The Aboitiz Power Corporation recorded a net income of Php 27.5 billion in 2022, a 32% jump from the Php 20.8 billion recorded in 2021. In a disclosure to the Philippine Stock...
Pilipinas Shell Petroleum Corp. and Shell Energy Philippines (SEPH) have signed an agreement with the Department of Energy (DOE) that will roll out electric vehicle (EV) charging stations powered by renewable energy. ...
Updated (March 7) – Customers within the Manila Electric Co. (MERALCO) franchise area can expect an increase in the March billing following forecasts of higher generation charges due to the Malampaya maintenance...
The proposed “fuel swap arrangement” aimed to bring back the 1,200 megawatt (MW) Ilijan power plant to operations cannot be concluded as there was no definitive gas supply from Prime Energy, the...
GNPower Dinginin Ltd. Co. (GNPD) is currently negotiating its third emergency power supply agreement with the Manila Electric Co. (MERALCO), following the expiration of the second contract in February. GNPD president and...
Vivant Corporation, through its subsidiary Vivant Energy Corporation, has acquired the 22-megawatt-peak (MWp) solar farm project in San Ildefonso, Bulacan for $15.5 million. In a disclosure to the Philippine Stock Exchange, Vivant...
Pilipinas Shell Petroleum Corp. (SHLPH) has secured a Php 9 billion loan from the Bank of the Philippine Islands (BPI) and Metrobank. “The loan will reduce SHLPH’s exposure to short-term volatilities in...
Updated (March 7) – GNPower Dinginin Ltd. Co. (GNPD), a joint venture of Aboitiz Power Corp. and the Ayala group, is supplying 300 megawatta (MW) capacity to the Manila Electric Co. (MERALCO)...
Basic Energy Corporation (BEC), through its subsidiary Mabini Energy Corporation (MEC), is looking to secure a strategic partner for the development of its 50-megawatt (MW) Mabini wind farm project in Batangas. In...
Tokyo Gas Co. Ltd., First Gen Corporation’s partner in its liquefied natural gas (LNG) project, is looking to introduce green hydrogen in the Philippines. In a report by Business Mirror, First Gen...
