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Leviste-led Solar Philippines is supposed to deliver nearly 12 gigawatts of renewable energy capacityLeviste-led Solar Philippines is supposed to deliver nearly 12 gigawatts of renewable energy capacity
Leviste’s solar firm fined P24 billion over stalled contracts
MANILA, Philippines – The Department of Energy (DOE) is imposing P24 billion in penalties on Solar Philippines, a renewable energy firm founded by Batangas 1st District Representative Leandro Leviste, for failure to meet commitments.
According to reports, the DOE is relinquishing 163 renewable energy service contracts issued from 2024 to 2025 with a total capacity of 17,900 megawatts. Of this, Solar Philippines had nearly 12,000MW worth of contracts canceled. The DOE has been bidding out renewable energy projects through the green energy auction program to speed up renewable infrastructure in the country.
The Ombudsman is investigating Leviste for supposedly “selling” his solar business’ franchise to tycoon Manny V. Pangilinan, an allegation that Meralco PowerGen Corporation has since denied.
Solar Philippines promotes itself as “the largest solar company in Southeast Asia with over 300MW of generating capacity and 10,000 hectares of land area conducive for solar farms.”
Its portfolio on its website boasts of over 10,000 hectares of land to be developed in solar energy zones in Batangas, Nueva Ecija, and Tarlac.
– Rappler.com
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, [email protected]으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.
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WLFI Bank Charter Faces Urgent Halt as Warren Exposes Trump’s Alarming Conflict of Interest
BitcoinWorld WLFI Bank Charter Faces Urgent Halt as Warren Exposes Trump’s Alarming Conflict of Interest WASHINGTON, D.C. – March 15, 2025 – In a dramatic escalation
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bitcoinworld2026/01/14 06:40
UNI Price Prediction: Targets $5.85-$6.29 by Late January 2026
The post UNI Price Prediction: Targets $5.85-$6.29 by Late January 2026 appeared on BitcoinEthereumNews.com. Rebeca Moen Jan 13, 2026 13:37 UNI Price Prediction
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BitcoinEthereumNews2026/01/14 05:50
Jose Mourinho Is Back. Can He Be The Special One Again?
The post Jose Mourinho Is Back. Can He Be The Special One Again? appeared on BitcoinEthereumNews.com. Portuguese coach Jose Mourinho (L) holds up a Benfica jersey with his name together with Benfica president Rui Costa during his official presentation as new Benfica coach at the Benfica Campus training center in Seixal, on the outskirts of Lisbon, on September 18, 2025. Benfica sacked Portuguese coach Bruno Lage following their defeat to Qarabag on September 16, 2025 evening in the Champions League, and contacted Jose Mourinho the next day to hire him. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images) AFP via Getty Images Two decades after leaving Portugal with a Champions League winner medal in his pocket, Jose Mourinho is back in his home country. Benfica, Portugal’s most successful club, appointed the 62-year-old as their new manager on Thursday, just three weeks after he was fired by Turkish giants Fenerbahce after just over a year in charge. It marks an emotional return for Mourinho, who began his coaching career with the Lisbon giants in 2000, managing 11 matches before resigning. By the time he left Portugal for England just under four years later, his star was in the ascendency. As he introduced himself to the English media for the first time, Mourinho famously described himself as the “Special One”. It was a revealing remark, typical of a man whose confidence bordered on arrogance at times. Crucially, it was also borne out by results. In two seasons at Porto, Mourinho won two league titles, the UEFA Cup and the Champions League. Seven league titles across England, Italy and Spain with Chelsea, Inter Milan and Real Madrid followed, along with another Champions League crown and seven domestic cups across three countries. The Europa League and the Europa Conference League have also been added to Mourinho’s trophy cabinet, the former with…
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BitcoinEthereumNews2025/09/19 22:49