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Latest News

Basic Energy proceeds solar power expansion in Japan

LISTED HOLDING COMPANY BASIC ENERGY CORP., TOGETHER WITH ITS PARTNER SOLMAX POWER LIMITED OF HONG KONG, WILL CARRY ON WITH ITS OVERSEAS SOLAR EXPANSION BEGINNING WITH JAPAN AFTER THE FORMER SIGNED THE INVESTMENT TERM SHEET AND REMITTED A REFUNDABLE DEPOSIT WORTH ‎JP¥50M (ROUGHLY ₱22.74 M) “TO TRIGGER THE DUE DILIGENCE WORK.” Additionally, Basic Energy is…

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Basic Energy : starts study on Japan solar project

MANILA, Philippines – Basic Energy Corp. will soon start due diligence on solar farms in Japan after remitting 50 million, or roughly P22.74 million, to Solmax Power Ltd. of Hong Kong. Basic Energy told the Philippine Stock Exchange it signed the investment term sheet and has remitted a refundable earnest deposit to Solmax to trigger…

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