Energy chief says Palawan ‘open to hosting’ nuke plant
The Palawan local government has joined a short list of areas that are “open to hosting” a nuclear power plant, Energy Secretary Alfonso Cusi said, even as the Philippines is…
Ayala Group inks power plant deal with Marubeni unit
The Ayala group through AC Energy Philippines Inc. (ACEPH) has signed a shareholders’ agreement with a unit of Marubeni Corp. related to a joint venture for a 150-megawatt diesel-fired power…
Tesla picks Texas site for second US vehicle assembly plant
Electric car maker Tesla Inc. has picked the Austin, Texas, area as the site for its largest auto assembly plant employing at least 5,000 workers. FILE – In this Monday,…
Holcim suspends cement plant in Davao
The country’s leading cement-maker Holcim Philippines has suspended the operation of its manufacturing plant in Davao as the city was locked down until April 19 to contain the COVID-19 pandemic.…