Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
UAE firm commits $15-B investment in RE sector
The Philippine Star
|January 17, 2025
Implementation Agreement for the development of renewable energy projects in the Philippines
Emirati state-owned firm Masdar is entering the Philippine renewable energy (RE) market with a committed investment of $15 billion (about P878 billion) to develop green projects across the country.
The Department of Energy (DOE) and Masdar signed an implementation agreement on Wednesday, which operationalizes the memorandum of understanding on energy transition cooperation signed by the Philippines and the United Arab Emirates (UAE) in November 2024.
The signing was led by DOE Undersecretary Rowena Cristina Guevara and Masdar CEO Mohamed Jameel Al Ramahi and was witnessed by DOE Secretary Raphael Lotilla and Sultan Al Jaber, Masdar chairman and UAE Minister of Industry and Advanced Technology.
Under the agreement, Masdar will develop one gigawatt of solar, wind and battery energy storage system projects across the Philippines by 2030, with plans to scale up to 10 GW within a decade.
For its part, the DOE will provide support to Masdar in conducting pre-development activities, technical studies, securing the necessary rights, gathering project details and obtaining all required permits and approvals.
Denne historien er fra January 17, 2025-utgaven av The Philippine Star.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Philippine Star
The Philippine Star
DOF pledges tighter oversight, transparency
The Department of Finance (DOF) reaffirmed its commitment to transparency and fiscal discipline amid rising public concerns over alleged corruption and misuse of government funds, vowing to ensure that every peso collected is spent responsibly.
1 mins
October 26, 2025
The Philippine Star
Cloudy, rainy weather expected across Phl
Scattered rains, thunderstorms and cloudy skies are expected to persist over several parts of the country until the end of October due to the combined effects of three weather systems, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration.
1 min
October 26, 2025
The Philippine Star
BBM to DPWH: Slash construction material costs by 50%
With some construction materials for infrastructure projects obviously overpriced, President Marcos ordered the Department of Public Works and Highways (DPWH) yesterday to reduce the standard cost for these items by as much as 50 percent to ensure public funds are properly spent.
2 mins
October 26, 2025
The Philippine Star
Angkas seeks support for entrepreneurs
Angkas founder and chief executive officer Angeline Tham has called on governments to strengthen support for local businesses and startups to ensure that digital transformation benefits developing economies and communities.
1 min
October 26, 2025
The Philippine Star
Phl opens market for Peru avocados
The Philippines has opened its market to fresh Hass avocados from Peru following the signing of a bilateral work plan between the government's crop development agency and the South American country’s agrarian health service.
1 mins
October 26, 2025
The Philippine Star
Lawyers in demand amid scandal-serye
So this is where we are since this flood control corruption scandal erupted — construction projects are down, infrastructure spending has slowed and luxury buyers have laid low.
3 mins
October 26, 2025
The Philippine Star
Team Phl bags 2nd gold
MANAMA - Charlie Ratcliff promised nothing less than a gold medal just days before she left for the 3rd Asian Youth Games here. She kept her promise.
2 mins
October 26, 2025
The Philippine Star
Beauty Addict Decoded - CELEBRATING 13 YEARS OF BEAUTY, INNOVATION, AND TIMELESS ELEGANCE AT RUSTAN'S
The future of beauty just dropped, and it's serving luxury with a side of innovation.
3 mins
October 26, 2025
The Philippine Star
Palace sees Christmas jailing of flood control suspects 'doable'
Placing the alleged perpetrators of the flood control anomalies behind bars by December or before Christmas is doable, Malacañang said yesterday, even as it maintained that rushing the filing of cases could lead to dismissals and finger pointing.
2 mins
October 26, 2025
The Philippine Star
Kanlaon erupts anew; ashfall hits barangays
A moderately explosive eruption occurred at Kanlaon Volcano on Negros Island on Friday night, causing ashfall and sulfur stench in 15 barangays, according to the Philippine Institute of Volcanology and Seismology (Phivolcs).
2 mins
October 26, 2025
Listen
Translate
Change font size