Phinma Energy Corp.’s income jumped 53 percent after surpassing the P1-billion income mark last year from generating higher sales volume and an additional non-recurring income from selling a partial stake in one
The Department of Energy (DOE) wants to conduct a large information, education and communication (IEC) drive to implement a demand-side management program to ensure energy supply during the summer season. “We have
Global Business Power Corp. (GBPC) is banking on the increased infrastructure demand and positive business outlook of the power sector by expanding it energy portfolio and breaching into Luzon. “One of our
Effective settlement spot prices (ESSPs) in the wholesale electricity spot market (WESM) dropped to a six-year low in January with P1.90 per kilowatt-hour (kWh), the lowest since 2011, according to the Philippine
The Energy Regulatory Commission (ERC) has approved The National Grid Corp. of the Philippines (NGCP) to spend P5.5 billion for new and expansion of transmission projects this year. This is a partial
The AC Energy Holdings Inc. has officially taken over the Bronzeoak Philippines Inc. to fasten the ramp up of its renewable energy portfolio to 1,000 megawatts (MW) by 2020. In a disclosure
Phoenix Petroleum Philippines Inc. is set to spend P10 billion to ramp up its aggressive growth plans through the expansion of its retail network, including acquisitions in the next three years. The
The Aboitiz Power Corp. is eyeing hydropower project ventures in Indonesia and Myanmar in expanding its business in Southeast Asia amid the oversupply situation in the Philippines. “[We’re looking at] large, impounding
Solar Philippines has begun construction for the 150 megawatt (MW) solar farm with battery storage in Concepcion, Tarlac, its largest solar power project to date, its top official said yesterday. The plant
Therma South Inc. (TSI) and Aboitiz Foundation Inc, has partnered with the Department of Trade and Industry (DTI) 11 for a comprehensive crafts livelihood project for the Matigsalug tribe in Marilog, Davao
