Philippines

ADB Raises €600 Mn via Green Bond to Spur Climate Financing

Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […]

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India to See Job Surge in Solar, Wind Energy Sector: Report

“The potential for employment creation is conditional on the domestic capacity of solar module manufacturing and the establishment of vocational training programmes and certification schemes,” the report added. Over 300,000 workers to be employed in solar, wind energy sectors in India: Report In India the employment generation in solar industry will see a boom in […]

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Installed Renewable Energy Capacity Nearly Doubled Since 2014, says Govt

With 70 GW installed renewable power capacity, renewable energy has a share of over 20 percent of the total installed capacity in the country, it further added. In a major boost to cleaner and greener planet, the total renewable energy installed capacity of the country has risen significantly in just four years i.e. from 36 […]

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Energo Boost Clean Energy Prod via Qtum Blockchain Implementation in Philippines

Through combining the decentralization of blockchain with solar cells, energy storage and other hardware, we hope to accelerate the power reform in off-grid areas, said Kaikai Yang, Founder and CEO, Energo Lab Foundation. Energo Foundation has implemented Qtum blockchain platform in its latest cooperation with First Gen, the largest producer of clean energy in the Philippines, on the […]

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Ayala Acquires Majority Stake in US Solar Tech Firm

Merlin is highly complementary to various Ayala businesses, such as the renewable energy generation under AC Energy, says Jaime Augusto. Conglomerate Ayala Corporation has expanded its footprint in the solar energy by acquiring controlling stake in the Silicon Valley-based Merlin Solar Technologies Inc. In a disclosure to the Philippine Stock Exchange, Ayala said, the transaction […]

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