Global Business Power to build first solar plant in Rizal on July 7, 2021 at 11:07 am
Manny V. Pangilinan-led Global Business Power Corporation (GBP) has begun construction works on its first solar power plant.
Located inside the Philippine Communications Satellite Corporation’s (PHILCOMSAT) 135-hectare property in Baras, Rizal, the 115 megawatt-peak (MWp) project of GBP subsidiary PH Renewables, Inc. (PHRI) is expected to commence commercial operations in 2022.
The project also is GBP’s first venture in the Luzon mainland. GBP, a leading power generator in the Visayas, also has power generation facilities in Mindanao and Mindoro amounting to 1,091MW.
“We have worked together with our partners to aid the growing demand for cleaner and affordable power supply. In response to the government’s push for renewable energy, we have persevered to finally commence construction of this timely project to fuel the nation’s progress,” GBP President Jaime Azurin said in a stat
A House investigation on the Luzon power deficit left lawmakers with more questions than answers as the island group faced rotating blackouts for three straight days early this week.
PowerSource First Bulacan Solar Inc.’s (PFBSI) 50-megawatt (MW) solar power plant has officially started commercial operations and is now providing clean and renewable power to the Luzon grid.
Cycode Raises $20 Million Series A Round From Insight Partners
SAN FRANCISCO, May 11, 2021 Cycode, an innovator in securing DevOps pipelines, today announced a $20 million Series A round led by Insight Partners, with participation from seed investor, YL Ventures. The new funding brings total investment to $25 million and positions Cycode to accelerate growth into securing enterprise DevOps tools such as source control management systems, build systems and cloud infrastructure.
In addition to the Series A funding, Cycode also announced the signing of new customers including: Grubhub, Databricks, Flexport, Rapyd, Copart and Cobalt. Further, Cycode has hired Dor Atias as VP of R&D, Tom Kennedy as VP of Sales and Andrew Fife as VP of Marketing.