Ayala Group’s AC Energy Holdings has taken over the company operating the 52-megawatt wind farm in Bangui, Ilocos Norte. AC Energy has gained an additional..
Business
Articles
Marubeni Corp. of Japan is set to become the third partner in the 2×350-megawatt (MW) coal-fired power plant partnership of Semirara Mining and Power Corp...
A 42 percent increase in its nine-month income ending September 2016 was recorded by First Gen Corp. following higher earnings from its renewable energy assets..
Pilipinas Shell Petroleum Corp. posted a 91 percent increase in net earnings during the nine-month period on the back of higher marketing margins, lower cost..
Hedcor Inc. has inked a power supply deal with the Bukidnon Second Electric Cooperative Inc. (BUSECO) that will take effect upon the completion of its..
Off-grid energy company DMCI Power Corp. (DPC) will spend almost a billion pesos to build a 3×6.3 megawatt (MW) bunker-fired power plant in Puerto Princesa..
The Energy Development Corporation (EDC) recorded a 7.01 billion consolidated net income nine months into 2016 supported by generated capacities and reduced expenses. EDC’s net..
The country’s largest coal producer, Semirara Mining and Power Corp recorded a 54% increase in earnings in nine months ending September following higher coal production..
Petron Corporation recorded a P 7.4 billion net income for three quarters in 2016 due to strong sales and improved efficiency in its refinery. The..
A reduction in November electricity bills is expected for the customers of the Manila Electric Co (MERALCO) – 46 days before Christmas. Electricity rates this..