Press Releases
PH Renewables secures Php 2.65B loan facility for its 75 MW solar project
(From L-R) Mr. Raoul Santos, RCBC -Trust Group SVP; Mr. Jose Luis Gomez, RCBC Capital President and CEO; Ms. Elizabeth Coronel, RCBC EVP and Corporate Banking Group Head; Mr. Eugene Acevedo RCBC President and CEO; Mr. Jaime Azurin MGEN President and CEO; Mr....
MGreen and Vena Energy commemorate the development in Ilocos Norte solar project
Time Capsule Laying: (Left to Right) Currimao Mayor Edward Quilala; Vena Energy Business Development General Manager Mia Jarumayan; Ilocos Norte Governor Matthew Marcos Manotoc; Ilocos Norte Vice Governor Cecilia Araneta-Marcos; Samrinder Nehria, Head of Vena Energy...
Atimonan One Energy wins Excellence Awards in 19th Quill Awards
Members of Atimonan Coastal Food Producers Cooperative preparing Aplaya Spanish Sardines Dr. Richard Argullla, Municipal Heath Officer of Atimonan, Quezon during his Kaisa sa Kalusugan radio interview about the COVID-19 situation in the municipality. Atimonan...
GBP supports Brigada Eskwela 2022
Global Business Power Corporation (GBP), through subsidiaries Panay Energy Development Corporation (PEDC) and Panay Power Corporation (PPC), joins this year’s Brigada Eskwela kick-off with the theme , ‘’Brigada Eskwela: Tugon sa hamon ng ligtas na balik-aral’’. The...
GBP, CANVAS partner to promote reading literacy
GBP scholars showing the books they’ve received, authored by CANVAS. This partnership forms part of the non-profit organization’s ‘One Million Books for One Million Filipino Children’ campaign. Global Business Power Corporation (GBP), in collaboration with the Center...
In the News
GBP starts solar plant construction in Rizal
By Jordeene Lagare Manila Times Global Business Power Corp. (GBP), through subsidiary PH Renewables, Inc. (PHRI), started the construction of its 115-megawatt (MW) solar power plant in Baras, Rizal. The solar facility, located within a 135-hectare area inside...
Meralco nears full coverage
By Maria Romero The Daily Tribune Tycoon Manuel V. Pangilinan-led Manila Electric Company (Meralco) is only several households away from hitting a long-held target to connect all households in its franchise area to the electricity network. During the company’s...
Meralco says sales in April rose 3% after lax ECQ rules
By Alena Mae Flores Manila Standard Manila Electric Co., the biggest retailer of electricity, posted a three-percent increase in sales in April, reflecting a recovery from demand year-on-year. Meralco attributed the higher April sales to “mainly due to less strict...
Meralco sales volume up
By Danessa Rivera Philippine Star MANILA, Philippines — Manila Electric Co. (Meralco) managed to grow its sales volume by three percent in the first four months of the year, showing signs of recovery despite the continuing pandemic. “The first few months of the...
Firm’s ER 1-94 remittances help build lab in Iloilo City
By Manila Standard Global Business Power Corporation (GBP), through subsidiaries Panay Energy Development Corporation (PEDC) and Panay Power Corporation (PPC), has supported Iloilo City and its efforts to fight COVID-19 through Energy Regulations 1-94 (ER 1-94)...
Meralco to source 1,500-MW renewable power in next 5 years
By BusinessWorld MANILA Electric Co. (Meralco) plans to draw on renewable energy (RE) sources for 1,500 megawatts (MW) of its power needs in the next five years as the firm ramps up the construction of utility-scale renewables plants, a company official said on...
Belated reaction
By Mary Ann Reyes Philippine Star The scorching heat we are currently experiencing is due to the fact that we are still in the so-called Philippine summer months, so-called since we do not actually have a summer season. Unfortunately, because most of us are...
BULACANSOL BAGONG PANGALAN SA INDUSTRIYA NG RENEWABLE ENERGY
By Joe Zaldariagga Pilipino Mirror / Saksi AYON sa National Oceanic and Atmosphere Administration, ang nakaraang apat na taon ay maituturing na pinakamainit sa loob ng 139 na taon. Ang patuloy na pag-init ng panahon ay resulta ng inilalabas na greenhouse gas...
Meralco secures favorable outlook
By Chito Lozada The Daily Tribune Dominant power distributor Manila Electric Co. (MER) shares remain attractive as a result of recent diversifications and it may even give a 35.44 percent a year upside from its current trading price of P274 to around P370...
BulacanSol provides Phl clean, renewable energy
By Joe Zaldarriaga The Daily Tribune According to the National Oceanic and Atmosphere Administration, the last four years have been the warmest in 139 years. The current warming trend is the result of human emissions of greenhouse gases into the atmosphere,...