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Yuchengco-led PetroEnergy Resources Corporation (PERC) reports a 29% increase in their consolidated net income, reaching P874 million by the end of September this year versus P677 million recorded in the same period...
The Manila Electric Company (MERALCO) echoed its commitment to follow the regulations set by the Energy Regulatory Commission (ERC). In response to the recent statements made by ACT-Teachers Rep. France Castro and...
With plans to increase investments, Marubeni remains optimistic about the Philippine market as Kazuaki Shibuya, General Manager of the Environmental Infrastructure Department at Marubeni, affirmed the company’s commitment to the Philippine economy,...
The Philippine Energy Efficiency Alliance, Inc. (PE2) projects that up to P1.7 trillion worth of energy efficiency investments will be self-financed or carried by the balance sheets of commercial and industrial establishments...
Ayala-led ACEN Corporation experienced a 59% surge in profitability nine months into the year, to P6.6 billion, after the equity sell-off in Salak and Darajat geothermal assets in Indonesia. In a report...
The progress of the Mindanao-Visayas Interconnection Project (MVIP) ceased as the Supreme Court issued a temporary restraining order (TRO) on one part of the infrastructure development. Apart from the MVIP, a TRO...
Through its Energy Secure Philippines (ESP) Project, the United States Agency for International Development (USAID) and Ocentera Energy Corp. have joined forces to provide solar-powered indigenous-style boats to address the transportation needs...
The Manila Electric Company (Meralco) announced today an increase of Php 0.2347 per kilowatt-hour (kWh) in the November electricity rate, bringing the overall rate for a typical household to P12.0545 per kWh. ...
Amid its plans to privatize and sell remaining assets, the Power Sector Assets and Liabilities Management Corp. (PSALM) is gathering its prospective investors as it targets holding an investor forum to generate...
The National Grid Corporation of the Philippines (NGCP) has called out the Energy Regulatory Commission (ERC) following its decision to disallow some of its expenses, saying that it’s an “unfair” move from...
