Author Archives: LM Staff

REDC reports 30% decline in profit on higher expenses

LISTED Repower Energy Development Corp. (REDC), a subsidiary of Pure Energy Holdings Corp., said its...

San Miguel unit plans to develop hydro project in Pangasinan

San Roque Hydropower Inc. (SHRI), a unit of San Miguel Global Power Holdings Inc., is...

Meralco awaits Senate action on proposed nuclear regulatory body

MANILA ELECTRIC Co. (Meralco) is hopeful that the bill seeking to establish an independent nuclear...

WESM average prices for all 3 grids negative in April

THE Wholesale Electricity Spot Market (WESM) has recorded anew “negative” average prices across all three...

Meralco looks at AI to transform network

Manila Electric Co. expects artificial intelligence (AI) to play a crucial role in the transformation...

Raslag inks deal to supply 15-MW solar power to Pampanga

LISTED renewable energy developer Raslag Corp. has entered into a power supply agreement (PSA) with...

Meralco completes three substations in first quarter

Power retailer Manila Electric Co. has completed three substation projects in the first quarter with...

Weaker business units drag AEV profit in Q1

LISTED conglomerate Aboitiz Equity Ventures, Inc. (AEV) posted a 35% drop in first-quarter (Q1) net...

Meralco keen on helping Batangas ECs

The Manila Electric Co. (Meralco), the country’s largest power distribution firm, has expressed interest in...

Meralco eyeing partnership with Batangas electric coops

Power retailer Manila Electric Co. expressed interest to help bring stable and reliable electricity to...