AboitizPower 1Q profit down 53%
- April 28, 2022
Aboitiz Power Corporation recorded a 53% decline in its core net income for the first quarter of 2022 to Php2.9 billion versus from Php6.2 billion in the same period last year. In...
Aboitiz Power Corporation recorded a 53% decline in its core net income for the first quarter of 2022 to Php2.9 billion versus from Php6.2 billion in the same period last year. In...
Norwegian firm Scatec ASA is looking to expand its renewable energy (RE) investments in the Philippines, including solar, wind, and battery energy storage system (BESS) installations. Scatec General Manager for Southeast Asia...
First Gen Corporation, through subsidiary Energy Development Corporation (EDC), has begun supplying The Linden Suites with power from its geothermal plants for the multi-use hotel’s entire electricity needs under the government’s Green...
SN Aboitiz Power Group (SNAP) announced on Tuesday has tapped Japanese firm Hitachi Energy as the engineering, procurement, and construction (EPC) contractor for its 20-megawatt (MW) battery energy storage system (BESS) project...
The Institute of Climate and Sustainable Cities (ICSC) has called on the government to take on demand-side management activities to ensure power supply in the upcoming presidential elections, further warning once again...
The International Finance Corporation (IFC) and Aboitiz Power Corporation have signed an agreement to explore and help assess the viability of renewable energy (RE) as a source of baseload power in the...
The Energy Regulatory Commission (ERC) has begun its investigation into the unplanned shutdown of seven power generators that resulted in the Luzon Yellow Alert on Saturday night. Based on a Manila Bulletin...
Luzon was once again placed under a Yellow Alert on Saturday night, as several power plants went on unplanned outages and derated capacities, according to the National Grid Corporation of the Philippines...
Aboitiz Power Corporation is allotting Php28 billion for capital expenditures (capex) this year, which will be used to expand its renewable energy (RE) portfolio and to upgrade its existing power facilities, the...
The Department of Energy (DOE) has endorsed eight more power projects to the National Grid Corporation of the Philippines to undergo system impact studies (SIS), majority of them solar ventures. Based on...