Poging GOUD - Vrij
Basic Energy secures approval for Cadiz solar power project
Business World Philippines
|March 27, 2025
LISTED firm Basic Energy Corp. has obtained approval from the Department of Energy (DoE) to proceed with the pre-development phase of its proposed Cadiz 1 Solar Power Project in Negros Occidental.
In a stock exchange disclosure on Wednesday, Basic Energy said it received a certificate of authority from the DoE, allowing the company to secure the necessary permits and instruments for the project.
The solar power facility will cover approximately 30 hectares and is expected to generate at least 43 megawatts (MW), based on a preliminary assessment by an independent third-party firm.
Dit verhaal komt uit de March 27, 2025-editie van Business World Philippines.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business World Philippines
Business World Philippines
Analyst cites risks of Jollibee plan to spin off US operations
JOLLIBEE FOODS CORP. (GJFC) plans to spin off its international business and list it on a US stock exchange by late 2027, a move investors generally see as a value booster, but one that comes with added risks, analysts said.
1 mins
January 09, 2026
Business World Philippines
Dollar reserves hit $110.9B at end-2025
THE Philippines' dollar reserves as of end-December exceeded the Bangko Sentral ng Pilipinas' (BSP) estimate for the year as it reached over $110 billion.
2 mins
January 09, 2026
Business World Philippines
Aboitiz Renewables unit plans P512-M facility for solar link
SOUTH CLEANERGY, INC. is seeking to build a P512-million transmission facility to link its major solar farm and battery energy storage system in Cadiz, Negros Occidental, to the Visayas grid.
1 min
January 09, 2026
Business World Philippines
Buying from the broadsheets
Some 13 years ago, Nobel Laureate Joseph E. Stiglitz published The Price of Inequality.
5 mins
January 09, 2026
Business World Philippines
Eala clinically beats Marcinko
Grizzled tandem of Maleckova-Zarazua withdraws
2 mins
January 09, 2026
Business World Philippines
PLDT eyes broader rollout of AI across key sectors
PLDT INC. is stepping up efforts to expand the use of artificial intelligence (AI) across the Philippines as part of its push to boost participation in the global AI ecosystem and support inclusive digital growth.
1 min
January 09, 2026
Business World Philippines
Stephen Miller: Portrait of Donald Trump's ideologue-in-chief
During a recent interview with CNN host Jake Tapper, the White House deputy chief of staff, Stephen Miller, laid out what appears to be the core of the new ideology driving US foreign policy: the notion that might is right.
4 mins
January 09, 2026
Business World Philippines
Green-lane agency to start 2026 with projects worth P2.95 trillion
THE Board of Investments’ (Bol) One-Stop Action Center for Strategic Investments (OSACSI) said it ended 2025 with about P2.95 trillion worth of projects not yet registered with investment promotion agencies (IPAs) whose permits it will fast-track under the green lane system.
2 mins
January 09, 2026
Business World Philippines
True cost of P20 rice program points to daunting fiscal challenge
THE QUEUE was longer than usual when Elisa J. Valencia arrived at the Kadiwa store in Diliman, Quezon City one Wednesday morning in December.
5 mins
January 09, 2026
Business World Philippines
Philippines may grow below 4% in near term
PHILIPPINE economic growth may fall below 4% in the near term as the billion-peso flood control scandal drags on, affecting government spending and dampening consumption and sentiment, Nomura Global Markets Research said.
2 mins
January 09, 2026
Listen
Translate
Change font size