $400m to drive greening of global portfolio
CapitaLand has secured two green loans amounting to $400 million to “catalyse greening of the group’s global portfolio by 2030”, the property giant said on Wednesday (April 15).
Chevron plans to increase Caltex petrol stations to 100
The government has welcomed Chevron (Cambodia) Ltd’s plan to nearly triple its network of Caltex petrol stations in the Kingdom to 100, according to a senior official at the Ministry of Mines and Energy on February 28.
Chinese firms outnumber rivals in Myanmar solar tender
Chinese companies have outnumbered their local and foreign rivals by far in submitting bids for a controversial solar tender in Myanmar, according to an unofficial list of bidders seen by The Myanmar Times. The ministry has not made any official announcements about the number of bids received or released details of the bidders, however, the […]
CHINT Cambodia Factory is Now Open, Assisting in the Southeast Asia’s Green Energy Development
SHANGHAI, March 7, 2022 /PRNewswire/ — SchneiTex x CHINT officially opened their Cambodia joint venture factory on February 28th local time. The factory will accomplish the localization of CHINT products, from manufacturing to delivery. It will also further improve the layout of CHINT’s global supply chain while expanding production capacity, which will help drive the development of the local power industry.