Author Archives: LM Staff

First Gen earnings rise in Q1 on leaner operating costs

LOPEZ-LED First Gen Corp. reported a 4.4% increase in attributable net income to $82.3 million...

Gov’t, Mitsubishi break ground for subway power supply substation

MANILA — Government officials and the Mitsubishi Corporation have broken ground for a power substation...

Electricity spot market prices down significantly in April

The Independent Electricity Market Operator of the Philippines (IEMOP) reported a 15 percent decline in...

As coal power remains dominant, Semirara Mining renews interest in Saint Raphael project

Looking ahead to this year’s goal of boosting its performance in the energy sector, Consunji-led...

DOE orders clearing of power infrastructure for 2025 polls

MANILA – A week before the 2025 elections, the Department of Energy (DOE) ordered the...

Albay power coop modernization pushed

Polangui Mayor Raymond Adrian Salceda has vowed to push for the modernization of Albay province’s...

ACEN seeks partners for offshore wind projects

AYALA-LED ACEN Corp. is actively seeking partners with technical expertise to support the development of...

Meralco eyes developments in Romania’s nuclear plant

Manila Electric Co. is monitoring the development of Nuscale Power’s small modular reactor (SMR) in...

ERC allows NGCP to implement 9 ancillary agreements

The Energy Regulatory Commission (ERC) has issued final authority to the nine ancillary services procurement...

‘Renewable energy to shield Philippines from global trade shocks’

MANILA, Philippines — A stronger renewable energy (RE) push could provide the Philippines with a...