ACEN reports 27% increase in net income in 1Q
- May 9, 2024
ACEN Corporation reports a 27% increase in its net income for the first quarter, from Php 2.0 billion to Php 2.7 billion, due to a strong generation output amplified by the commercial...
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ACEN Corporation reports a 27% increase in its net income for the first quarter, from Php 2.0 billion to Php 2.7 billion, due to a strong generation output amplified by the commercial...
Alternergy Holdings Corporation is securing a green corporate loan to continue developing its renewable energy (RE) projects for 2024. Manila Bulletin reported that the green corporate loan, which amounted to Php 4...
The National Grid Corporation of the Philippines (NGCP) is seeking support from its stakeholders and Negros Oriental government officials to expedite the completion of the Amlan-Dumaguete 138 kiloVolt (kV) line. “NGCP is...
Former Energy Secretary Alfonso G. Cusi believes in upholding the coal moratorium implemented in 2020, viewing it as a crucial policy that maps out the country’s greener future. In a report by...
Terra Solar Philippines, Inc., which is constructing a Php 200 billion solar project, is in talks with five foreign companies about becoming investors, says SP New Energy Corporation (SPNEC). In a report...
Business giants Manuel Pangilinan, Ramon Ang, and Sabin Aboitiz are establishing a technical working group (TWG) together with the Department of Energy (DOE) and the Department of Environment and Natural Resources (DENR)...
Semirara Mining and Power Corporation (SMPC) paused its plans for its 700-megawatt (MW) coal-fired power plant due to transmission restrictions caused by right-of-way (ROW) issues. In a report by Business Mirror, SMPC...
The Manila Electric Company (MERALCO) is planning to switch on more hyperscale data centers to support the industry. In a report by Business World, MERALCO Executive Vice-President and Chief Operating Officer Ronnie...
The Asian Development Bank (ADB) opines that the Philippines could benefit from a carbon tax, but it should be sufficient for the demands of a country that is still strongly dependent on...
To help alleviate the effects of severe carbon dioxide (CO2) reductions in businesses and the economy, the Philippine Chamber of Commerce and Industry (PCCI) is urging policymakers to consider a balanced approach...