Alsons Consolidated Resources (ACR), the publicly traded company of the Alcantara Group in Mindanao, has witnessed a 22% surge in its net income for 2023, climbing to Php 2.285 billion in 2023...
The Manila Electric Company (MERALCO) announced its failure to secure bids for the firm’s 260 megawatts (MW) interim power supply agreement (IPSA). In a report by the Philippine Star, MERALCO’s Head of...
The Department of Energy (DOE) is setting the commercial operations of the Retail Competition and Open Access (RCOA) and Green Energy Option Program (GEOP) in Mindanao to commence on March 26. In...
Manila Electric Company (MERALCO) is seeking to lock in a partnership with Canada’s OntarioTech University for a scholarship initiative focused on enhancing Filipino talent in the nuclear power sector. A Manila Bulletin...
Geologists from the University of the Philippines say the Manila Trench has traces of gas hydrates, ‘ice-like substances’ made of water and methane that can be used as an energy source. In...
Ayala-led ACEN Corporation reports a decline in the firm’s net income for 2023 at Php 7.4 billion. This represents a 43% reduction compared to the figures from 2022. In a report by...
The Department of Energy (DOE) is pushing to advocate for ‘premium incentives’ in order to lure investments that will support the nuclear agenda. Energy Undersecretary Sharon S. Garin said that the department...
Subsidiaries of the Manila Electric Company (MERALCO) are partnering with real estate developers Mirax and Rima Corporations as part of their pledge to promote sustainability by offering solar energy and internet connectivity...
Manila Electric Company (MERALCO) announced that 105 companies have expressed their commitment to participating in the interruptible load program (ILP), collectively contributing a total capacity of 530.10 megawatts. MERALCO Vice President and...
ACEN Australia, a subsidiary of ACEN, signed a Power Purchase Agreement (PPA) with SmartestEnergy that would enable the latter firm to acquire renewable electricity from Stage 1 of ACEN Australia’s New England...
