Author Archives: LM Staff

PNOC eyes offshore wind port project in Batangas

STATE-RUN Philippine National Oil Co. (PNOC) plans to develop an offshore wind (OSW) integration port...

Meralco, US nuclear power firm drop cooperation deal

Manila Electric Co. (Meralco) is seeking new foreign partners for nuclear power projects after its...

D&L plans to construct second biodiesel facility

D&L Industries Inc. is considering building a second biodiesel production facility to meet the government’s...

P7.5-B solar project under green lane in Cebu starts construction

MANILA – The PHP7.5-billion Daanbantayan Solar Power Plant broke ground this week after its documentary...

DOE includes water conservation on Earth Hour 2025

MANILA – The Department of Energy (DOE) has called on Filipinos to switch off non-essential...

First Gen’s recurring income softened to $245m in 2024

First Gen Corp. of the Lopez Group on Friday reported a 12-percent decrease in attributable...

Spain’s Acciona building P7.5-b Cebu solar farm

Acciona Energia Global, a leading renewable energy producer, started the construction of a P7.5-billion solar...

SMGP pursues P34-B cost recovery from terminated PSAs

SAN MIGUEL Global Power Holdings Corp. (SMGP), through its subsidiaries, is seeking to recover approximately...

AboitizPower sets P78-B capex for 2025, prioritizing renewables

ABOITIZ Power Corp. (AboitizPower) has allocated P78.1 billion in capital expenditures (capex) for 2025, with...

Alsons’ 2024 net income climbed 11% to P2.53b on high electricity demand

Alsons Consolidated Resources Inc., the publicly-listed company of the Alcantara Group, reported an 11-percent increase...